Replacement of Transfer Agent. The Company hereby agrees that it shall not replace the Transfer Agent as the Company’s transfer agent without the prior written consent of the Lender. The Company agrees that, in the event the Transfer Agent resigns as the Company’s transfer agent, the Company will engage a suitable replacement transfer agent that has agreed to serve as transfer agent and to be bound by the terms and conditions of this Agreement within ten (10) business days of the resignation of the Transfer Agent. The Company’s obligation to obtain a suitable replacement transfer agent shall not affect the current Transfer Agent’s ability to resign.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Growlife, Inc.), Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.), Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.)
Replacement of Transfer Agent. The Company Companies hereby agrees that it shall not replace the Transfer Agent as the Company’s Companies’ transfer agent without the prior written consent of the Lender. The Company agrees Companies agree that, in the event the Transfer Agent resigns as the Company’s Companies’ transfer agent, the Company Companies will engage a suitable replacement transfer agent that has agreed to serve as transfer agent and to be bound by the terms and conditions of this Agreement within ten (10) business days of the resignation of the Transfer Agent. The Company’s Companies’ obligation to obtain a suitable replacement transfer agent shall not affect the current Transfer Agent’s ability to resign.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Facility Agreement (Revolutionary Concepts Inc)
Replacement of Transfer Agent. a. The Company hereby agrees that it shall not replace the Transfer Agent as the Company’s transfer agent without the prior written consent of the Lender. The Company agrees that, in the event the Buyer.
b. Any attempt by Transfer Agent resigns to resign as the Company’s transfer agent, agent hereunder shall not be effective until such time as the Company will engage provides to the Transfer Agent written notice that a suitable replacement transfer agent that has agreed to serve as transfer agent and to be bound by the terms and conditions of this Agreement within ten (10) business days of these Irrevocable Transfer Agent Instructions. However, the resignation of the Transfer Agent. The Company’s obligation to obtain a suitable replacement transfer agent shall not affect the current Transfer Agent’s ability to resignmay resign upon 30 days written notice.
Appears in 1 contract
Sources: Irrevocable Transfer Agent Instructions (Hyperdynamics Corp)