Limitations on Transfer of the Certificate Sample Clauses

Limitations on Transfer of the Certificate. By acceptance of the Certificate, the Certificateholder shall be deemed to acknowledge the restrictions on transfer set forth thereon and, to the fullest extent permitted by applicable law, agree that it shall not offer, sell, pledge or otherwise transfer such Certificate. Any offer, sale, pledge or other transfer in violation of the representations and agreements set forth for such Certificate in this Agreement shall be of no force and effect, shall be void ab initio and shall not operate to transfer any rights to the transferee, notwithstanding any instructions to the contrary to the Certificate Registrar. For the avoidance of doubt, the merger or consolidation of the Certificateholder with or into any other entity, or the sale, conveyance or other transfer of all or substantially all of its assets to any other entity shall not constitute a violation of the above-described restrictions. The Certificate shall contain a legend, substantially similar to the legend provided in Exhibit A, and a statement that transfer of such Certificate is prohibited.
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Related to Limitations on Transfer of the Certificate

  • Restrictions on Transfer (a) The Preferred Stock and the Registrable Securities shall not be sold, pledged, or otherwise transferred, and the Company shall not recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge, or transfer, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. A transferring Holder will cause any proposed purchaser, pledgee, or transferee of the Preferred Stock and the Registrable Securities held by such Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

  • Limitations on Subsequent Registration Rights From and after the date of this Agreement, the Company shall not, without the prior written consent of Holders holding a majority of the Registrable Securities enter into any agreement with any holder or prospective holder of any securities of the Company giving such holder or prospective holder any registration rights the terms of which are pari passu with or senior to the registration rights granted to the Holders hereunder.

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