Common use of Consent to Legend Clause in Contracts

Consent to Legend. Acquisition Sub consents to the placement of a legend restricting future transfer on the shares of Series B Preferred Stock delivered hereunder, which legend shall be in the following, or similar, form: "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION AFFORDED BY SECTION 4(2) OF THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."

Appears in 1 contract

Samples: Securities Purchase Agreement (NewMarket Technology Inc)

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Consent to Legend. Acquisition Sub NewMarket consents to the placement of a legend restricting future transfer on the shares of Series B Preferred Stock delivered hereunder, which legend shall be in the following, or similar, form: "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION AFFORDED BY SECTION 4(2) OF THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."

Appears in 1 contract

Samples: Securities Purchase Agreement (Diamond I, Inc.)

Consent to Legend. Acquisition Sub consents to the placement of a legend restricting future transfer on the shares of Series B Preferred Stock delivered hereunder, which legend shall be in the following, or similar, form: "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION AFFORDED BY SECTION 4(2) OF THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."

Appears in 1 contract

Samples: Securities Purchase Agreement (Diamond I, Inc.)

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Consent to Legend. Acquisition Sub NewMarket consents to the placement of a legend restricting future transfer on the shares of Series B Preferred Stock delivered hereunder, which legend shall be in the following, or similar, form: "THESE SECURITIES HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION AFFORDED BY SECTION 4(2) OF THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION, EXCEPT IN TRANSACTIONS EXEMPT FROM SUCH REGISTRATION."

Appears in 1 contract

Samples: Securities Purchase Agreement (NewMarket Technology Inc)

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