Common use of LEGALITY OF INITIAL ISSUANCE Clause in Contracts

LEGALITY OF INITIAL ISSUANCE. No Shares will be issued in accordance with Section 3 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any Applicable Law has been satisfied.

Appears in 3 contracts

Samples: Award Agreement (Bank7 Corp.), Award Agreement (Spirit of Texas Bancshares, Inc.), Award Agreement (South Plains Financial, Inc.)

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LEGALITY OF INITIAL ISSUANCE. No Shares will be issued in accordance with Section 3 of this Award Agreement unless and until the Committee Administrator has determined that: (ia) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (iib) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has listed, if any, have been satisfied; and (iiic) any other applicable provision of any Applicable Law Laws has been satisfied.

Appears in 3 contracts

Samples: Award Agreement (Sunlight Financial Holdings Inc.), Award Agreement (Sunlight Financial Holdings Inc.), Restricted Stock Unit Award Agreement (Spartan Acquisition Corp. II)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 2 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any state or U.S. federal law or other Applicable Law has been satisfied.

Appears in 2 contracts

Samples: Award Agreement (Tapstone Energy Inc.), Award Agreement (Tapstone Energy Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 2 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any Applicable Law state or U.S. federal law or other applicable law has been satisfied.

Appears in 2 contracts

Samples: Award Agreement (LGI Homes, Inc.), Restricted Stock Unit Award Agreement (Warren Resources Inc)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 4 of this Award Agreement unless and until the Committee Board has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any state or U.S. federal law or other Applicable Law has been satisfied.

Appears in 1 contract

Samples: Award Agreement (Basic Energy Services Inc)

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LEGALITY OF INITIAL ISSUANCE. No Shares will be issued in accordance with Section 3 of this Award Agreement unless and until the Committee Administrator has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has listed, if any, have been satisfied; and (iii) any other applicable provision of any Applicable Law Laws has been satisfied.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Sunlight Financial Holdings Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any Applicable Law state or U.S. federal law or other applicable law has been satisfied.

Appears in 1 contract

Samples: Share Unit Award Agreement (LGI Homes, Inc.)

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