Common use of No Law Prohibiting or Restricting Sale Clause in Contracts

No Law Prohibiting or Restricting Sale. There shall not be in effect any law, rule or regulation prohibiting or restricting such sale, or requiring any consent or approval of any person which shall not have been obtained to issue the Securities (except as otherwise referenced in this Agreement).

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (LJL Biosystems Inc), Common Stock Purchase Agreement (Bay City Capital Management LLC), Common Stock and Warrant Purchase Agreement (Connetics Corp)

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No Law Prohibiting or Restricting Sale. There shall not be in effect any law, rule or regulation prohibiting or restricting such sale, or requiring any consent or approval of any person to issue the Securities which shall not have been obtained to issue the Securities (except as otherwise referenced in this Agreement).

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Persistence Software Inc), Common Stock Purchase Agreement (Persistence Software Inc)

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No Law Prohibiting or Restricting Sale. There shall not be in effect -------------------------------------- any law, rule or regulation prohibiting or restricting such sale, or requiring any consent or approval of any person which shall not have been obtained to issue the Securities (except as otherwise referenced in this Agreement).

Appears in 1 contract

Samples: Securities Purchase Agreement (Cell Therapeutics Inc)

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