Examples of Additional Purchase Notice in a sentence
Notwithstanding the foregoing, the Company shall not deliver any Additional Purchase Notice during the PEA Period.
The Company may deliver an Additional Purchase Notice to the Investor only on a Purchase Date on which the Closing Sale Price is not below $0.75 (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction).
In addition to any other rights and remedies under applicable law and this Agreement, so long as an Event of Default has occurred and is continuing, or if any event that, after notice and/or lapse of time, would reasonably be expected to become an Event of Default, has occurred and is continuing, the Company shall not deliver to the Investor any Regular Purchase Notice, Accelerated Purchase Notice or Additional Purchase Notice.
Reductions, exemptions or modifications to this requirement may be approved subject to proper technical justification and approval by the city engineer.
Any time during an Investment Period, the Company may provide to the Investor written notice that the Investor's purchase obligation pursuant to any Mandatory Purchase Notice or any Additional Purchase Notice will be suspended.
In the event the Principal Market is closed or there is no trading in the Common Stock or trading has been halted for any reason whatsoever, Buyer, in its sole discretion, may reject a part of or all of the Purchase Notice or Additional Purchase Notice.
An Additional Purchase Notice may not be delivered if the Company has not delivered a Mandatory Purchase Notice with respect to the same Investment Period.
For any Investment Period during which the Company elects to obligate the Investor to make a Mandatory Purchase, the Company may deliver to the Investor an Additional Purchase Notice with respect to the same Investment Period in accordance with Section 2.3(b).
If the Buyer elects not to cancel the Purchase Notice and/or an Additional Purchase Notice, the Company will pay to the Buyer as liquidated damages the sum of $5,000 per day until the Transfer Agent delivers the Purchase Shares to Buyer.
Promptly following execution and delivery of an Additional Purchase Notice, the Purchaser Representative shall deliver to the Company a revised copy of Schedule B, which shall set forth the portion of the Additional Purchase Price which each Purchaser and/or Purchaser Designee shall be responsible to pay, as determined by the Purchaser Representative in its sole discretion, and such revised Schedule B shall amend and restate Schedule B hereto without any further action by the Company or any other Party.