DWAC Eligible means that (a) Borrowers Common Stock is eligible at DTC for full services pursuant to DTCs operational arrangements, including without limitation transfer through DTCs DWAC system, (b) Borrower has been approved (without revocation) by DTCs underwriting department, (c) Borrowers transfer agent is approved as an agent in the DTC/FAST Program, (d) the Conversion Shares are otherwise eligible for delivery via DWAC; (e) Borrower has previously delivered all Conversion Shares to Lender via DWAC; and (f) Borrowers transfer agent does not have a policy prohibiting or limiting delivery of the Conversion Shares via DWAC.
DWAC Eligible means that (a) Companys Common Stock is eligible at DTC for full services pursuant to DTCs operational arrangements, including without limitation transfer through DTCs DWAC system, (b) Company has been approved (without revocation) by the DTCs underwriting department, (c) Companys transfer agent is approved as an agent in the DTC/FAST Program, (d) the Delivery Shares are otherwise eligible for delivery via DWAC; (e) Company has previously delivered all Delivery Shares to Investor via DWAC; and (f) Companys transfer agent does not have a policy prohibiting or limiting delivery of the Delivery Shares via DWAC.
A13. “DWAC Eligible” means that (a) Company’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) Company has been approved (without revocation) by the DTC’s underwriting department, (c) Company’s transfer agent is approved as an agent in the DTC/FAST Program, (d) the Delivery Shares are otherwise eligible for delivery via DWAC; (e) Company has previously delivered all Delivery Shares to Investor via DWAC; and (f) Company’s transfer agent does not have a policy prohibiting or limiting delivery of the Delivery Shares via DWAC.
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