Cessation of Status as Registrable Securities. As to any particular Registrable Securities, such securities will cease to be Registrable Securities when they have (i) been effectively registered under the Act and disposed of in accordance with the registration statement covering them, (ii) become eligible for sale pursuant to, and have actually been sold to the public in compliance with, Rule 144(k) (or any similar provision then in force) under the Act, or (iii) been otherwise transferred and new certificates for them not bearing any restrictive legends have been delivered by the Company.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Ecology Coatings, Inc.), Agreement and Plan of Merger (Ocis Corp), Registration Rights Agreement (Ecology Coatings, Inc.)
Cessation of Status as Registrable Securities. As to any particular Registrable Securities, such securities will cease to be Registrable Securities when they have (i) been effectively registered under the Act and disposed of in accordance with the registration statement covering them, (ii) become eligible for sale pursuant to, and have actually been sold to the public in compliance with, Rule 144(k) 144 (or any similar provision then in force) under the Act, or (iii) been otherwise transferred and new certificates for them not bearing any restrictive legends have been delivered by the Company.
Appears in 1 contract
Samples: Registration Rights Agreement (New Century Companies Inc)
