Common use of Opinion Delivery Clause in Contracts

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.

Appears in 1 contract

Samples: Equity Purchase Agreement (Comple Tel LLC)

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Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i4.1 (i) or (ii) above), the holder thereof Purchaser shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (in form and substance satisfactory to the Company's reasonable satisfaction) is knowledgeable in securities law matters counsel to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities Purchaser delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel in form and substance satisfactory to the Company's counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above7.1.8. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7.1.7. The cost of obtaining any opinion contemplated by this paragraph 4.2 (excluding fees paid to the Company's Counsel) shall be borne by the holder of the Restricted Securities being transferred.

Appears in 1 contract

Samples: Rights Agreement (TRM Copy Centers Corp)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(iSection 10(a)(i) or (ii) above), upon the request of the Company, the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx LLP or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx LLP or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C aboveSection 10(c). If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.10.

Appears in 1 contract

Samples: Rights Agreement (Aldabra Acquisition CORP)

Opinion Delivery. In connection with the transfer Transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i10(a)(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer Transfer or proposed transferTransfer, together with an opinion of Xxxxxxxx & Xxxxx, Xxxxxx Xxxxx Xxxxxxxx & Xxxxxxx LLP or other counsel which (to the Company's ’s reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer Transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx, Xxxxxx Xxxxx Xxxxxxxx & Xxxxxxx LLP or such other approved counsel that no subsequent transfer Transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer Transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above7. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer Transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.paragraph.

Appears in 1 contract

Samples: Shareholders Agreement (Rue21, Inc.)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(iSection 5.01(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx Shearman & Xxxxx Sterling LLP or other counsel which (that, to the Company's ’s reasonable satisfaction) , is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities 1933 Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx Shearman & Xxxxx Sterling LLP or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities 1933 Act, the Company Company, as Sponsor of the Trust, shall cause the Trust to, promptly upon such contemplated transfer transfer, deliver new certificates for such Restricted Securities which that do not bear the Securities 1933 Act legend set forth below in paragraph 5C aboveSection 5.03. If the Company is not required to cause the Trust to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company and the Trust in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.5.02. Notwithstanding anything to the contrary herein, transfers to or among affiliates of MIMUSA shall not require delivery of the opinion required in this Section 5.02.

Appears in 1 contract

Samples: Private Placement Agreement (Macquarie Infrastructure Management (USA) INC)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other such holder's counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other holder's counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 9C. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.9C.

Appears in 1 contract

Samples: Purchase Agreement (Esquire Communications LTD)

Opinion Delivery. In connection with the permitted transfer of ---------------- any Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) aboveabove or paragraph 7E below), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable reason able satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 7C. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7C.

Appears in 1 contract

Samples: Purchase Agreement (Hines Holdings Inc)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i6.3(a)(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together together, if reasonably requested by the Company, with an opinion of Xxxxxxxx & Xxxxx Xxxxx, Dechert or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx Xxxxx, Dechert or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C aboveSection 6.3(c) below. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.6.3.

Appears in 1 contract

Samples: Recapitalization Agreement (Brickman Group LTD)

Opinion Delivery. In connection with the transfer of any ---------------- Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with with, if reasonably requested by the Company, an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 7C. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7C.

Appears in 1 contract

Samples: Purchase Agreement (L90 Inc)

Opinion Delivery. In connection with the transfer of any ---------------- Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel (which opinion is reasonably acceptable to the Company and its counsel) that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 7C. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7C.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Zytec Corp /Mn/)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx Kirkxxxx & Xxxxx or Xllix xx other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of such Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities to be transferred delivers to the Company an opinion of Xxxxxxxx Kirkxxxx & Xxxxx or Xllix xx such other counsel that no subsequent transfer of such Restricted Securities by any Person (other than an affiliate of the Company) shall require registration under the Securities Act, the Company shall promptly upon such much contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above6E below. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions substantially similar to those contained in this Section 8 paragraph and paragraph 5C.6E below.

Appears in 1 contract

Samples: Purchase Agreement (Computer Motion Inc)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(iSection 13(a)(i) or (ii) above), upon the request of the Company, the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx Kxxxxxxx & Xxxxx Exxxx LLP or other counsel which (to the Company's ’s reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx Kxxxxxxx & Xxxxx Exxxx LLP or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C aboveSection 13(c). If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.13.

Appears in 1 contract

Samples: Investor Rights Agreement (Boise Inc.)

Opinion Delivery. In connection with the permitted transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) aboveabove or paragraph 7E below), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable reason able satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 7C. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7C.

Appears in 1 contract

Samples: Purchase Agreement (Hines Holdings Inc)

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Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i(a)(i) or (iia)(ii) above)) or a transfer to the Company or any Subsidiary, the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx Kirkland & Xxxxx Ellis or other counsel which couxxxx xxich (to xx the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx Kirkland & Xxxxx Ellis or such other counsel that no xxxxxxx thxx xx subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above(e). If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.(e) below.

Appears in 1 contract

Samples: Execution Copy Securities Purchase and Exchange Agreement (Prime Group Realty Trust)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i4.1(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx Xxxxxxx Coie, LLP or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx Xxxxxxx Coie, LLP or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above7.3. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph 4.2 and paragraph 5C.7.3.

Appears in 1 contract

Samples: Purchase Agreement (Cobalt Group Inc)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i) or (ii4A(i) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion (in form and substance satisfactory to the Company) of Xxxxxxxx Kirkxxxx & Xxxxx or Xllix xx other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an such opinion of Xxxxxxxx Kirkxxxx & Xxxxx or Xllix xx such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 7B. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing (in form and substance satisfactory to the Company) its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7B.

Appears in 1 contract

Samples: Purchase Agreement (Digital Entertainment Network Inc)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(iSection 10(a)(i) or (ii) above), upon the request of the Company, the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx LLP or other counsel which (to the Company's ’s reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx LLP or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C aboveSection 10(c). If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.10.

Appears in 1 contract

Samples: Investor Rights Agreement (Aldabra Acquisition CORP)

Opinion Delivery. In connection with the transfer of any Restricted Securities (other than a transfer described in paragraph 8A(i2 or paragraph 7(a)(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's ’s reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above8(a) below. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph 7 and paragraph 5C.8.

Appears in 1 contract

Samples: Shareholders Agreement (Ruths Chris Steak House, Inc.)

Opinion Delivery. In connection with the transfer of any ---------------- Restricted Securities (other than a transfer described in paragraph 8A(i4A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with with, if reasonably requested by the Company, an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. 7C. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 paragraph and paragraph 5C.7C.

Appears in 1 contract

Samples: Purchase Agreement (L90 Inc)

Opinion Delivery. In connection with the transfer of any ---------------- Restricted Securities (other than a transfer described in paragraph 8A(i) or (ii) above), the holder thereof shall deliver written notice to the Company describing in reasonable detail the transfer or proposed transfer, together with an opinion of Xxxxxxxx & Xxxxx or other counsel which (to the Company's reasonable satisfaction) is knowledgeable in securities law matters to the effect that such transfer of Restricted Securities may be effected without registration of such Restricted Securities under the Securities Act. In addition, if the holder of the Restricted Securities delivers to the Company an opinion of Xxxxxxxx & Xxxxx or such other counsel that no subsequent transfer of such Restricted Securities shall require registration under the Securities Act, the Company shall promptly upon such contemplated transfer deliver new certificates for such Restricted Securities which do not bear the Securities Act legend set forth in paragraph 5C above. If the Company is not required to deliver new certificates for such Restricted Securities not bearing such legend, the holder thereof shall not transfer the same until the prospective transferee has confirmed to the Company in writing its agreement to be bound by the conditions contained in this Section 8 and paragraph 5C.

Appears in 1 contract

Samples: Equity Purchase Agreement (Comple Tel LLC)

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