DWAC Eligible

Example Definitions of "DWAC Eligible"
DWAC Eligible. Means that (a) Borrower's Ordinary Shares are eligible at DTC for full services pursuant to DTC's operational arrangements, including without limitation transfer through DTC's DWAC system; (b) Borrower has been approved (without revocation) by DTC's underwriting department; (c) Borrower's transfer agent is approved as an agent in the DTC/FAST Program; (d) the Conversion Shares are otherwise eligible for delivery via DWAC; and (e) Borrower's transfer agent does not have a policy prohibiting or... limiting delivery of the Conversion Shares via DWAC View More
Found in RenovaCare, Inc. contract
DWAC Eligible. Means that (a) Borrower's Ordinary Shares are (i) the Common Stock is eligible at the DTC for full services pursuant to DTC's operational arrangements, including without limitation transfer through DTC's DWAC system; (b) system, (ii) Borrower has been approved (without revocation) by the DTC's underwriting department; (c) department, (iii) Borrower's transfer agent is approved as an agent in the DTC/FAST Program; (d) Program, (iv) the Conversion Shares are otherwise eligible for delivery via... DWAC; and (e) (v) Borrower's transfer agent does not have a policy prohibiting or limiting delivery of the Conversion Shares via DWAC DWAC; and (vi) Borrower or its transfer agent is able to deliver all Conversion Shares to Lender under this Note via DWAC. View More
Found in Notis Global, Inc. contract
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DWAC Eligible. Means that (i) the Common Stock is eligible at DTC for full services pursuant to the DTC's Operational Arrangements, including without limitation transfer through DTC's DWAC system, (ii) the Company has been approved (without revocation) by the DTC's underwriting department, and (iii) the Transfer Agent is approved as an agent in the DTC/FAST Program.
Found in NORTH BAY RESOURCES INC contract
DWAC Eligible. That (a) Borrower's Common Stock is eligible at DTC for full services pursuant to DTC's operational arrangements, including without limitation transfer through DTC's DWAC system; (b) Borrower has been approved (without revocation) by DTC's underwriting department; and (c) Borrower's transfer agent is approved as an agent in the DTC/FAST Program
Found in NaturalShrimp Inc contract
DWAC Eligible. The Common Stock is eligible at the DTC for full services pursuant to DTC's operational arrangements, including without limitation transfer through DTC's DWAC system
Found in Notis Global, Inc. contract
DWAC Eligible. Shall mean that (a) the Common Stock is eligible at DTC for full services pursuant to DTC's operational arrangements, including, without limitation, transfer through DTC's DWAC system, (b) the Company has been approved (without revocation) by the DTC's underwriting department, (c) the Transfer Agent is approved as an agent in the DTC/FAST Program, (d) the Put Shares, as applicable, are otherwise eligible for delivery via DWAC, (e) the Transfer Agent does not have a policy prohibiting or... limiting delivery of the Put Shares, as applicable, via DWAC and (f) the Common Stock is not subject to a "DTC chill." View More
Found in BTCS Inc. contract
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