Common use of Irrevocable Instructions Clause in Contracts

Irrevocable Instructions. The Company will irrevocably instruct its transfer agent to issue Repriced Shares from time to time in such amounts as shall be specified from time to time by the Company to the transfer agent, bearing the restrictive legend specified in Section 7 of this Agreement prior to registration of the Shares under the Securities Act, registered in the name of Purchaser or its nominee and in such denominations to be specified by Purchaser in connection with each Closing. The Company warrants that no instruction other than such instructions referred to in this Section 9 and stop transfer instructions to give effect to Section 7 hereof prior to registration and sale of the Shares under the Securities Act will be given by the Company to the transfer agent and that the securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Registration Rights Agreement, and applicable law. Nothing in this Section 9 shall affect in any way Purchaser's obligations and agreement to comply with all applicable securities laws upon resale of the Shares.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Eurotech LTD), Common Stock Purchase Agreement (Interactive Technologies Com LTD), Common Stock Purchase Agreement (Altair International Inc)

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Irrevocable Instructions. The Company will irrevocably instruct its transfer agent to issue Repriced Shares from time to time in such amounts as shall be specified from time to time by the Company to the transfer agent, bearing the restrictive legend specified in Section SECTION 7 of this Agreement prior to registration of the Shares under the Securities Act, registered in the name of Purchaser or its nominee and in such denominations to be specified by Purchaser in connection with each Closing. The Company warrants that no instruction other than such instructions referred to in this Section SECTION 9 and stop transfer instructions to give effect to Section SECTION 7 hereof prior to registration and sale of the Shares under the Securities Act will be given by the Company to the transfer agent and that the securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Registration Rights Agreement, and applicable law. Nothing in this Section SECTION 9 shall affect in any way Purchaser's obligations and agreement to comply with all applicable securities laws upon resale of the Shares.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Chequemate International Inc), Common Stock Purchase Agreement (Eurotech LTD), Common Stock Purchase Agreement (Eurotech LTD)

Irrevocable Instructions. The Company will irrevocably instruct its transfer agent to issue Repriced Shares securities from time to time in such amounts as shall be specified from time to time by the Company to the transfer agent, bearing the restrictive legend specified in Section 7 of this Agreement prior to registration of the Shares Securities under the Securities Act, registered in the name of the Purchaser or its nominee and in such denominations to be specified by the Purchaser in connection with each Closing. The Company warrants that no instruction other than such instructions referred to in this Section 9 and stop transfer instructions to give effect to Section 7 hereof prior to registration and sale of the Shares Securities under the Securities Act will be given by the Company to the transfer agent and that the securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Registration Rights Agreement, and applicable law. Nothing in this Section 9 shall affect in any way the Purchaser's obligations and agreement to comply with all applicable securities laws upon resale of the SharesSecurities.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Fonix Corp), Common Stock Purchase Agreement (Fonix Corp)

Irrevocable Instructions. The Subject to the provisions of Section 2.5, the Company will irrevocably instruct its transfer agent the Transfer Agent to issue Repriced Shares securities from time to time in such amounts as shall be required hereunder and as specified from time to time by the Company to the transfer agentTransfer Agent, bearing the restrictive legend specified in Section 7 of this Agreement prior to registration of the Shares Securities under the Securities Act, registered in the name of Purchaser or its nominee and in such denominations to be specified by Purchaser in connection with each ClosingClosing hereunder. The Company warrants that no instruction other than such instructions referred to in this Section 9 and stop transfer instructions to give effect to Section 7 hereof prior to registration and sale of the Shares Securities under the Securities Act will be given by the Company to the transfer agent Transfer Agent and that the securities Securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Registration Rights Agreement, Agreement and applicable law. Nothing in this Section 9 shall affect in any way Purchaser's obligations and agreement to comply with all applicable securities laws upon resale of the SharesSecurities.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Econnect)

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Irrevocable Instructions. The Company will irrevocably instruct its transfer agent to issue Repriced Shares from time to time in such amounts as shall be specified from time to time by the Company to the transfer agent, bearing the restrictive legend specified in Section 7 of this Agreement prior to registration of the Shares under the Securities Act, registered in the name of each Purchaser or its nominee and in such denominations to be specified by such Purchaser in connection with each Closing. The Company warrants that no instruction other than such instructions referred to in this Section 9 and stop transfer instructions to give effect to Section 7 hereof prior to registration and sale of the Shares under the Securities Act will be given by the Company to the transfer agent and that the securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Registration Rights Agreement, and applicable law. Nothing in this Section 9 shall affect in any way Purchaser's the Purchasers' obligations and agreement to comply with all applicable securities laws upon resale of the Shares.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Avanir Pharmaceuticals)

Irrevocable Instructions. The Company will irrevocably instruct its transfer agent to issue Repriced Repricing Shares from time to time in such amounts as shall be specified from time to time by the Company to the transfer agent, bearing the restrictive legend specified in Section 7 of this Agreement prior to registration of the Shares under the Securities Act, registered in the name of the Purchaser or its nominee and in such denominations to be specified by the Purchaser in connection with each Closing. The Company warrants that no instruction other than such instructions referred to in this Section 9 and stop transfer instructions to give effect to Section 7 hereof prior to registration and sale of the Shares under the Securities Act will be given by the Company to the transfer agent and that the securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Registration Rights Agreement, and applicable law. Nothing in this Section 9 shall affect in any way the Purchaser's obligations and agreement to comply with all applicable securities laws upon resale of the Shares.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Eurotech LTD)

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