Common use of Obligations of Selling Holders Clause in Contracts

Obligations of Selling Holders. (a) It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Section 4 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company in writing such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of such securities as shall be required to effect the registration of such Holder's Registrable Securities. (b) The Holders of Registrable Securities included in a registration statement will not (until further notice) effect sales thereof after receipt of telegraphic or written notice from the Company to suspend sales to permit the Company to correct or update a registration statement or prospectus.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Memry Corp), Convertible Subordinated Debenture Purchase Agreement (Memry Corp), Securities Purchase Agreement (Memry Corp)

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Obligations of Selling Holders. (a) It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Section 4 3 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company in writing such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of such securities as shall be required to effect the registration of such Holder's Registrable Securities. (b) The Holders of Registrable Securities included in a the registration statement will not (until further notice) effect sales thereof after receipt of telegraphic or written notice from the Company to suspend sales to permit the Company to correct or update a registration statement or prospectus.

Appears in 2 contracts

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

Obligations of Selling Holders. (a) It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Section 4 3.5 with respect to the Registrable Securities of any selling Holder holder that such Holder holder shall furnish to the Company in writing such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of such securities Securities as shall be required to effect the registration of such Holderholder's Registrable Securities. (b) The Holders holders of Registrable Securities included in a registration statement pursuant to Section 3.1 hereof will not (until further notice) effect sales thereof after receipt of telegraphic or written notice from the Company to suspend sales to permit the Company to correct or update a registration statement or prospectus.

Appears in 1 contract

Samples: Securities Purchase Agreement (Memry Corp)

Obligations of Selling Holders. (a) It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Section 4 1 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company in writing such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of such securities as shall be required to effect the registration of such Holder's Registrable Securities. (b) The Holders of Registrable Securities included in a registration statement will not (until further notice) effect sales thereof after receipt of telegraphic or written notice from the Company to suspend sales to permit the Company to correct or update a registration statement or prospectus.

Appears in 1 contract

Samples: Securities Purchase Agreement (Memry Corp)

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Obligations of Selling Holders. (a) It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Section 4 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company in writing such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of such securities as shall be required to effect the registration of such Holder's Registrable Securities. (b) The Holders of Registrable Securities included in a the registration statement will not (until further notice) effect sales thereof after receipt of telegraphic or written notice from the Company to suspend sales to permit the Company to correct or update a registration statement or prospectus.

Appears in 1 contract

Samples: Securities Purchase Agreement (Memry Corp)

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