Common use of No Other Legend or Stock Transfer Restrictions Clause in Contracts

No Other Legend or Stock Transfer Restrictions. No legend other than the one specified in Section 9.1 has been or shall be placed on the share certificates representing the Registrable Securities and no instructions or "stop transfer orders," "stock transfer restrictions," or other restrictions have been or shall be given to the Company's transfer agent with respect thereto other than as expressly set forth in this Article IX. After the Effective Date applicable to the Registrable Securities, upon request of the Investor the Company will substitute certificates without restrictive legends for certificates for any Conversion Shares or Warrant Shares issued prior to such Effective Date which bear restrictive legends and remove any stop-transfer restriction relating thereto promptly, but in no event later than five (5) Trading Days after request for removal.

Appears in 1 contract

Samples: 8% Series B Unsecured Convertible Debenture and Warrants Purchase Agreement (Airtrax Inc)

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No Other Legend or Stock Transfer Restrictions. No legend other than the one specified in Section 9.1 has been or shall be placed on the share certificates representing the Registrable Securities and no instructions or "stop transfer orders," "stock transfer restrictions," or other restrictions have been or shall be given to the Company's transfer agent with respect thereto other than as expressly set forth in this Article IX. After the Effective Date applicable to the Registrable a particular group of Securities, upon request of the Investor the Company will substitute certificates without restrictive legends legend for certificates for any Conversion Common Shares, Repricing Shares or Warrant Shares issued prior to such Effective Date which bear restrictive legends and remove any stop-transfer restriction relating thereto promptly, but in no event later than five (5) Trading Days three trading days after request for removal.

Appears in 1 contract

Samples: Securities Purchase Agreement (Interactive Telesis Inc)

No Other Legend or Stock Transfer Restrictions. No legend other than the one specified in Section 9.1 and the legend related to the Company's Rights Plan has been or shall be placed on the share certificates representing the Registrable Securities and no instructions or "stop transfer orders," "stock transfer restrictions," or other restrictions have been or shall be given to the Company's transfer agent with respect thereto other than as expressly set forth in this Article IX. After the Effective Date applicable to the a particular group of Registrable Securities, upon request of the Investor the Company will substitute certificates without restrictive legends for certificates for any Conversion Shares or Warrant Shares issued prior to such Effective Date which bear restrictive legends and remove any stop-transfer restriction relating thereto promptly, but in no event later than five (5) Trading Days after request for removal.

Appears in 1 contract

Samples: Subordinated Secured Convertible Debentures and Warrants Purchase Agreement (Datatec Systems Inc)

No Other Legend or Stock Transfer Restrictions. No legend other than the one specified in Section 9.1 has been or shall be placed on the share certificates representing the Registrable Securities and no instructions or "stop transfer orders," "stock transfer restrictions," or other restrictions have been or shall be given to the Company's transfer agent with respect thereto other than as expressly set forth in this Article IX. After the Effective Date applicable to the Registrable SecuritiesDate, upon request of the Investor the Company will substitute certificates without restrictive legends legend for certificates for any Conversion Common Shares, Repricing Shares or Warrant Shares issued prior to such the Effective Date which bear restrictive legends and remove any stop-transfer restriction relating thereto promptly, but in no event later than five (5) Trading Days three trading days after request for removal.

Appears in 1 contract

Samples: Securities Purchase Agreement (Interactive Telesis Inc)

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No Other Legend or Stock Transfer Restrictions. No legend other than the one specified in Section 9.1 8.1 has been or shall be placed on the share certificates representing the Registrable Securities and no instructions or "stop transfer orders," "stock transfer restrictions," or other restrictions have been or shall be given to the Company's transfer agent with respect thereto other than as expressly set forth in this Article IX. After the Effective Date applicable to the Registrable Securities, upon request of the Investor the Company will substitute certificates without restrictive legends for certificates for any Conversion Shares or Warrant Shares issued prior to such Effective Date which bear restrictive legends and remove any stop-transfer restriction relating thereto promptly, but in no event later than five (5) Trading Days after request for removal.

Appears in 1 contract

Samples: 8% Series C Unsecured Convertible Debenture and Warrants Purchase Agreement (Airtrax Inc)

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