Common use of Qualification for Sale Clause in Contracts

Qualification for Sale. In connection with a Piggyback Registration, the Company shall use its reasonable best efforts to cause the Registrable Securities so registered to be registered or qualified for sale under the securities or blue sky laws of such jurisdictions as Optionee may reasonably request; PROVIDED, HOWEVER, that the Company shall not be required to qualify to do business in any state by reason of this SECTION 4.4 in which it is not otherwise required to qualify to do business.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Usa Broadband Inc), Asset Purchase Agreement (Las Americas Broadband Inc)

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Qualification for Sale. In connection with a Piggyback Registration, the Company shall use its reasonable best efforts to cause the Registrable Securities so registered to be registered or qualified for sale under the securities or blue sky laws of such jurisdictions as Optionee Executive may reasonably request; PROVIDED, HOWEVERhowever, that the Company shall not be required to qualify to do business in any state by reason of this SECTION 4.4 in which it is not otherwise required to qualify to do business.

Appears in 2 contracts

Samples: Stock Option Agreement (Xechem International Inc), Stock Option Agreement (Xechem International Inc)

Qualification for Sale. In connection with a Piggyback Registration, the Company shall use its reasonable best efforts to cause the Registrable Securities so registered to be registered or qualified for sale under the securities or blue sky laws of such jurisdictions as Optionee Executive may reasonably request; PROVIDED, HOWEVER, that the Company shall not be required to qualify to do business in any state by reason of this SECTION 4.4 in which it is not otherwise required to qualify to do business.

Appears in 2 contracts

Samples: Form of Stock Option Agreement (Usa Broadband Inc), Stock Option Agreement (Usa Broadband Inc)

Qualification for Sale. In connection with a Piggyback Registration, the Company shall use its reasonable best efforts to cause the Registrable Securities Shares so registered to be registered or qualified for sale under the securities or blue sky laws of such jurisdictions as Optionee the Holder may reasonably request; PROVIDEDprovided, HOWEVERhowever, that the Company shall not be required to qualify to do business in any state by reason of this SECTION 4.4 Section 7(e) in which it is not otherwise required to qualify to do business.

Appears in 1 contract

Samples: Universal Access Global Holdings Inc

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Qualification for Sale. In connection with a Piggyback Registration, the Company shall use its reasonable best efforts to cause the Registrable Securities Shares so registered to be registered or qualified for sale under the securities or blue sky laws of such jurisdictions as Optionee Investors may reasonably request; PROVIDED, HOWEVER, that the Company shall not be required to qualify to do business in any state by reason of this SECTION 4.4 1(D) in which it is not otherwise required to qualify to do business.

Appears in 1 contract

Samples: Registration Rights Agreement (Xechem International Inc)

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