Common use of LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES Clause in Contracts

LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder shall be in connection with an underwritten public offering, the Holder shall be deemed to have agreed by acquisition of its Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use its best efforts not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 10 days before or 90 days after the effective date of such registration statement.

Appears in 5 contracts

Samples: Wavo Corp, Wavo Corp, Wavo Corp

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LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder shall be in connection with an underwritten public offering, the Holder participating Holders shall be deemed to have agreed by acquisition of its their Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use its their best efforts not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 10 days before or 90 days after the effective date of such registration statement. In such event, such participating Holders agree, if requested, to sign a customary market stand-off letter with the Company's managing underwriter, and to comply with applicable rules and regulations of the Commission.

Appears in 5 contracts

Samples: Axonyx Inc, Probex Corp, Information Architects Corp

LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder shall be in connection with an underwritten public offering, the Holder shall be deemed to have agreed by acquisition of its Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use its best efforts not to effect any such public sale or distribution of any other equity security of the Company (including any short sale) or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 10 days before or 90 days after the effective date of such registration statement. In such event, the Holder agrees, if requested, to sign a customary market stand-off letter with the Company's managing underwriter, and to comply with applicable rules and regulations of the Commission.

Appears in 3 contracts

Samples: Registration Rights Agreement (Global Technovations Inc), Registration Rights Agreement (Universal Beverages Holdings Corp), Registration Rights Agreement (Global Technovations Inc)

LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder shall be in connection with an underwritten public offering, the Holder shall be deemed to have agreed by acquisition of its Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use its best efforts not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 10 days before or 90 days after the effective date of such registration statement. In such event, Holder agrees, if requested, to sign a customary market stand-off letter with the Company's managing underwriter, and to comply with applicable rules and regulations of the Commission.

Appears in 2 contracts

Samples: Business Separation and Settlement Agreement (Maii Holdings Inc), Business Separation and Settlement Agreement (Maii Holdings Inc)

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LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder under this Agreement shall be in connection with an underwritten public offering, the Holder Seller shall be deemed to have agreed by acquisition of its such Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities Securities, and to use its best Seller’s commercially reasonable efforts not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 10 days before or 90 120 days after the effective date of such registration statement.

Appears in 1 contract

Samples: Registration Rights Agreement (Ssgi, Inc.)

LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder shall be in connection with an underwritten public offering, the Holder shall be deemed to have agreed by acquisition of its Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use its best efforts not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 10 days before or 90 days after the effective date of such registration statement. In such event, the Holder agrees to sign the customary market stand-off letter with the Company's managing underwriter, and to comply with applicable rules and regulations of the Commission.

Appears in 1 contract

Samples: Axs One Inc

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