Common use of No Transfer Restrictions Clause in Contracts

No Transfer Restrictions. Certificates evidencing the Securities shall not contain any legend restricting their transferability by the Purchaser. The Company shall cause its counsel to issue a legal opinion to the Company’s Transfer Agent if required by the Transfer Agent to effect a transfer of any of the Securities; such opinion shall be provided by the Company’s counsel at no expense to the Purchaser.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Nanoviricides, Inc.), Securities Purchase Agreement (Nanoviricides, Inc.), Securities Purchase Agreement (Nanoviricides, Inc.)

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No Transfer Restrictions. Certificates evidencing the Securities Shares shall not contain any legend restricting their transferability by the Purchaser. The Company shall cause its counsel to issue a legal opinion to the Company’s Transfer Agent transfer agent if required by the Transfer Agent Company’s transfer agent to effect a transfer of any of the Securities; such opinion shall be provided by the Company’s counsel at no expense to the Purchaser.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Novavax Inc), Securities Purchase Agreement (Novavax Inc), Securities Purchase Agreement (Novavax Inc)

No Transfer Restrictions. Certificates evidencing the Securities Shares, the Warrants and the Warrant Shares shall not contain any legend restricting their transferability by the Purchaser. The Company shall cause its counsel to issue a legal opinion to the Company’s Transfer Agent 's transfer agent if required by the Transfer Agent Company's transfer agent to effect a transfer of any of the Securities; such opinion shall be provided by the Company’s counsel at no expense to the Purchaser.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Emagin Corp), Securities Purchase Agreement (Emagin Corp)

No Transfer Restrictions. Certificates evidencing the Securities Shares shall not contain any legend restricting their transferability by the PurchaserPurchasers. The Company shall cause its counsel to issue a legal opinion to the Company’s Transfer Agent transfer agent if required by the Transfer Agent Company’s transfer agent to effect effectuate a transfer of any of the SecuritiesShares; such opinion shall be provided by the Company’s counsel at no expense to the PurchaserPurchasers.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Stemcells Inc)

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No Transfer Restrictions. If the Shares are issued in certificated form, then (a) Certificates evidencing the Securities Shares shall not contain any legend restricting their transferability by the Purchaser. The Company shall cause its counsel to issue a legal opinion to the Company’s Transfer Agent transfer agent if required by the Transfer Agent Company’s transfer agent to effect a transfer of any of the Securities; such opinion . The Company shall be provided not give any instructions to its transfer agent which would impair the free transferability of the Shares by the Company’s counsel at no expense to the any Purchaser.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wave Systems Corp)

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