Noncircumvention Clause Example from Business Contracts

This example Noncircumvention clause appears in 15 contracts from 8 companies

Noncircumvention. The Company hereby covenants and agrees that the Company will not, by amendment of its Certificate of Incorporation (as defined in the Securities Purchase Agreement), Bylaws (as defined in the Securities Purchase Agreement) or through any reorganization, transfer of assets, consolidation, merger, scheme of arrangement, dissolution, issue or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Note, and will at all tim...es in good faith carry out all of the provisions of this Note and take all action as may be required to protect the rights of the Holder of this Note. Without limiting the generality of the foregoing or any other provision of this Note or the other Transaction Documents, the Company (a) shall not increase the par value of any shares of Common Stock receivable upon conversion of this Note above the Conversion Price then in effect, and (b) shall take all such actions as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable shares of Common Stock upon the conversion of this Note. Notwithstanding anything herein to the contrary, if after the sixty (60) calendar day anniversary of the Issuance Date, the Holder is not permitted to convert this Note in full for any reason (other than pursuant to restrictions set forth in Section 3(d) hereof), the Company shall use its best efforts to promptly remedy such failure, including, without limitation, obtaining such consents or approvals as necessary to permit such conversion into shares of Common Stock. View More
ShiftPixy, Inc. Contracts

Form of Senior Convertible Note (Filed With SEC on March 12, 2019)

Form of Amended and Restated Note (Filed With SEC on March 24, 2020)

Form of Exchange Note (Filed With SEC on March 25, 2020)

Helios & Matheson Analytics Inc. Contracts

Form of Notes to be issued by the Company (Filed With SEC on June 21, 2018)

Form of Notes to be issued by the Company (Filed With SEC on January 11, 2018)

[FORM OF SENIOR SECURED CONVERTIBLE NOTE] (Filed With SEC on September 8, 2016)

[FORM OF SENIOR SECURED CONVERTIBLE NOTE] (Filed With SEC on December 2, 2016)

Form of Notes to be issued by the Company (Filed With SEC on November 6, 2017)