Common use of Ownership Limitation Clause in Contracts

Ownership Limitation. In connection with each Advance Notice delivered by the Company, any portion of an Advance that would cause the Investor to exceed the Ownership Limitation shall automatically be withdrawn.

Appears in 16 contracts

Samples: Standby Equity Distribution Agreement (Omagine, Inc.), Equity Distribution Agreement (EnerJex Resources, Inc.), Standby Equity Purchase Agreement (Tower Semiconductor LTD)

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Ownership Limitation. In connection with each Advance Notice delivered by the Company, any portion of an Advance that would cause the Investor to exceed the Ownership Limitation shall automatically be withdrawndeemed to be withdrawn by the Company with no further action required by the Company.

Appears in 10 contracts

Samples: Committed Equity Facility Agreement (Cono Italiano, Inc.), Committed Equity Facility Agreement (Amerilithium Corp.), Equity Distribution Agreement (Oceanfreight Inc.)

Ownership Limitation. In connection with each Advance Notice delivered by the Company, any portion of an Advance that would cause the Investor to exceed the Ownership Limitation shall automatically be withdrawn. From time to time, and upon request of the Company, the Investor shall provide a statement to the Company detailing the Investor’s beneficial ownership of the Common Stock of the Company upon the date of such request.

Appears in 1 contract

Samples: Equity Distribution Agreement (Rxi Pharmaceuticals Corp)

Ownership Limitation. In connection with each Advance Notice delivered by the Company, any portion of an Advance or a Big Advance that would cause the Investor to exceed the Ownership Limitation shall automatically be withdrawn.

Appears in 1 contract

Samples: Equity Purchase Agreement (Cedar Shopping Centers Inc)

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Ownership Limitation. In connection with each Advance Notice delivered by the Company, any portion of an Advance that would cause the Investor to exceed the Ownership Limitation shall automatically be withdrawnwithdrawn with no further action required by the Company.

Appears in 1 contract

Samples: Equity Distribution Agreement (Supertel Hospitality Inc)

Ownership Limitation. In connection with each Advance Notice delivered by the Company, any portion of an Advance that would cause the Investor to exceed the Ownership Limitation shall automatically be withdrawndeemed to be withdrawn with no further action required by the Company.

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (Orckit Communications LTD)

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