Common use of Maximum Aggregate Purchase of Common Stock Clause in Contracts

Maximum Aggregate Purchase of Common Stock. Unless the Company obtains Shareholder approval pursuant to the applicable corporate governance rules of the Nasdaq Stock Market, the Investor may not be compelled to make a purchase which results in the issuance to the Investor of more than 19.99% of the shares of Common Stock (measured at the time of such purchase) as a result of the transactions contemplated by this Agreement, including the conversion of the Series D and Series E Convertible Preferred Stock, the exercise of any Puts.

Appears in 1 contract

Samples: Credit Agreement (Ashton Technology Group Inc)

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Maximum Aggregate Purchase of Common Stock. Unless If required by the Principal Market, unless the Company obtains Shareholder shareholder approval pursuant to the applicable corporate governance rules of the Nasdaq Stock Principal Market, the Investor Investors may not be compelled to make a purchase which results in the issuance to the Investor Investors, in the aggregate, of more than 19.99% of the shares of Common Stock (measured at the time of such purchase) as a result of the transactions contemplated by this Agreement, including the conversion of the Series D and Series E Convertible Preferred Stock, the exercise of any Puts.

Appears in 1 contract

Samples: Registration Rights Agreement (Ijnt Net Inc)

Maximum Aggregate Purchase of Common Stock. Unless the Company obtains Shareholder approval pursuant to the applicable corporate governance rules of the Nasdaq Stock Market, the Investor Investors may not be compelled to make a purchase which results in the issuance to the Investor Investors of more than 19.99% of the shares of Common Stock (measured at the time of such purchase) as a result of the transactions contemplated by this Agreement, including the conversion of the Series D and Series E Convertible Preferred Stock, the exercise of any PutsDebentures.

Appears in 1 contract

Samples: Convertible Debenture and Private Equity (Dynatec International Inc)

Maximum Aggregate Purchase of Common Stock. Unless the Company obtains Shareholder shareholder approval pursuant to the applicable corporate governance rules of the Nasdaq Stock MarketMarket (or a written waiver therefrom), the Investor may not be compelled to make a purchase which results in the issuance to the Investor in the aggregate of more than 19.99% of the outstanding shares of Common Stock (measured at the time of such purchase) as a result of the transactions contemplated by this Agreement, including the conversion of the Series D and Series E Convertible Preferred Stock, the exercise of any Puts.

Appears in 1 contract

Samples: Registration Rights Agreement (Pharmos Corp)

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Maximum Aggregate Purchase of Common Stock. Unless In the event the Common Stock is listed on the Nasdaq Small Cap Stock Market or American Stock Exchange, or if the rules of the exchange or market where the Common Stock is then quoted require, unless the Company obtains Shareholder approval pursuant to the applicable corporate governance rules of the Nasdaq Stock Market, the Investor Investors may not be compelled to make a purchase which results in the issuance to the Investor Investors of more than 19.99% of the shares of Common Stock (measured at the time of such purchase) as a result of the transactions contemplated by this Agreement, including the conversion of the Series D and Series E Convertible Preferred Stock, the exercise of any Puts.

Appears in 1 contract

Samples: Credit Agreement (Imaging Diagnostic Systems Inc /Fl/)

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