Common use of Compliance with NASD Rules Clause in Contracts

Compliance with NASD Rules. The Company hereby agrees -------------------------- that it will require that the holders of Reserved Securities execute lock- up agreements that provide that such securities will be restricted as required by the NASD or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The Underwriters will notify the Company in writing as to which persons will need to be so restricted. At the request of the Underwriters, the Company will direct the transfer agent to place a stop transfer restrictions upon such securities for such period of time.

Appears in 2 contracts

Samples: International Purchase Agreement (Apex Mortgage Capital Inc), International Purchase Agreement (Apex Mortgage Capital Inc)

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Compliance with NASD Rules. The Company hereby agrees -------------------------- that it will require that the holders of Reserved Securities execute lock- up agreements that provide that such securities will be restricted as required by the NASD or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The U.S. Underwriters will notify the Company in writing as to which persons will need to be so restricted. At the request of the U.S. Underwriters, the Company will direct the transfer agent to place a stop transfer restrictions upon such securities for such period of time.

Appears in 2 contracts

Samples: u.s. Purchase Agreement (Apex Mortgage Capital Inc), u.s. Purchase Agreement (Apex Mortgage Capital Inc)

Compliance with NASD Rules. The Company hereby agrees -------------------------- that it will require ensure that the holders of Reserved Securities execute lock- up agreements that provide that such securities will be restricted as required by the NASD or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The Underwriters will notify the Company in writing as to which persons will need to be so restricted. At the request of the Underwriters, the Company will direct the transfer agent to place a stop transfer restrictions upon such securities for such period of time.transfer

Appears in 1 contract

Samples: Underwriting Agreement (Cooperative Holdings Inc)

Compliance with NASD Rules. The Company hereby agrees -------------------------- that it will require ensure that the holders of Reserved Securities execute lock- up agreements that provide that such securities will be restricted as required by the NASD National Association of Securities Dealers, Inc. (the “NASD”) or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The Underwriters will notify the Company in writing as to which persons will need to be so restricted. At the request of the Underwriters, the Company will direct the transfer agent to place a stop transfer restrictions restriction upon such securities for such period of time.

Appears in 1 contract

Samples: Purchase Agreement (Superior Offshore International Inc.)

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Compliance with NASD Rules. The Company hereby agrees -------------------------- that it will require ensure that the holders of Reserved Securities execute lock- up agreements that provide that such securities will be restricted as required by the NASD National Association of Securities Dealers, Inc. (the "NASD") or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The Underwriters will notify the Company in writing as to which persons will need to be so restricted. At the request of the Underwriters, the Company will direct the transfer agent to place a stop transfer restrictions restriction upon such securities for such period of time.. Should the Company release, or seek to release, from such

Appears in 1 contract

Samples: Purchase Agreement (Interliant Inc)

Compliance with NASD Rules. The Company hereby agrees -------------------------- that it will require ensure that the holders of Reserved Securities execute lock- up agreements that provide that such securities will be restricted as required by the NASD National Association of Securities Dealers, Inc. (the "NASD") or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The Underwriters will notify the Company in writing as to which persons will need to be so restricted. At the request of the Underwriters, the Company will direct the transfer agent to place a stop transfer restrictions restriction upon such securities for such period of time.

Appears in 1 contract

Samples: Underwriting Agreement (Community Bancorp)

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