Common use of Quotation of Common Stock Clause in Contracts

Quotation of Common Stock. The Company hereby agrees to use best efforts to maintain the quotation of the Common Stock on the Trading Market on which it is currently quoted, and concurrently with the Closing, the Company shall promptly secure the quotation of all of the Shares and Warrant Shares on such Trading Market. The Company further agrees, if the Company applies to have the Common Stock traded on any other Trading Market, it will then include in such application all of the Shares and Warrant Shares, and will take such other action as is necessary to cause all of the Shares and Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible. The Company will then take all action reasonably necessary to continue the listing and trading of its Common Stock on a Trading Market and will comply in all respects with the Company’s reporting, filing and other obligations under the bylaws or rules of the Trading Market.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Novelos Therapeutics, Inc.), Securities Purchase Agreement (Novelos Therapeutics, Inc.), Securities Purchase Agreement (Novelos Therapeutics, Inc.)

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Quotation of Common Stock. The Company hereby agrees to use best efforts to maintain continue to timely file reports and other materials with the quotation of SEC and to take any other affirmative action required by an issuer for its the Common Stock on the Trading Market on which it is currently quotedStock, and concurrently with the Closing, the Company shall promptly secure the quotation of all of including the Shares and the Warrant Shares Shares, to be quoted on such Trading Marketthe OTCBB. The Company further agrees, if the Company applies to have the Common Stock traded on any other Trading Market, it will then include in such application all of the Shares and Warrant Shares, and will take such other action as is necessary to cause all of the Shares and Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible. The Company will then take all action reasonably necessary to continue the listing and trading of its Common Stock on a Trading Market and will comply in all respects with the Company’s reporting, filing and other obligations under the bylaws or rules of the Trading Market.

Appears in 1 contract

Samples: Securities Purchase Agreement (Generex Biotechnology Corp)

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