UTTC definition
Examples of UTTC in a sentence
Such written notice shall include, without limitation, a list of the jurisdictions in which UTTC intends to attempt to qualify such securities under the applicable blue sky or other state securities laws.
Notwithstanding any other provision of Section 3.1 or this Section 3.2, in the event that the managing underwriter determines that marketing factors require a limitation on the number of shares of UTTC Common Stock to be sold, then UTTC will be required to include in such offering only that number of shares of UTTC Common Stock which it is so advised should be included in such offering.
UTTC shall include in such registration statement (and any related qualification under blue sky laws or other compliance required under the Securities Act) all UTTC Shares requested by Rosensaft to be included therein; provided, however, that UTTC may at any time withdraw or cease proceeding with any such registration if it shall at the same time withdraw or cease proceeding with the registration of all the other shares of UTTC Common Stock originally proposed to be registered.
If Rosensaft disapproves of the terms of any such underwriting, he may elect to withdraw all or any portion of the UTTC Shares therefrom by written notice to UTTC and the underwriter.
If less than all of the Selling Shareholders' Shares are to be included in the offering, such shares shall be included in the offering pro rata based on the total number of shares sought to be offered other than for issuance by UTTC.
If market conditions force UTTC to limit the number of shares of UTTC Common Stock to be sold, UTTC shall so advise Rosensaft of the number of UTTC Shares that may be included in the offering and underwriting at the time of the filing of the registration statement.
The statute of limitations shall be tolled as of December 9, 1996 through and including the date the release provided in Section 2.5 becomes effective or, in the event the Agreement is determined to be null and void pursuant to Section 5.19 hereof, thirty (30) days following receipt by Rosensaft of notice claiming that the Agreement is null and void thereunder, on all claims that Rosensaft has or may have against the Company, UTTC, Dover and Rittereiser, individually or collectively.
Prior to using any such information, UTTC shall obtain Rosensaft's prior written permission to use such information in any registration statement, which approval Rosensaft shall reasonably provide.
The foregoing release contained in Section 2.5 above does not include Rosensaft's right to enforce the terms of (i) the Promissory Note against Dover or its assignee, or (ii) the January 16, 1997 agreement among and between Rosensaft, the Company, UTTC, Dover and Rittereiser.
If UTTC proposes at any time following the date hereof to register any shares of the UTTC Common Stock in an initial public offering registered under the Securities Act through an underwriter or underwriters, UTTC shall promptly give written notice to Rosensaft of its intention to register the UTTC Common Stock.