Common use of The Purchasers Clause in Contracts

The Purchasers. and the insiders of the Company will not sell shares for a price that is lower than the minimum price required for listing on NASDAQ Small Cap + US$1.00, until the Company is listed on NASDAQ Small Cap or AMEX exchange, but for no longer than 120 days from the Closing Date.

Appears in 2 contracts

Sources: Shares and Warrant Purchase Agreement (Xfone Inc), Shares and Warrant Purchase Agreement (Xfone Inc)

The Purchasers. and the insiders of the Company will not sell shares for a price that is lower than the minimum price required for listing on NASDAQ Small Cap + US$1.00, until the Company is listed on NASDAQ Small Cap or AMEX exchange, but for no longer than 120 days from the Closing DateEffective Date of the Registration Statement.

Appears in 1 contract

Sources: Shares and Warrant Purchase Agreement (Xfone Inc)