Common use of Backstop Clause in Contracts

Backstop. Pursuant to the terms and subject to the conditions of this Agreement, the Company hereby offers ▇▇▇▇▇▇'▇ ▇▇▇▇ the right to subscribe for and exercise, in connection with the Rights Offering, at the Subscription Price the Backstop Amount. As soon as reasonably practicable following the expiration date of the Rights Offering as set forth in the Registration Statement (the "EXPIRATION DATE"), the Company and the subscription agent for the Rights Offering shall determine the Backstop Amount and provide notice thereof to ▇▇▇▇▇▇'▇ ▇▇▇▇. At the Closing, ▇▇▇▇▇▇'▇ ▇▇▇▇ hereby agrees to subscribe for and exercise, at the Subscription Price, the Backstop Amount (it being understood that other stockholders will not be offered the right to purchase any Rights that go unsubscribed in the Rights Offering).

Backstop. Pursuant to the terms and subject to the conditions of this Agreement, the Company hereby offers ▇▇▇▇▇▇'▇ ▇▇▇▇ the right to subscribe for and exercise, in connection with the Rights Offering, at the Subscription Price the Backstop Amount. As soon as reasonably practicable following the expiration date of the Rights Offering as set forth in the Registration Statement (the "EXPIRATION DATEExpiration Date"), the Company and the subscription agent for the Rights Offering shall determine the Backstop Amount and provide notice thereof to ▇▇▇▇▇▇'▇ ▇▇▇▇. At the Closing, ▇▇▇▇▇▇'▇ ▇▇▇▇ hereby agrees to subscribe for and exercise, at the Subscription Price, the Backstop Amount (it being understood that other stockholders will not be offered the right to purchase any Rights that go unsubscribed in the Rights Offering).

Backstop. Pursuant to the terms and subject to the conditions of this Agreement, the Company hereby offers H▇▇▇▇▇▇'’▇ ▇▇▇▇ the right to subscribe for and exercise, in connection with the Rights Offering, at the Subscription Price the Backstop Amount. As soon as reasonably practicable following the expiration date of the Rights Offering as set forth in the Registration Statement (the "EXPIRATION DATE"“Expiration Date”), the Company and the subscription agent for the Rights Offering shall determine the Backstop Amount and provide notice thereof to H▇▇▇▇▇▇'’▇ ▇▇▇▇. At the Closing, H▇▇▇▇▇▇'’▇ ▇▇▇▇ hereby agrees to subscribe for and exercise, at the Subscription Price, the Backstop Amount (it being understood that other stockholders will not be offered the right to purchase any Rights that go unsubscribed in the Rights Offering).