Common use of Limits on Additional Issuances Clause in Contracts

Limits on Additional Issuances. Without limiting the provisions of Section 5.6, the Company will not, for a period of six months following the Closing Date offer for sale or sell any securities unless, in the opinion of the Company’s counsel, such offer or sale does not jeopardize the availability of exemptions from the registration and qualification requirements under applicable securities laws with respect to the Offering. Except for the issuance of equity awards under the Company’s equity incentive plans, the issuance of Common Stock upon exercise of outstanding options and warrants, the issuance of Common Stock purchase warrants, and the offering contemplated hereby, the Company has not engaged in any offering of equity securities during the six months prior to the date of this Agreement. The foregoing provisions shall not prevent the Company from filing a “shelf” registration statement pursuant to Rule 415 under the Securities Act, but the foregoing provisions shall apply to any sale of securities thereunder.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Mattersight Corp)

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Limits on Additional Issuances. Without limiting the provisions of Section 5.6, the The Company will not, for a period of six (6) months following the Closing Date offer for sale or sell any securities unless, in the opinion of the Company’s counsel, such offer or sale does not jeopardize the availability of exemptions from the registration and qualification requirements under applicable securities laws with respect to the Offeringoffering of the Notes and Note Shares pursuant to this Agreement. Except as disclosed in the Company SEC Documents and for the issuance of equity awards stock options under the Company’s equity incentive stock option plans, the issuance of Common Stock common stock upon exercise of outstanding options and warrants, the issuance of Common Stock common stock purchase warrants, and the offering contemplated hereby, the Company has not engaged in any offering of equity securities during the six (6) months prior to the date of this Agreement. The foregoing provisions shall not prevent the Company from filing a “shelf” registration statement pursuant to Rule 415 under the Securities Act, but the foregoing provisions shall apply (if applicable) to any sale of securities thereunder.

Appears in 1 contract

Samples: Secured Convertible Note Purchase (Acer Therapeutics Inc.)

Limits on Additional Issuances. Without limiting the provisions of Section 5.6, the The Company will not, for a period of six months following the Closing Date Date, offer for sale or sell any securities unless, in the opinion of the Company’s counsel, such offer or sale does not jeopardize the availability of exemptions from the registration and qualification requirements under applicable securities laws with respect to the Offeringsecurities being offered hereby. Except for the issuance of equity awards common stock under the Amended Credit Agreement, stock options under the Company’s equity incentive stock option plans, the issuance of Common Stock common stock upon exercise of outstanding options options, warrants and warrantsconvertible securities, the issuance of Common Stock common stock purchase warrants, and the offering contemplated hereby, the Company has not engaged in any offering of equity securities during the six months prior to the date of this Agreement. The foregoing provisions shall not prevent the Company from filing a “shelf” registration statement pursuant to Rule 415 under the Securities Act, but the foregoing provisions shall apply to any sale of securities thereunder.

Appears in 1 contract

Samples: Exchange Agreement (Flotek Industries Inc/Cn/)

Limits on Additional Issuances. Without limiting the provisions of Section 5.6, the The Company will not, for a period of six months following the Closing Date offer for sale or sell any securities unless, in the opinion of the Company’s counsel, such offer or sale does not jeopardize the availability of exemptions from the registration and qualification requirements under applicable securities laws with respect to the Offering. Except as disclosed in the Company’s SEC Reports and for the issuance of equity awards stock options under the Company’s equity incentive stock option plans, the issuance of Common Stock common stock upon exercise of outstanding options and warrants, the issuance of Common Stock common stock purchase warrants, sales of common stock pursuant to the At The Market Offering Agreement referenced in Section 4.1(k) and the offering contemplated hereby, the Company has not engaged in any offering of equity securities during the six months prior to the date of this Agreement. The foregoing provisions shall not prevent the Company from filing a “shelf” registration statement pursuant to Rule 415 under the Securities Act, but the foregoing provisions shall apply to any sale of securities thereunder.

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (Quantum Fuel Systems Technologies Worldwide, Inc.)

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Limits on Additional Issuances. Without limiting the provisions of Section 5.6, the Company will not, for a period of six months following the Closing Date offer for sale or sell any securities unless, in the opinion of the Company’s counsel, such offer or sale does not jeopardize the availability of exemptions from the registration and qualification requirements under applicable securities laws with respect to the Offering. Except for the issuance of equity awards under the Company’s equity incentive compensation plans, the issuance of Common Stock upon exercise of outstanding options and warrants, the issuance of Common Stock purchase warrants, the issuance of Common Stock as part of acquisitions approved by the board of directors of the Company, and the offering contemplated hereby, the Company has not engaged in any offering of equity securities during the six months prior to the date of this Agreement. The foregoing provisions shall not prevent the Company from filing a “shelf” registration statement pursuant to Rule 415 under the Securities Act, but the foregoing provisions shall apply to any sale of securities thereunder.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Vertex Energy Inc.)

Limits on Additional Issuances. Without limiting the provisions of Section 5.65.5, the Company will not, for a period of six months 90 days following the Closing Date offer for sale or sell any securities unless, in the opinion of the Company’s counsel, such offer or sale does not jeopardize the availability of exemptions from the registration and qualification requirements under applicable securities laws with respect to the Offering. Except as disclosed in the SEC Documents, and except for the issuance of equity awards under the Company’s equity incentive compensation plans, the issuance of Common Stock upon exercise of outstanding options and warrants, the issuance of Common Stock purchase warrants, the issuance of Common Stock as part of acquisitions approved by the board of directors of the Company, and the offering contemplated hereby, the Company has not engaged in any offering of equity securities during the six months prior to the date of this Agreement. The foregoing provisions shall not prevent the Company from filing a “shelf” resale registration statement pursuant to Rule 415 or registration statements under the Securities Act, but the foregoing provisions shall apply to any sale of securities thereunder.

Appears in 1 contract

Samples: Unit Purchase Agreement (Vertex Energy Inc.)

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