Conditions to Delivery Of. ISSUANCE NOTICES AND TO SETTLEMENT (a) Conditions Precedent to the Right of the Company to Deliver an Issuance Notice and the Obligation of the Agent to Sell Shares. The right of the Company to deliver an Issuance Notice hereunder is subject to the satisfaction, on the date of delivery of such Issuance Notice, and the obligation of the Agent to use its commercially reasonable efforts to place Shares during the applicable period set forth in the Issuance Notice is subject to the satisfaction, on each Trading Day during the applicable period set forth in the Issuance Notice, of each of the following conditions:
Appears in 4 contracts
Sources: Open Market Sale Agreement (Valneva SE), Open Market Sale Agreement (CytomX Therapeutics, Inc.), Open Market Sale Agreement (LGL Group Inc)
Conditions to Delivery Of. ISSUANCE NOTICES AND TO SETTLEMENT
(a) Conditions Precedent to the Right of the Company to Deliver an Issuance Notice and the Obligation of the Agent to Sell SharesShares During the Selling Period(s). The right of the Company to deliver an Issuance Notice hereunder is subject to the satisfaction, on the date of delivery of such Issuance Notice, and the obligation of the Agent to use its commercially reasonable efforts to place Shares during the applicable period set forth in the Issuance Notice Selling Period is subject to the satisfaction, on each Trading Day during the applicable period set forth in the Issuance NoticeSelling Period, of each of the following conditions:
Appears in 2 contracts
Sources: Sales Agreement (Solid Biosciences Inc.), Open Market Sale Agreement (Sol-Gel Technologies Ltd.)