No Registration Obligation Sample Clauses

No Registration Obligation. The Recipient understands that the Option is not registered under the Securities Act of 1933, as amended (the "Securities Act") and the Corporation has no obligation to register under the Securities Act the Option or any of the shares of Common Stock subject to and issuable upon the exercise of the Option. The Recipient represents that the Option is being acquired by him for investment and acknowledges that all certificates for the shares issued upon exercise of the Option will bear the following legend unless such shares are registered under the Securities Act prior to their issuance: The shares of Common Stock evidenced by this certificate have been issued to the registered owner in reliance upon written representations that these shares have been purchased solely for investment. These shares may not be sold, transferred or assigned unless in the opinion of the Corporation and its legal counsel such sales, transfer or assignment will not be in violation of the Securities Act of 1933, as amended, and the rules and regulations thereunder. The Recipient further understands and agrees that the Option may be exercised only if at the time of such exercise the Recipient and the Corporation are able to establish the existence of an exemption from registration under the Securities Act and applicable state laws.
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No Registration Obligation. The Company will be under no obligation to register the Securities or to comply with any exemption available for sale of the Securities by the Employee without registration, and the Company is under no obligation to act in any manner so as to make Rule 144 promulgated under the Securities Act of 1933 available with respect to any sale of the Securities by the Employee.
No Registration Obligation. Neither Seller nor any of its Subsidiaries has any obligation, contingent or otherwise, to register any of its securities under the Securities Act, the Exchange Act or any other federal or state securities laws or regulations.
No Registration Obligation. Recipient understands that the Option is not registered under the 1933 Act and, unless by separate written agreement, Cresco has no obligation to so register the Option or any of the Common Shares subject to and issuable upon the exercise of the Option, although it may from time to time register under the 1933 Act the shares issuable upon exercise of Options granted pursuant to the Plan. Recipient represents that the Option is being acquired for Recipient’s own account and that unless registered by Cresco, the issued Common Shares on exercise of the Option will be acquired by Recipient solely for investment purposes. Recipient understands that the Option is, and the underlying securities may be, issued to Recipient in reliance upon exemptions from the 1933 Act, and acknowledges and agrees that all certificates for the shares issued upon exercise of the Option may bear substantially the following legend unless such shares are registered under the 1933 Act prior to their issuance: THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “1933 ACT”) AND ARE “RESTRICTED SECURITIES” AS THAT TERM IS DEFINED IN RULE 144 UNDER THE 1933 ACT. THE SHARES MAY NOT BE OFFERED FOR SALE, SOLD OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE 1933 ACT, THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE SATISFACTION OF THE COMPANY. Recipient further understands and agrees that the Option may be exercised only if at the time of such exercise the underlying shares are registered, and/or Recipient and Cresco are able to establish the existence of an exemption from registration under the 1933 Act and applicable state or other laws.
No Registration Obligation. Neither PSC nor any of its Subsidiaries has any obligation, contingent or otherwise, to register any of its securities under the Securities Act, the Exchange Act or any other federal or state securities laws or regulations.
No Registration Obligation. The Purchaser acknowledges and understands that the Company has no obligation to register the Shares under federal or state securities laws at any time, and there is no obligation on the part of the Company or any holder of Shares or any other person to repurchase or purchase the Shares from such Purchaser or its Affiliates.
No Registration Obligation. Notwithstanding anything to the contrary herein, the Company shall not be obligated to effect, or to take any action to effect, any registration pursuant to this Section 9.1:
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No Registration Obligation. Neither Tammcorp nor any of its Subsidiaries has any obligation, contingent or otherwise, to register any of its securities under the Securities Act, the Exchange Act or any other federal or state securities laws or regulations.
No Registration Obligation. Warrantholder understands and acknowledges that neither this Warrant nor any of the shares issuable upon exercise of this Warrant have been registered under the Securities Act or any state securities law and that the Company has no obligation to effect any such registration.
No Registration Obligation. The Optionee understands that neither the Option is not registered under the Securities Act of 1933, as amended (the "Act") and that the Corporation has no obligation to register the shares of Common Stock subject thereto and issuable upon the exercise thereof under the Act. The Optionee represents that the Option is being acquired by him and that such shares of Common Stock will be acquired by him for investment and all certificates for the shares issued upon exercise of the Option will bear the following legend unless such shares are registered under the Act prior to their issuance. The shares represented by this Certificate have not been registered under the Securities Act of 1933 (the "Act"), and are "restricted securities" as that term is defined in Rule 144 under the Act. The shares may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the Act, the availability of which is to be established to the satisfaction of the Company. The Optionee further understands and agrees that the Option may only be exercised if, at the time of such exercise, the Optionee and the Corporation are able to establish the existence of an exemption from registration under the Act and applicable state laws, and both the Optionee and the Corporation agree to use their best efforts to attempt to establish such exemption.
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