Common use of No Sale or Transfer Clause in Contracts

No Sale or Transfer. This Note may not be sold, transferred, assigned, hypothecated or divided into two or more Notes of smaller denominations except to the extent such sale, transfer, assignment, hypothecation or division is in compliance with federal and applicable state securities laws, the compliance with which must be established to the reasonable satisfaction of the Company.

Appears in 14 contracts

Samples: Unsecured Promissory Note (Vitro Biopharma, Inc.), 3% Secured Convertible Promissory Note (MAGELLAN GOLD Corp), Convertible Promissory Note (MAGELLAN GOLD Corp)

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No Sale or Transfer. This Convertible Note may not be sold, transferred, assigned, hypothecated or divided into two or more Convertible Notes of smaller denominations except to the extent such sale, transfer, assignment, hypothecation or division is in compliance with federal and applicable state securities laws, the compliance with which must be established to the reasonable satisfaction of the Company.

Appears in 1 contract

Samples: Convertible Promissory Note (Omni Bio Pharmaceutical, Inc.)

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