Common use of DTC Program Clause in Contracts

DTC Program. If the Company is eligible for DTC’s “FAST” program, it will, for a period of at least two (2) years from the Execution Date, use its best efforts to employ as the transfer agent for the Securities a participant in the DTC’s Automated Securities Transfer Program that is eligible to deliver shares via the DWAC System.

Appears in 8 contracts

Sources: Investment Agreement (Arista Financial Corp.), Investment Agreement (Balance Labs, Inc.), Investment Agreement (NCM Financial)

DTC Program. If the Company is eligible for DTC’s “FAST” program, it will, for a period of at least two (2) years from the Execution Final Closing Date, use its best efforts to employ as the transfer agent for the Purchased Securities a participant in the DTC’s Depository Trust Company Automated Securities Transfer Program that is eligible to deliver shares via the DWAC Deposit Withdrawal Agent Commission System.

Appears in 1 contract

Sources: Subscription Agreement (Ciglarette, Inc.)