DWAC Transfer definition

DWAC Transfer shall have the meaning set forth in Section 2.04.
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Examples of DWAC Transfer in a sentence

  • The Borrower shall electronically transmit the Common Stock issuable pursuant to this Notice of Conversion to the account of the undersigned or its nominee with DTC through its Deposit Withdrawal Agent Commission system ("DWAC Transfer").

  • The Investor acknowledges that although the Draw Down shares acquired from the Company pursuant to a DWAC Transfer do not bear a restrictive legend, they constitute "restricted securities" within the meaning of the Securities Act and the Investor agrees it will transfer the Draw Down Shares through the facilities of The Depository Trust Company only pursuant to the Registration Statement or pursuant to Rule 144 under the Securities Act.

  • The Investor acknowledges that although the Draw Down Shares acquired from the Company pursuant to a DWAC Transfer do not bear a restrictive legend, they constitute "restricted securities" within the meaning of the Securities Act and the Investor agrees it will transfer the Draw Down Shares through the facilities of The Depository Trust Company only pursuant to the Registration Statement or pursuant to Rule 144 under the Securities Act.

  • The Corporation shall electronically transmit the Common Stock issuable pursuant to this Notice of Conversion to the account of the undersigned or its nominee with DTC through its Deposit Withdrawal Agent Commission system ("DWAC Transfer").

  • The Investor acknowledges that although the Draw Down shares acquired from the Company pursuant to a DWAC Transfer do not bear a restrictive legend, they constitute "restricted securities" within the meaning of the Securities Act and the Investor agrees it will transfer the Draw Down Shares through the facilities of The Depository Trust Company only pursuant to the Registration Statement or pursuant to a transaction exempt from registration under the Securities Act.

  • The Company shall issue irrevocable instructions in the form attached hereto as Exhibit H to its transfer agent to electronically transmit the Draw Down Shares to the Buyer by DWAC Transfer upon issuance of the Draw Down Shares in accordance with the terms hereof (the "Irrevocable Transfer Agent Instructions").

  • The Company shall electronically transmit the Common Stock issuable pursuant to this Exercise Agreement to the account of the undersigned or its nominee with DTC through its Deposit Withdrawal Agent Commission system ("DWAC Transfer").

  • Box Checked as to applicable instructions : [ ] The Borrower shall electronically transmit the Common Stock issuable pursuant to this Notice of Conversion to the account of the undersigned or its nominee with DTC through its Deposit Withdrawal Agent Commission system ("DWAC Transfer").

Related to DWAC Transfer

  • Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.

  • Type II transfer means that phrase as defined by Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.

  • Transfer Form means a standardized form prescribed by the Management Company to be duly filed by the investor to transfer Units and will be stated in this Offering Document.

  • Freddie Mac Transfer As defined in Section 13 hereof.