Common use of Compliance With Securities Act Disposition of Warrant or Shares of Common Stock Clause in Contracts

Compliance With Securities Act Disposition of Warrant or Shares of Common Stock. The holder of this Warrant, by acceptance hereof, agrees that this Warrant and the Shares of Common Stock to be issued upon exercise hereof are being acquired for investment and that the holder will not offer, sell or otherwise dispose of this Warrant or any Shares of Common Stock to be issued upon exercise hereof, except under circumstances which will not result in a violation of the Securities Act of 1933, as amended (the "Act") nor violate the terms of the Warrant Agreement. In addition, any permitted Warrant transferee will be required to agree to the provisions of this Section 3. The provisions of this Section 3 shall not apply to any shares of Common Stock, the issuance or resale of which is registered under the Act.

Appears in 3 contracts

Samples: Warrant Agreement (Waterlink Inc), Warrant Agreement (Waterlink Inc), Warrant Agreement (Waterlink Inc)

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Compliance With Securities Act Disposition of Warrant or Shares of Common Stock. The holder of this Warrant, by acceptance hereof, agrees that this Warrant and the Shares of Common Stock to be issued upon exercise hereof are being acquired for investment and that the holder will not offer, sell or otherwise dispose of this Warrant or any Shares of Common Stock to be issued upon exercise hereof, except under circumstances which will not result in a violation of the Securities Act of 1933, as amended (the "Act") nor violate the terms of the Warrant Agreement and, if then applicable, the Amended and Restated Stockholders' Agreement (as defined in the Warrant Agreement). In addition, any permitted Warrant transferee will be required to agree to the provisions of this Section 3. The provisions of this Section 3 shall not apply to any shares of Common Stock, the issuance or resale of which is registered under the Act.

Appears in 2 contracts

Samples: Warrant Agreement (Waterlink Inc), Warrant Agreement (Brantley Capital Corp)

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