Common use of Limits on Sales Clause in Contracts

Limits on Sales. Transgenomic agrees that if it decides to resell some or all of the Shares, it will do so only in an appropriate manner based upon whether the shares are registered or unregistered, i.e., on the Nasdaq National Market or in a Rule 144A compliant transaction. Subject to the foregoing restrictions, Transgenomic may sell or resell the Shares in any lot size, or at any volume, desired by Transgenomic.

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (Geron Corporation), Common Stock Purchase Agreement (Geron Corporation), Common Stock Purchase Agreement (Geron Corp)

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Limits on Sales. Transgenomic agrees that if it decides to resell some or all of the Shares, it will do so only in an appropriate manner based upon whether the shares are registered or unregistered, i.e., i.e. on the Nasdaq National Market or in a Rule 144A compliant transaction. Subject to the foregoing restrictions, Transgenomic may sell or resell the Shares in any lot size, or at any volume, desired by Transgenomic.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Geron Corporation)

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Limits on Sales. Transgenomic agrees that if it decides to resell some or all of the Shares, it will do so only in an appropriate manner based upon whether the shares are registered or unregistered, i.e., ie. on the Nasdaq National Market or in a Rule 144A compliant transaction. Subject to the foregoing restrictions, Transgenomic may sell or resell the Shares in any lot size, or at any volume, desired by Transgenomic.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Geron Corporation)

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