Common use of Limitation on Company Liability Clause in Contracts

Limitation on Company Liability. The Company shall have no obligation to make any cash settlement or payment to any Holder, or to issue any additional Shares or other securities to any Holder, in the event that the Company is unable to effect or maintain in effect the registration of any Registrable Securities under the Act or any state securities law despite the Company’s commercially reasonable efforts so to do.

Appears in 4 contracts

Samples: Registration Rights Agreement (AgeX Therapeutics, Inc.), Registration Rights Agreement (OncoCyte Corp), Registration Rights Agreement (OncoCyte Corp)

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Limitation on Company Liability. The Company shall have no obligation to make any cash settlement or payment to any Holder, or to issue any additional Shares Registrable Securities or other securities to any Holder, in the event that the Company is unable to effect or maintain in effect the registration of any Registrable Securities under the Act or any state securities law despite the Company’s commercially reasonable efforts so to do.

Appears in 2 contracts

Samples: Registration Rights Agreement (AgeX Therapeutics, Inc.), Registration Rights Agreement (AgeX Therapeutics, Inc.)

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Limitation on Company Liability. The Company shall have no obligation to make any cash settlement or payment to any Holder, or to issue any additional Shares Shares, Warrants, or other securities to any Holder, in the event that the Company is unable to effect or maintain in effect the registration of any Registrable Securities under the Act or any state securities law despite the Company’s commercially reasonable efforts so to do.

Appears in 1 contract

Samples: Registration Rights Agreement (Biotime Inc)

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