Common use of Maximum Exercise of Rights Clause in Contracts

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 31 contracts

Samples: Subscription Agreement (Globetel Communications Corp), Subscription Agreement (Ibsg International Inc), Subscription Agreement (Diametrics Medical Inc)

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Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 16 contracts

Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Franklin Towers Enterprises Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 15 contracts

Samples: Subscription Agreement (Diamond Entertainment Corp), Subscription Agreement (IDO Security Inc.), Subscription Agreement (IDO Security Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 13 contracts

Samples: Subscription Agreement (Conolog Corp), Subscription Agreement (China Media1 Corp.), Subscription Agreement (NextMart Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(c) and 12(c12(e) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 7 contracts

Samples: Subscription Agreement (Kaire Holdings Inc), Subscription Agreement (Quest Oil Corp), Subscription Agreement (Voip Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cor 12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner as described in Section 7.3 of this Agreement, then the purchase and/or issuance of such additional shares of common stock other Common Stock or Common Stock equivalents of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock or Common Stock equivalents without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement7.3. The determination of when such common stock Common Stock or Common Stock equivalents may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 7 contracts

Samples: Subscription Agreement (Kaire Holdings Inc), Subscription Agreement (Kaire Holdings Inc), Subscription Agreement (Kaire Holdings Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would or could result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 6 contracts

Samples: Subscription Agreement (CepTor CORP), Subscription Agreement (Analytical Surveys Inc), Subscription Agreement (Ness Energy International Inc /Nv/)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 6 contracts

Samples: Subscription Agreement (Tube Media Corp.), Subscription Agreement (Conspiracy Entertainment Holdings Inc), Subscription Agreement (Conspiracy Entertainment Holdings Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(cSection 12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 6.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 6.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 5 contracts

Samples: Subscription Agreement (Conspiracy Entertainment Holdings Inc), Subscription Agreement (Conspiracy Entertainment Holdings Inc), Subscription Agreement (Conspiracy Entertainment Holdings Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cor 12(b) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 5 contracts

Samples: Subscription Agreement (BigString CORP), Form of Subscription Agreement (Marani Brands, Inc.), Subscription Agreement (Family Room Entertainment Corp)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and or 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner as described in Section 7.3 of this Agreement, then the purchase and/or issuance of such additional shares of common stock other Common Stock or Common Stock equivalents of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock or Common Stock equivalents without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement7.3. The determination of when such common stock Common Stock or Common Stock equivalents may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 4 contracts

Samples: Subscription Agreement (Greenland Corp), Subscription Agreement (Family Room Entertainment Corp), Subscription Agreement (Family Room Entertainment Corp)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cSection 11(a) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 4 contracts

Samples: Subscription Agreement (XRG Inc), Subscription Agreement (XRG Inc), Subscription Agreement (Voip Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a12(b), 12(d) and 12(c12(e) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 4 contracts

Samples: Subscription Agreement (Valcent Products Inc.), Subscription Agreement (Valcent Products Inc.), Subscription Agreement (Valcent Products Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a11(a) and 12(c11(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 4 contracts

Samples: Subscription Agreement (Renegade Venture Nev Corp), Subscription Agreement (Renegade Venture Nev Corp), Subscription Agreement (Accupoll Holding Corp)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(c) and 12(c12(d) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 4 contracts

Samples: Subscription Agreement (Hybrid Fuel Systems Inc), Subscription Agreement (South Texas Oil Co), Subscription Agreement (Addison Davis Diagnostics)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(cor 12(b) would or could result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 3 contracts

Samples: Subscription Agreement (Voip Inc), Subscription Agreement (Voip Inc), Subscription Agreement (Voip Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cor 12(b) would or could result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 3 contracts

Samples: Subscription Agreement (Liberty Star Uranium & Metals Corp.), Subscription Agreement (Voip Inc), Subscription Agreement (Lotus Pharmaceuticals, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 2.2 of this Agreementthe Warrants, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in contemplated by Section 2.2 of the manner described in Section 7.3 of this AgreementWarrants. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 3 contracts

Samples: Subscription Agreement (China Armco Metals, Inc.), Subscription Agreement (China Armco Metals, Inc.), Form of Subscription Agreement (China Logistics Group Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b), 12(c) and 12(c12(d) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 3 contracts

Samples: Security Agreement (BioElectronics Corp), Subscription Agreement (BioElectronics Corp), Subscription Agreement (BioElectronics Corp)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 3 contracts

Samples: Subscription Agreement (Inrob Tech Ltd.), Subscription Agreement (Inrob Tech Ltd.), Subscription Agreement (Inrob Tech Ltd.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a11(a), 11(b) and 12(cor 11(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner as described in Section 7.3 6.3 of this Agreement, then the purchase and/or issuance of such additional shares of common stock other Common Stock or Common Stock equivalents of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock or Common Stock equivalents without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement6.3. The determination of when such common stock Common Stock or Common Stock equivalents may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Kaire Holdings Inc), Subscription Agreement (Kaire Holdings Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(cor 12(b) would or could result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Voip Inc), Subscription Agreement (Voip Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and or 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 2(d) of this Agreement, then the purchase and/or issuance of such additional shares of other common stock or common stock equivalents of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock or common stock equivalents without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement2(d). The determination of when such common stock or common stock equivalents may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Wizzard Software Corp /Co), Subscription Agreement (Wizzard Software Corp /Co)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a11(a) and 12(c11(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 8 of this Agreementthe Warrants, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreementamount. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Conolog Corp), Subscription Agreement (Conolog Corp)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cSection 10(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Kaire Holdings Inc), Subscription Agreement (Kaire Holdings Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner as described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock other Common Stock or Common Stock equivalents of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock or Common Stock equivalents without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement7.3. The determination of when such common stock Common Stock or Common Stock equivalents may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Bravo Foods International Corp), Subscription Agreement (Bravo Foods International Corp)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Techedge Inc), Subscription Agreement (Techedge Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b) and 12(c) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Aegis Assessments Inc), Subscription Agreement (Universal Communication Systems Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 4(c) of this Agreementthe Certificate of Designation, then the issuance to Subscriber of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreementsuch manner. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (MedaSorb Technologies CORP), Subscription Agreement (Gilder Enterprises Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 7.2 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 7.2 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (IdeaEdge, Inc), Subscription Agreement (IdeaEdge, Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 2.3 of this Agreementthe Warrants, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in contemplated by Section 2.2 of the manner described in Section 7.3 of this AgreementWarrants. The determination of when such common stock may be issued shall be made by each the Subscriber as to only such Subscriber.

Appears in 2 contracts

Samples: Subscription Agreement (Iconic Brands, Inc.), Subscription Agreement (Iconic Brands, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a11(a) and 12(c11(b) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Silver Dragon Resources, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Commonwealth Biotechnologies Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b) and 12(c) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth forth, calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber only as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Savoy Resources Corp)

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Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Universal Communication Systems Inc)

Maximum Exercise of Rights. In the event -------------------------- the exercise of the rights described in Sections Section 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Goldspring)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (International Card Establishment Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Neonode, Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Dalrada Financial Corp)

Maximum Exercise of Rights. In the event the exercise of the -------------------------- rights described in Sections 12(a) and 12(cor 12(b) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (BigString CORP)

Maximum Exercise of Rights. In the event the exercise of the rights ----------------------------- described in Sections 12(a), 12(c) and 12(c12(e) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber. 13.

Appears in 1 contract

Samples: Subscription Agreement (FTS Group, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Red Carpet Entertainment Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections Section 12(a) and 12(c) would or could result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber. This section shall not be applicable to Longview Fund L.P. and its Affiliates.

Appears in 1 contract

Samples: Limited Standstill Agreement (Datascension Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a14(a) and 12(c14(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 9.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 9.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Securities Purchase Agreement (Radiate Research, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b) and or 12(c) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Ever-Glory International Group, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a11(a), 11c) and 12(c11d) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 6.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 6.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (5 G Wireless Communications Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber pursuant to Section 12(c) will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber. Each Subscriber will not be permitted to exercise the rights described in Section 12(a) in excess of the amount calculated pursuant to Section 7.3 of this Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Airtrax Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cor 12(b) would or could result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able permitted to beneficially own such common stock Common Stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (GoFish Corp.)

Maximum Exercise of Rights. In the event the exercise of the rights ----------------------------- described in Sections 12(a) and or 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner as described in Section 7.3 of this Agreement, then the purchase and/or issuance of such additional shares of common stock other Common Stock or Common Stock equivalents of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock or Common Stock equivalents without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement7.3. The determination of when such common stock Common Stock or Common Stock equivalents may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Imaging Technologies Corp/Ca)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a), 12(b) and 12(c) would result in the issuance of an amount of common stock Common Stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 4(c) of this Agreementthe Certificate of Designation, then the issuance of such additional shares of common stock Common Stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock Common Stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreementsuch manner. The determination of when such common stock Common Stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Novelos Therapeutics, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights -------------------------- described in Sections 12(a) and 12(cSection 13(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber Purchaser calculated in the manner described in Section 7.3 8.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber Purchaser will be deferred in whole or in part until such time as such Subscriber Purchaser is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 8.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber Purchaser as to only such SubscriberPurchaser.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pathogenics, Inc.)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(aSection 13(a) and 12(cor 13(b) would or could result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 8.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the applicable maximum amount set forth calculated in the manner described in Section 7.3 8.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Voip Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and Section 12(c) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 2(d) of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement2(d). The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (American Water Star Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cSection 10(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 10 of this Agreementthe Warrant. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (XRG Inc)

Maximum Exercise of Rights. In the event the exercise of the rights described in Sections 12(a) and 12(cor 12(b) would result in the issuance of an amount of common stock of the Company that would exceed the maximum amount that may be issued to a Subscriber calculated in the manner described in Section 7.3 of this Agreement, then the issuance of such additional shares of common stock of the Company to such Subscriber will be deferred in whole or in part until such time as such Subscriber is able to beneficially own such common stock without exceeding the maximum amount set forth calculated in the manner described in Section 7.3 of this Agreement. The determination of when such common stock may be issued shall be made by each Subscriber as to only such Subscriber.

Appears in 1 contract

Samples: Subscription Agreement (Satellite Security Corp)

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