Common use of Legends and Stop Transfer Orders Clause in Contracts

Legends and Stop Transfer Orders. (a) Each of the Holders hereby agrees that all certificates representing Acquired Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated [ ], 200[ ], between Motient Corporation and the Holders named therein, a copy of which is on file at the office of the corporate secretary of the Holders.” (b) Each of the Holders hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders (or its permitted transferees under Section 5.1(c) or (f) hereof). (c) Motient agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Bce Inc), Registration Rights Agreement (Motient Corp)

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Legends and Stop Transfer Orders. (a) Each of the Holders hereby agrees that all certificates representing Acquired BCE Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated [ ], 200[ ]200o, between Motient Corporation and the Holders named therein, a copy of which is on file at the office of the corporate secretary of the Holders.” (b) Each of the Holders hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired BCE Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders (or its permitted transferees under Section 5.1(c) or (f) hereof). (c) Motient agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Motient Corp)

Legends and Stop Transfer Orders. (a) Each of the Holders The Holder hereby agrees that all certificates representing Acquired Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated [ ]December 14, 200[ ]2007, by and between Motient Corporation the Holder (as defined therein) and the Holders named thereinSkyTerra Communications, Inc., a copy of which is on file at with the Holder or the office of the corporate secretary of the Holdersthereof.” (b) Each of the Holders The Holder hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders Holder (or its permitted transferees under Section 5.1(c) or (f) 5.1 hereof). (c) Motient SkyTerra agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Skyterra Communications Inc)

Legends and Stop Transfer Orders. (a) Each of the Holders hereby agrees that all certificates representing Acquired Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated [ ]May 6, 200[ ]2006, between Motient Corporation and the Holders named therein, a copy of which is on file at the office of the corporate secretary of the Holders.” (b) Each of the Holders hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders (or its permitted transferees under Section 5.1(c) ), (f), or (fh) hereof). (c) Motient agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Motient Corp)

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Legends and Stop Transfer Orders. (a) Each of the Holders The Holder hereby agrees that all certificates representing Acquired Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated [ ]Janaury 5, 200[ ]2007 by and among the Holder (as defined therein) and SkyTerra Communications, between Motient Corporation and the Holders named thereinInc., a copy of which is on file at with the Holder or the office of the corporate secretary of the Holdersthereof.” (b) Each of the Holders The Holder hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders Holder (or its their permitted transferees under Section 5.1(c) or (f5.1(f) hereof). (c) Motient SkyTerra agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Skyterra Communications Inc)

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