Refusal to Register. If Stockholder or any Transferee requests the registration of transfer of any of the Shares, and the Company is not able to determine to its satisfaction that such transfer is a Permitted Transfer, the Company may refuse to register such transfer until the Company has received such assurances as it may require that such transfer is a Permitted Transfer. If no such assurances are forthcoming within a reasonable time, the terms of Section 5.3 of this Agreement shall be applicable. Stockholder (and each of his/her Transferees) hereby agrees to indemnify and save harmless the Company and its directors, officers, employees or agents from any claims or demands against the Company or its directors, officers, employees or agents arising out of, or in connection with, the refusal of the Company to register a transfer of the Shares. Stockholder (and each of his/her Transferees) further agrees that the Company shall not be responsible to any heirs, legatees, beneficiaries, partners, representatives or assigns for any loss, damage or expense suffered as the result of any action taken by the Company pursuant to the provisions of this Agreement.
Refusal to Register. The Subscriber understands that the Issuer is required, under Rule 903 of Regulation S, to refuse to register the transfer of any of the Securities to be received by the Subscriber pursuant to this Agreement that are not transferred pursuant to a registration statement under the 1933 Act, in compliance with Regulation S, or otherwise pursuant to an available exemption from registration;
Refusal to Register. (a) The Company may refuse to register the issue or transfer of any Shares if clauses 3.4 or 3.5 has not been complied with.
Refusal to Register. (a) Subject to the requirements imposed by applicable laws, the Directors may not register any transfer of Shares which does not comply with Section 3, Section 4 or Section 8. Any Disposal made in breach of this Section 3.3(a) shall be invalid.
Refusal to Register. (a) The Shareholders shall, to the extent permissible under applicable laws, procure that on the date of a Disposal under this Section 4, a Board meeting be held to approve the Disposal and to register the transfer of the Disposal Shares into the register of members of the Company.
Refusal to Register. The Company must refuse to register the transfer of any Membership Interests that does not comply with Article X.
Refusal to Register. The Company shall not be required (a) to transfer on its books any Options Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (b) to treat as owner of such Option Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such shares shall have been so transferred.
Refusal to Register. (a) The Issuer may only refuse to register a transfer of any Notes if such registration would contravene or is forbidden by Applicable Regulation or the Terms.
Refusal to Register. (a) The Company must refuse to register the Disposal of any Shares in respect of which this clause 15 has not been complied with.
