Common use of Legends; Stop Transfer Orders Clause in Contracts

Legends; Stop Transfer Orders. (a) The certificates for Shares will bear legends in substantially the following form: THE SHARES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE AND, ACCORDINGLY, MAY BE OFFERED, SOLD, TRANSFERRED OR PLEDGED ONLY IN A TRANSACTION WHICH IS REGISTERED UNDER SUCH ACT AND UNDER SUCH LAWS OR IS EXEMPTED FROM SUCH REGISTRATION REQUIREMENTS. (b) The certificates for Shares may also bear any legend required by any applicable state blue sky law. (c) Any certificates for Shares will also bear a legend relating to restrictions on transfer imposed pursuant to the percentage ownership limitation contained in the Charter Documents. (d) Seller may impose appropriate stop-transfer instructions relating to the restrictions set forth herein.

Appears in 2 contracts

Samples: Common Share Purchase Agreement (Morgan Stanley Dean Witter Discover & Co), Common Share Purchase Agreement (American Industrial Properties Reit Inc)

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Legends; Stop Transfer Orders. (a) The All certificates for the Shares will may bear legends in substantially the following form: "THE SHARES SECURITIES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE AND, ACCORDINGLY, MAY BE OFFERED, SOLD, TRANSFERRED OR PLEDGED ONLY IN A TRANSACTION WHICH IS REGISTERED UNDER SUCH ACT AND UNDER SUCH LAWS OR IS EXEMPTED EXEMPT FROM SUCH REGISTRATION REQUIREMENTSREQUIREMENT." (b) The certificates for Shares may also bear any legend required by any applicable state blue sky law. (c) Any The certificates for the Shares will also bear a legend relating to restrictions on transfer imposed pursuant to the percentage ownership limitation contained in the Charter Documents. (d) Seller may impose appropriate stop-transfer instructions relating to the restrictions set forth herein.

Appears in 2 contracts

Samples: Share Purchase Agreement (Usaa Real Estate Co), Share Purchase Agreement (American Industrial Properties Reit Inc)

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Legends; Stop Transfer Orders. (a) The certificates certificate for Shares will bear legends a legend in substantially the following form: THE SHARES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE AND, ACCORDINGLY, MAY BE OFFERED, SOLD, TRANSFERRED OR PLEDGED ONLY IN A TRANSACTION WHICH IS REGISTERED UNDER SUCH ACT AND UNDER SUCH LAWS OR IS EXEMPTED FROM SUCH REGISTRATION REQUIREMENTS.UNDER (b) The certificates for Shares may also bear any legend required by any applicable state blue sky law. (c) Any certificates for Shares will also bear a legend relating to restrictions on transfer imposed pursuant to the percentage ownership limitation contained in the Charter DocumentsDocuments and described in Section 2.3(b). (d) Seller may impose appropriate stop-transfer instructions relating to the restrictions set forth herein.

Appears in 1 contract

Samples: Common Share Purchase Agreement (American Industrial Properties Reit Inc)

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