Common use of No Registration Under the Securities Act Clause in Contracts

No Registration Under the Securities Act. The Warrant has not been registered under the Securities Act. When exercised, the stock certificates shall bear the following legend unless two years have elapsed since the date of issuance of this Warrant and the shares of Common Stock are issued in a cashless exercise pursuant to Section 2 hereof. "The securities represented by this certificate have not been registered under the Securities Act of 1933 (the "Securities Act"), and may not be offered for sale or sold except pursuant to (i) an effective registration statement under the Securities Act, or (ii) an opinion of counsel, if such opinion and counsel shall be reasonably satisfactory to counsel to the issuer, that an exemption from registration under the Securities Act is available".

Appears in 3 contracts

Samples: Warrant Agreement (Ultrastrip Systems Inc), Warrant Agreement (Ecosphere Technologies Inc), Warrant Agreement (Ultrastrip Systems Inc)

AutoNDA by SimpleDocs

No Registration Under the Securities Act. The Warrant has not been registered under the Securities Act. When exercised, the stock certificates shall bear the following legend unless two years have elapsed since the date of issuance of this Warrant and the shares of Common Stock are issued in a cashless exercise pursuant to Section 2 hereof. "The securities represented by this certificate certifi­cate have not been registered under the Securities Act of 1933 (the "Securities Act"), and may not be offered for sale or sold except pursuant to (i) an effective registration statement under the Securities Act, or (ii) an opinion of counsel, if such opinion and counsel shall be reasonably satisfactory satis­factory to counsel to the issuer, that an exemption from registration under the Securities Act is available".

Appears in 1 contract

Samples: Warrant Agreement (Meadow Valley Corp)

No Registration Under the Securities Act. The Warrant has and shares of Common Stock issuable upon exercise of the Warrant have not been registered under the Securities Act. When exercised, the stock certificates shall bear the following legend unless two years have elapsed since the date of issuance of this Warrant and the shares of Common Stock are issued in a cashless exercise pursuant to Section 2 hereof. "The securities represented by this certificate have not been registered under the Securities Act of 1933 (the "Securities Act"), and may not be offered for sale or sold except pursuant to (i) an effective registration statement under the Securities Act, or (ii) an opinion of counsel, if such opinion and counsel shall be reasonably satisfactory to counsel to the issuer, that an exemption from registration under the Securities Act is available".

Appears in 1 contract

Samples: Warrant Agreement (Cell Power Technologies Inc)

No Registration Under the Securities Act. The Warrant has not been registered under the Securities Act. When exercised, the stock certificates shall bear the following legend unless two years have one year has elapsed since the date of issuance of this Warrant and the shares of Common Stock are issued in a cashless exercise pursuant to Section 2 hereof. "The securities represented by this certificate have not been registered under the Securities Act of 1933 (the "Securities Act"), and may not be offered for sale or sold except pursuant to (i) an effective registration statement under the Securities Act, or (ii) an opinion of counsel, if such opinion and counsel shall be reasonably satisfactory to counsel to the issuer, that an exemption from registration under the Securities Act is available".

Appears in 1 contract

Samples: Warrant Agreement (Bazi International, Inc.)

AutoNDA by SimpleDocs

No Registration Under the Securities Act. The Warrant has not been registered under the Securities Act. When exercised, the stock certificates shall bear the following legend unless two years have one year has elapsed since the date of issuance of this Warrant and the shares of Common Stock are issued in a cashless exercise pursuant to Section 2 hereof. "The securities represented by this certificate certifi­cate have not been registered under the Securities Act of 1933 (the "Securities Act"), and may not be offered for sale or sold except pursuant to (i) an effective registration statement under the Securities Act, or (ii) an opinion of counsel, if such opinion and counsel shall be reasonably satisfactory satis­factory to counsel to the issuer, that an exemption from registration under the Securities Act is available".

Appears in 1 contract

Samples: Warrant Agreement (Bazi International, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!