Certain Acknowledgments. Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be given by the Company to the Creditor in connection with the Exchange. The parties intend that this Agreement will qualify for tacking of the holding period of the restricted common stock pursuant to Rule 144(d) under the Securities Act of 1933, and each party agrees not to take a position to the contrary.
Appears in 6 contracts
Sources: Obligation Exchange Agreement (Mitesco, Inc.), Obligation Exchange Agreement (Mitesco, Inc.), Obligation Exchange Agreement (Mitesco, Inc.)
Certain Acknowledgments. Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be given by the Company to the Creditor Shareholder in connection with the Exchange. The parties intend that this Agreement will qualify for tacking of the holding period of the restricted common stock Preferred Stock pursuant to Rule 144(d) under the Securities Act of 1933, and each party agrees not to take a position to the contrary.
Appears in 4 contracts
Sources: Share Exchange Agreement (Mitesco, Inc.), Share Exchange Agreement (Mitesco, Inc.), Share Exchange Agreement (Mitesco, Inc.)
Certain Acknowledgments. Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be given by the Company Lender to the Creditor Borrower in connection with the Exchange. The parties intend that this Agreement will qualify for tacking of the holding period of the restricted common stock New Note and Common Stock pursuant to Rule 144(d) under the Securities Act of 1933, and each party agrees not to take a position to the contrary.
Appears in 2 contracts
Sources: Promissory Note Exchange Agreement (MGT Capital Investments, Inc.), Convertible Note Exchange Agreement (MGT Capital Investments, Inc.)
Certain Acknowledgments. Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be given by the Holder to Company to the Creditor in connection with the Exchange. The parties intend that the Common Shares and Preferred issued pursuant to this Agreement will qualify for tacking of the holding period of the restricted common stock Convertible Note pursuant to Rule 144(d) under the Securities Act of 1933, and each party agrees not to take a position to the contrary.
Appears in 1 contract
Sources: Warrant Exchange and Extinguishment Agreement (MGT Capital Investments, Inc.)
Certain Acknowledgments. Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be given by the Company Lender to the Creditor Borrower in connection with the Exchange. The parties intend that this Agreement will qualify for tacking of the holding period of the restricted common stock Note pursuant to Rule 144(d) under the Securities Act of 1933, and each party agrees not to take a position to the contrary.
Appears in 1 contract