Existing ATM definition
Examples of Existing ATM in a sentence
At the outset of the Pilot Project, the Enhanced ATMs will be installed at a minimum of twenty (20) Existing ATM Locations.
At the conclusion of the Pilot Project, and subject to the provisions of Section 8 herein, ▇▇▇▇▇ Fargo will begin a Rollout Program, during which it will install an Enhanced ATM at the Existing ATM Locations and those Subsequently Acquired ATM Locations that are to be included in this Rollout Program pursuant to Sections 3.1.4(a) and (b) below (together referred to as “Rollout Locations”).
Of ▇▇▇▇▇ Fargo’s Existing ATM Locations selected for the Pilot Project, at least fifty percent (50%) shall be located in the San Francisco Bay Area, and at least twenty-five percent (25%) shall be located in Los Angeles and San Diego Counties.
Any Existing ATM Location relinquished to a parent, successor or assign of ▇▇▇▇▇ Fargo after the Effective Date shall continue to be subject to ▇▇▇▇▇ Fargo’s rollout schedule pursuant to Section 3.1.3, above.
For each of the first two rollout deadlines of Section 3.1.3, above, at least twenty-five percent (25%) of the Existing ATM Locations at which Enhanced ATMs are installed shall be located in the San Francisco Bay Area.
From and after the delivery of the initial Issuance Notice to the Designated Agent hereunder, the Company shall not offer, issue or sell (other than the settlement of any share issuances for sales made prior to the delivery of such Issuance Notice) any shares under the Existing ATM Agreement.
Notwithstanding the foregoing, following the Closing Date, the Company shall be permitted to sell shares of Common Stock under the Existing ATM (as defined in Section 4.11(b)), provided the gross sales price per share of Common Stock sold under the Existing ATM shall not be less than $___.
The Company and the Manager hereby agree that, upon the effectiveness of the Registration Statement, the Existing ATM Agreement shall be terminated by mutual agreement of the parties pursuant to Section 8(c) of the Existing ATM Agreement.
Provided however, notwithstanding anything in this Section 1(B), the Company may (i) file an amendment or supplement to the existing Sales Agreement with the Placement Agent dated September 16, 2024 (the “Existing ATM”) at any time after the date of this Agreement; and (ii) may make sales under the Existing ATM fifteen (15) days after the Effectiveness Date of the Registration Statement.
The Company and the Manager hereby agree that, upon the execution of this Agreement, the At The Market Offering Agreement, dated as of August 16, 2021, between the Company and the Manager (the “Existing ATM Agreement”) shall be terminated by mutual agreement of the parties pursuant to Section 9(c) of the Existing ATM Agreement.