Common use of Business Operations Clause in Contracts

Business Operations. Until the earlier of: (i) the third anniversary of the Closing Date and (ii) the date that the Purchasers own less than 10% of the Preferred Shares originally issued pursuant to this Agreement or Conversion Shares issuable upon conversion thereof, the Company shall comply with the following covenants:

Appears in 6 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (Access Pharmaceuticals Inc), Preferred Stock and Warrant Purchase Agreement (Access Pharmaceuticals Inc), Preferred Stock and Warrant Purchase Agreement (Access Pharmaceuticals Inc)

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Business Operations. Until the earlier of: (i) the third year anniversary of the Closing Date and (ii) the date that the Purchasers own less than 1050% of the Preferred Shares Notes originally issued pursuant to this Agreement or Conversion Shares issuable upon conversion thereof, the Company shall comply with the following covenants:

Appears in 4 contracts

Samples: Convertible Note and Warrant Purchase Agreement (Access Pharmaceuticals Inc), Convertible Note and Warrant Purchase Agreement (Access Pharmaceuticals Inc), Convertible Note and Warrant Purchase Agreement (Access Pharmaceuticals Inc)

Business Operations. Until the earlier of: (i) the third fourth year anniversary of the Closing Date and (ii) the date that the Purchasers own less than 1050% of the Preferred Shares originally issued pursuant to this Agreement or and the Conversion Shares issuable issued upon any conversion thereof, the Company shall comply with the following covenants:

Appears in 3 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (TRUEYOU.COM), Preferred Stock and Warrant Purchase Agreement (Somanta Pharmaceuticals Inc.), Preferred Stock and Warrant Purchase Agreement (Somanta Pharmaceuticals Inc.)

Business Operations. Until the earlier of: (i) the third fourth year anniversary of the Closing Date and (ii) the date that the Purchasers own less than 1050% of the Preferred Shares originally issued pursuant to this Agreement or Conversion Shares issuable upon conversion thereofAgreement, the Company shall comply with the following covenants:

Appears in 2 contracts

Samples: Common Stock and Warrant Purchase Agreement, Common Stock and Warrant Purchase Agreement (Antares Pharma Inc)

Business Operations. Until the earlier of: of (i) the third anniversary of the Closing Date and (ii) the date that the Purchasers own less than 10% of the Preferred Shares originally issued pursuant to this Agreement or Conversion Shares issuable upon conversion thereof, the Company shall comply with the following covenants:

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Feinberg Larry N)

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Business Operations. Until the earlier of: (i) the third fourth year anniversary of the Closing Date and (ii) the date that the Purchasers own Purchaser owns less than 1050% of the Preferred Shares originally issued pursuant to this Agreement or Conversion Shares issuable upon conversion thereofAgreement, the Company shall comply with the following covenants:

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Electric & Gas Technology Inc)

Business Operations. Until the earlier of: (i) the third year anniversary of the Closing Date and (ii) the date that the Purchasers own less than 1050% of the Preferred Shares originally issued pursuant to this Agreement or Conversion Shares issuable upon conversion thereofAgreement, the Company shall comply with the following covenants:

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Biosante Pharmaceuticals Inc)

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