Limitation on Resale. Habitat agrees the documents of the sale of the Property to the qualified initial home buyer outlined in SECTION II will include provisions to restrict any subsequent sales during the duration of this Agreement by imposing an agreed upon resale ratio that will ensure that the Property will be affordable to a subsequent home buyer who meets the income limits outlined in SECTION II of this Agreement. Habitat further agrees that if the Property is resold to subsequent h o m e buyers during the twenty (20) year Performance Obligation, that they must meet the requirements as set forth in SECTION II, for the remaining period until May 31, 2044. Habitat shall immediately notify the City that the Property is for re-sale and following the procedures as outline under SECTION II.
Limitation on Resale. Customer agrees that it will not, during the term of this Contract, resell any of the treated water it purchases from the City hereunder to any wholesale or other customer other than retail customers within its service area, without prior written consent by the City.
Limitation on Resale. The shares of IRET Shares being issued in connection with this Merger are being issued pursuant to exemptions from registration under the Securities Act. Because such shares of IRET Shares are issued in a transaction not involving a public offering, such securities are "restricted securities" as that term is defined in Rule 144(a)(3) of the Securities Act. The shares of IRET Shares being issued in connection with the Merger may be resold only as permitted under the Securities Act and the applicable state securities laws pursuant to registration or exemption therefrom.
Limitation on Resale. Before the earlier to occur of (i) October 14, 2000 or (ii) the date one (1) trading day following the trading day the closing sales price for a share of the Company's Common Stock as reported on the Nasdaq National Market equals or exceeds $10.00, the Holder shall not, directly or indirectly, sell, offer to sell, contract to sell (including, without limitation, any short sale), loan, grant any option to purchase or otherwise transfer or dispose of (other than to donees who agree to be similarly bound) any of the Warrant Shares or securities issuable upon exercise of this Warrant held by it any time during such period. In order to enforce the foregoing, the Company may impose stop-transfer instructions with respect the Warrant Shares until the end of such period.
Limitation on Resale. The provisions of the Trading Restriction Agreement limiting the resale of the Shares shall not apply to any transfer permitted pursuant to Section 7.03 hereunder.
Limitation on Resale. The Buyers shall not resell any of their respective Convertible Notes within six months of the Issue Date; provided, however, that the foregoing shall not restrict the any Buyer from (i) pledging or financing its respective Convertible Notes pursuant to customary arrangements used by such Buyer and its respective affiliates and managed accounts, or the foreclosure or settlement of such arrangements or (ii) transferring the Convertible Notes to such Buyer’s respective “affiliates” (as defined in Rule 405 of the 1933 Act); provided further, that Antara Capital LP shall be entitled to resell its Convertible Notes within six months of the Issue Date in a principal amount no greater than $10,000,000.
Limitation on Resale. The undersigned Holders, with the exception of Xxxxxx X. Xxxxx, hereby acknowledge and affirm their agreement, as set forth in the Acquisition Agreement, to refrain from any sale or disposition of any of the Shares prior to January 1, 1999; however, this limitation shall not apply to Xxxxxx X. Xxxxx.
Limitation on Resale. The U-Ship Common Stock is issued to Shareholder pursuant to exemptions from registration under the Act. Because the U-Ship Common Stock shall be issued in a transaction not involving a public offering, such securities are "restricted securities" as that term is defined in paragraph (a)(3) of Rule 144. The U-Ship Common Stock may not be resold except as permitted under the Act and the applicable state securities laws pursuant to registration or exemption therefrom.
Limitation on Resale. Purchaser, on Purchaser’s own behalf and (if applicable) on behalf of others for whom Purchaser is contracting hereunder, agree that Purchaser and, if applicable, such other purchaser, will not offer, sell, pledge or otherwise transfer the Common Shares and Warrants comprising the Units or the Warrant Shares except: (i) to the Corporation; (ii) in compliance with Rule 904 of Regulation S under the U.S. Securities Act and in compliance with applicable local laws and regulations; or (iii) in a transaction, (A) made in compliance with an exemption from registration under the U.S. Securities Act provided by Rule 144 or Rule 144A thereunder, if available, or (B) in a transaction exempt from registration requirements under the U.S. Securities Act and any applicable state securities laws of the United States. Purchaser agrees that, absent compliance with the foregoing, the Corporation shall refuse transfer of the securities. Purchaser and such other purchaser understand that the certificates representing the Common Shares and Warrants comprising the Units and the Warrant Shares will bear a legend to the foregoing effect and that prior to any transfer pursuant to the foregoing, the Corporation may require that the seller furnish the Corporation and the Corporation’s transfer agent with an opinion of counsel of recognized standing, in substance and form satisfactory to the Corporation, that such transfer is exempt from registration under the U.S. Securities Act and any applicable state securities laws and Purchaser understands and acknowledges that the certificates for the Common Shares and Warrants comprising the Units and the Warrant Shares and any certificates issued in replacement thereof or exchange therefor, shall have endorsed thereon a legend reflecting such restrictions on transfer. Purchaser has read and understands the restrictions on resale under U.S. securities laws set forth in Schedule F hereto.
Limitation on Resale. Notwithstanding any other provision of this Section, until the first anniversary of the Effective Time, Great Step shall not sell Syntax-Brillian Common Stock in excess of the volume limitations set forth in Rule 144(e) under the Securities Act.
