Common use of Certain Understandings Clause in Contracts

Certain Understandings. The Stockholders understand that the Company makes no representations of any kind concerning its intent or ability to offer or sell any of the Registrable Securities in a public offering or otherwise and that its sole rights to have the Registrable Securities registered under the Act are contained in this Agreement. So long as there are Registrable Securities outstanding and the Company is subject to the reporting requirements of the Act and the Securities E;exchange Act of 1934 (the "Exchange Act"), the Company will file the reports required to be filed by it under the Act and the Exchange Act and the rules and regulations adopted by the SEC hereunder, and will take such further action as the holders of Registrable Securities may reasonably request, all to the extent required from time to time to enable the holders of Registrable Securities without registration under the Act within the limitation of the exemptions provided by (i) Rule 144 under the Act, as such Rule may be amended from time to tune, or (ii) any similar rule or regulation hereafter adopted by the SEC. Upon the request of the holders of Registrable Securities, the Company will deliver to the holders of Registrable Securities a written statement as to whether it has complied with such information requirements.

Appears in 4 contracts

Samples: Bridge Loan Agreement (Protosource Corp), Bridge Loan Agreement (Protosource Corp), Bridge Loan Agreement (Protosource Corp)

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Certain Understandings. The Stockholders understand that the Company makes no representations of any kind concerning its intent or ability to offer or sell any of the Registrable Securities in a public offering or otherwise and that its sole rights to have the Registrable Securities registered under the Act are contained in this Agreement. So long as there are Registrable Securities outstanding and the Company is subject to the reporting requirements of the Act and the Securities E;exchange Exchange Act of 1934 (the "Exchange Act"), the Company will file the reports required to be filed by it under the Act and the Exchange Act and the rules and regulations adopted by the SEC hereunderthereunder, and will take such further action as the holders of Registrable Securities may reasonably request, all to the extent required from time to time to enable the holders of Registrable Securities to sell Registrable Securities without registration under the Act within the limitation of the exemptions provided by (i) Rule 144 under the Act, as such Rule may be amended from time to tunetime, or (ii) any similar rule or regulation hereafter adopted by the SEC. Upon the request of the holders of Registrable Securities, the Company will deliver to the holders of Registrable Securities a written statement as to whether it has complied compiled with such information requirements.

Appears in 1 contract

Samples: Registration Rights Agreement (Protosource Corp)

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Certain Understandings. The Stockholders Holders understand that the Company makes no representations of any kind concerning its intent or ability to offer or sell any of the Registrable Securities in a public offering or otherwise and that its their sole rights right to have the Registrable Securities registered under the Act are is contained in this Agreement. So long as there are Registrable Securities outstanding and the Company is subject to the reporting requirements of the Act and the Securities E;exchange Exchange Act of 1934 (the "Exchange Act"), the Company will undertakes to file the reports required to be filed by it under the Act and the Exchange Act and the rules and regulations adopted by the SEC hereunderthereunder, and will take such further action as the holders Holders of the Registrable Securities may reasonably request, all to the extent required from time to time to enable the holders of Holders to sell Registrable Securities without registration under the Act within the limitation of the exemptions provided by (i) Rule 144 under the Act, as such Rule may be amended from time to tunetime, or (ii) any similar rule or regulation hereafter adopted by the SEC. Upon the request of the holders of Registrable SecuritiesHolders, the Company will deliver to the holders of Registrable Securities Holders a written statement as to whether it has complied with such information requirements.

Appears in 1 contract

Samples: Shareholder Agreement (Leak X Environmental Corporation)

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