Common use of PUTS Clause in Contracts

PUTS. Subject to the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time, to purchase Put Shares (i) in a minimum amount not less than $25,000.00 (calculated using the Initial Purchase Price) and (ii) in a maximum amount up to the lesser of (a) $2,000,000.00 (calculated using the Initial Purchase Price) or (b) 200% of the Average Daily Trading Value.

Appears in 4 contracts

Sources: Equity Purchase Agreement (TOMI Environmental Solutions, Inc.), Equity Purchase Agreement (Zhibao Technology Inc.), Equity Purchase Agreement (Siyata Mobile Inc.)

PUTS. Subject to the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time, to purchase Put Shares (i) in a minimum amount not less than $25,000.00 (calculated using the Initial Purchase Price) and (ii) in a maximum amount up to the lesser of (a) $2,000,000.00 2,500,000.00 (calculated using the Initial Purchase Price) or (b) 200% of the Average Daily Trading Value.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Super League Enterprise, Inc.), Equity Purchase Agreement (Energy Vault Holdings, Inc.)

PUTS. Subject to the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time, to purchase Put Shares (i) in a minimum amount not less than $25,000.00 (calculated using the Initial Purchase Price) and (ii) in a maximum amount up to the lesser of (a) $2,000,000.00 3,000,000.00 (calculated using the Initial Purchase Price) or (b) 200% of the Average Daily Trading Value.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Advent Technologies Holdings, Inc.), Equity Purchase Agreement (Wellgistics Health, Inc.)

PUTS. Subject to the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time, to purchase Put Shares (i) in a minimum amount not less than $25,000.00 50,000.00 (calculated using the Initial Purchase Price) and (ii) in a maximum amount up to the lesser of (a) $2,000,000.00 500,000.00 (calculated using the Initial Purchase Price) or (b) 200100% of the Average Daily Trading Value.

Appears in 1 contract

Sources: Equity Purchase Agreement (Tivic Health Systems, Inc.)

PUTS. Subject to the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time, to purchase Put Shares (i) in a minimum amount not less than $25,000.00 50,000.00 (calculated using the Initial Purchase Price) and (ii) in a maximum amount up to the lesser of (a) $2,000,000.00 750,000.00 (calculated using the Initial Purchase Price) or (b) 200150% of the Average Daily Trading Value.

Appears in 1 contract

Sources: Equity Purchase Agreement (Neonc Technologies Holdings, Inc.)