Common use of Tacking Clause in Contracts

Tacking. Subject to the truth and accuracy of the Holder’s representations set forth in Section 4 of this Agreement, the parties acknowledge and agree that in accordance with Section 3(a)(9) of the Securities Act, the Exchange Securities issued in exchange for Held Stock will tack back to the original issue date of such Held Stock for purposes of Rule 144 and the Company agrees not to take a position to the contrary.

Appears in 5 contracts

Samples: Form of Exchange Agreement (Taronis Fuels, Inc.), Exchange Agreement (Sysorex, Inc.), Exchange Agreement (Taronis Technologies, Inc.)

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Tacking. Subject to the truth and accuracy of the Holder’s representations set forth in Section 4 of this Agreement, the parties acknowledge and agree that in accordance with Section 3(a)(93(a) (9) of the Securities Act, the Exchange Securities Preferred Stock issued in exchange for Held the Common Stock will tack back to the original issue date dates of such Held the Common Stock for purposes of pursuant to Rule 144 and the Company agrees not to take a position to the contrary.

Appears in 1 contract

Samples: Securities Exchange Agreement (LGBTQ Loyalty Holdings, Inc.)

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