Common use of Rights to Future Stock Issuances Clause in Contracts

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second anniversary of the Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 7 contracts

Samples: Securities Purchase Agreement (COMSovereign Holding Corp.), Securities Purchase Agreement (Boxlight Corp), Securities Purchase Agreement (Wisa Technologies, Inc.)

AutoNDA by SimpleDocs

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second anniversary of the Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer the Investor the opportunity to purchase up to ten twenty percent (1020%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second first anniversary of the initial Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer the Investor Investors the opportunity to purchase up to ten one hundred percent (10100%) of such New Securities. The Investor Investors shall be entitled to apportion the right of first offer hereby granted to it them in such proportions as it deems appropriate among itself and its Affiliatestheir respective ownership percentages of the Units.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Marizyme Inc), Unit Purchase Agreement (Marizyme Inc)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second first anniversary of the Closing, the Company or any of its Subsidiaries proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Blue Star Foods Corp.), Securities Purchase Agreement (PaxMedica, Inc.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second anniversary of date that is eighteen months following the Closing, the Company proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (Abvc Biopharma, Inc.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 9 and applicable securities lawsLaws, if at any time prior to the second anniversary of the Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (Boxlight Corp)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second first anniversary of the any Closing, the Company proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (G Medical Innovations Holdings Ltd.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second one year anniversary of the Closing, the Company or any of its Subsidiaries proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten twenty percent (1020%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (PARTS iD, Inc.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to during the second anniversary period ending 36 months after the date of the initial Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer to the Investor the opportunity to purchase up to ten twenty percent (1020%) of such New Securities. The Investor shall Such offer may only be entitled to apportion accepted with the right prior written approval of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliatesthe Investor.

Appears in 1 contract

Samples: Securities Purchase Agreement (Phoenix Motor Inc.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second two-year anniversary of the Closing, the Company or any of its Subsidiaries proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten twenty percent (1020%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ainos, Inc.)

AutoNDA by SimpleDocs

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 9 and applicable securities laws, if at any time prior to the second first anniversary of the Closing, the Company proposes to offer or sell any New SecuritiesSecurities (a "Subsequent Financing"), the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

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

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second first anniversary of the initial Closing, the Company proposes to offer or sell any New SecuritiesSecurities in a Qualified Financing, the Company shall first offer the Investor Investors the opportunity to purchase up to ten one hundred percent (10100%) of such New SecuritiesSecurities in a Qualified Financing. The Investor Investors shall be entitled to apportion the right of first offer hereby granted to it them in such proportions as it deems appropriate among itself their respective ownership percentages of the Notes and its Affiliatesaccompanying Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Northann Corp.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to date that is twenty-four (24) months following the second anniversary of the most recent Closing, the Company proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten twenty percent (1020%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (Know Labs, Inc.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second anniversary of date that is eighteen (18) months following the Closing, the Company proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (Abvc Biopharma, Inc.)

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to date that is twenty-four (24) months following the second anniversary of the final Closing, the Company proposes to offer or sell any New SecuritiesSecurities (a “Subsequent Financing”), the Company shall first offer the Investor the opportunity to purchase up to ten twenty percent (1020%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blue Star Foods Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.