Standby Purchase Commitment. Section 2(b) of the Standby Agreement is amended to add the following sentence at the end of Section 2(b): “Shares acquired by the Standby Purchaser upon the conversion of the Exchangeable Note shall count towards the number of Shares that the Standby Purchaser is required or may purchase under this Section 2.”
Appears in 2 contracts
Sources: Standby Stock Purchase Agreement (Positive Physicians Holdings,inc.), Standby Stock Purchase Agreement (Positive Physicians Holdings,inc.)
Standby Purchase Commitment. Section 2(b) of the Standby Agreement is amended to add the following sentence at the end of Section 2(b): “Shares acquired by the Standby Purchaser upon the conversion of the Exchangeable Note shall count towards the number of Shares that the Standby Purchaser is required or may purchase under this Section 2.”” 1 Execution Copy Section 3.
Appears in 1 contract
Sources: Standby Stock Purchase Agreement