Common use of Limitations on Resale; Restrictive Legend Clause in Contracts

Limitations on Resale; Restrictive Legend. The Lender acknowledges that he will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the Borrower, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender also acknowledges that an appropriate legend will be placed upon the Note and the Warrants stating that the Securities have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereof.

Limitations on Resale; Restrictive Legend. The Lender undersigned acknowledges that he will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Shares except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the BorrowerCompany, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender undersigned also acknowledges that an appropriate legend will be placed upon each of the Note and certificates representing the Warrants Shares stating that the Securities Shares have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereofof the Shares.

Limitations on Resale; Restrictive Legend. The Lender Investor acknowledges that he he, she, or it will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Shares except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the BorrowerCompany, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender Investor also acknowledges that an appropriate legend will be placed upon each of the Note and certificates representing the Warrants Shares stating that the Securities Shares have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereofof the Shares.

Limitations on Resale; Restrictive Legend. The Lender acknowledges that he it will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the Borrower, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender also acknowledges that an appropriate legend will be placed upon each of the Note and documents or certificates representing the Warrants Securities stating that the Securities they have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereof.

Limitations on Resale; Restrictive Legend. The Lender acknowledges that he it will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Note, the Warrants or the Warrant Shares except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the Borrower, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender also acknowledges that an appropriate legend will be placed upon the Note Notes, the Warrants and the Warrants Warrant Shares stating that the Securities securities have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereof.

Limitations on Resale; Restrictive Legend. The Lender Seller acknowledges that he will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Common Stock Consideration except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the BorrowerBuyer, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender Seller also acknowledges that an appropriate legend will be placed upon each of the Note and certificates representing the Warrants Common Stock Consideration stating that the Securities they have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereofof the shares.

Limitations on Resale; Restrictive Legend. The Lender acknowledges that he it will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Notes except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the Borrower, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender also acknowledges that an appropriate legend will be placed upon the Note and the Warrants Notes stating that the Securities securities have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereof.

Limitations on Resale; Restrictive Legend. The Lender Consultant acknowledges that he it will not sell, assign, hypothecate, ,or otherwise transfer any rights to, to or any interest in, the Securities Shares except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the BorrowerCompany, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender Consultant also acknowledges that an appropriate legend will be placed upon each of the Note and certificates representing the Warrants Shares stating that the Securities securities have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereofof these securities.

Limitations on Resale; Restrictive Legend. The Lender Creditor acknowledges that he it will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Shares except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the BorrowerCompany, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender Creditor also acknowledges that an appropriate legend will be placed upon each of the Note and certificates representing the Warrants Shares stating that the Securities Shares have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereofof the Shares.

Limitations on Resale; Restrictive Legend. The Lender undersigned acknowledges that he or she will not sell, assign, hypothecate, or otherwise transfer any rights to, or any interest in, the Securities Shares except (i) pursuant to an effective registration statement under the Securities Act, or (ii) in any other transaction which, in the opinion of counsel acceptable to the BorrowerCompany, is exempt from registration under the Securities Act, or the rules and regulations of the SEC thereunder. The Lender undersigned also acknowledges that an appropriate legend will be placed upon each of the Note and certificates representing the Warrants Shares stating that the Securities Shares have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability and sale thereofof the Shares.