Opinion Necessary. Buyer acknowledges that if any transfer of the Stock is proposed to be made in reliance upon an exemption under the Act, the Company may require an opinion of counsel satisfactory to the Company that such transfer may be made pursuant to an applicable exemption under the Act. Buyer acknowledges that a restrictive legend appears on the Stock and must remain on the Stock until such time as it may be removed under the Act.
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Samples: Common Stock Purchase Agreement, Common Stock Purchase Agreement (Portage Resources Inc.), Common Stock Purchase Agreement (Megas Inc)
Opinion Necessary. Buyer acknowledges that if any transfer of the Stock is proposed to be made in reliance upon an exemption under the Act, the Company may require be required to obtain an opinion of counsel satisfactory to the Company that such transfer may be made pursuant to an applicable exemption under the Act. Buyer acknowledges that a restrictive legend appears on the Stock and must remain on the Stock until such time as it may be removed under the Act.
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Samples: Common Stock Purchase Agreement (Lightlake Therapeutics Inc.), Common Stock Purchase Agreement (Lightlake Therapeutics Inc.)
Opinion Necessary. Buyer acknowledges that if any transfer of the Stock is proposed to be made in reliance upon an exemption under the Securities Act of 1933 ("Act"), the Company may require an opinion of counsel satisfactory to the Company that such transfer may be made pursuant to an applicable exemption under the Act. Buyer acknowledges that a restrictive legend appears on the Stock and must remain on the Stock until such time as it may be removed under the Act.
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Samples: Preferred Stock Purchase Agreement (Swap-a-Debt, Inc.)
Opinion Necessary. The Buyer acknowledges that if any transfer of the Stock for Sale is proposed to be made in reliance upon an exemption under the Act, the Company may require an opinion of counsel satisfactory to the Company that such transfer may be made pursuant to an applicable exemption under the Act. The Buyer acknowledges that a restrictive legend appears on the Stock for Sale and must remain on the Stock for Sale until such time as it may be removed under the Act.
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Samples: Common Stock Purchase Agreement (China Valves Technology, Inc)
Opinion Necessary. Buyer Holder acknowledges that if any transfer of the Stock is proposed to be made in reliance upon an exemption under the Act, the Company may require an opinion of counsel satisfactory to the Company that such transfer may be made pursuant to an applicable exemption under the Act. Buyer Holder acknowledges that a restrictive legend appears on the Stock and must remain on the Stock until such time as it may be removed under the Act.
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Opinion Necessary. Buyer Holder acknowledges that if any transfer of the Stock is proposed to be made in reliance upon an exemption under the Act, . the Company may require an opinion of counsel satisfactory to the Company that such transfer may be made pursuant to an applicable exemption under the Act. Buyer : Holder acknowledges that a restrictive legend appears on the Stock and must remain on the Stock until such time as it may be removed under the Act.
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