Common use of Subsequent Placements Clause in Contracts

Subsequent Placements. (a) From the date hereof through the 10th Trading Day following the Closing Date (including such date) (the “Blockout Period”), the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries’ equity or equity equivalent securities, including without limitation any debt, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a “Subsequent Placement”).

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Entremed Inc), Common Stock Purchase Agreement (Entremed Inc)

AutoNDA by SimpleDocs

Subsequent Placements. (a) From the date hereof through until the 10th Trading Day following the Closing Effective Date (including such date) (the "Blockout Period"), the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries' equity or equity equivalent securities, including without limitation any debt, preferred stock (other than dividends in kind with respect to the Company's outstanding Preferred Stock) or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a "Subsequent Placement").

Appears in 1 contract

Samples: Securities Purchase Agreement (Alanco Technologies Inc)

Subsequent Placements. (a) From the date hereof through the 10th until 30 Trading Day Days following the Closing Effective Date (including such date) (the “Blockout Period”"BLOCKOUT PERIOD"), the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries' equity or equity equivalent securities, including without limitation any debt, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock Equity or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a “Subsequent Placement”"SUBSEQUENT PLACEMENT")., except as described in clause (D) of the definition of "Excluded Stock"

Appears in 1 contract

Samples: Securities Purchase Agreement (Citizens Inc)

Subsequent Placements. (a) From the date hereof through the 10th Trading Day 30th calendar day following the Closing Date (including such date) (the "Blockout Period"), the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries' equity or equity equivalent securities, including without limitation any debt, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a "Subsequent Placement").

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Napro Biotherapeutics Inc)

Subsequent Placements. (a) From Other than with respect to the Omicron Financing, from the date hereof through until the 10th Trading Day following the Closing Effective Date (including such date) (the "Blockout Period"), the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries' equity or equity equivalent securities, including without limitation any debt, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a "Subsequent Placement").

Appears in 1 contract

Samples: Securities Purchase Agreement (Lmic Inc)

AutoNDA by SimpleDocs

Subsequent Placements. (a) From Except up to 50,000 shares of Common Stock, from the date hereof through until the 10th Trading Day following the Closing Date (including such date) (the “Blockout Period”)Effective Date, the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries' equity or equity equivalent securities, including without limitation any debt, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a "Subsequent Placement").

Appears in 1 contract

Samples: Securities Purchase Agreement (Central European Distribution Corp)

Subsequent Placements. (a) From the date hereof through until the 10th Trading Day following 12-month anniversary of the Closing Effective Date (including such date) (the “Blockout Period”"RIGHTS PERIOD"), the Company will not, directly or indirectly, offer, sell, grant any option to purchase, or otherwise dispose of (or announce any offer, sale, grant or any option to purchase or other disposition of) any of its or the Subsidiaries' equity or equity equivalent securities, including without limitation any debt, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Common Stock Equivalents (any such offer, sale, grant, disposition or announcement being referred to as a “Subsequent Placement”"SUBSEQUENT PLACEMENT"). unless the Company shall have first complied with this Section 4.11(a).

Appears in 1 contract

Samples: Securities Purchase Agreement (Epoch Biosciences Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.