Common use of Registerable Securities Clause in Contracts

Registerable Securities. The term "Registerable Securities" shall mean any of the Shares, including any shares of Common Stock or other securities received in connection with any stock split, stock divided, merger, reorganization, recapitalization, reclassification or other distribution payable or issuable upon shares of Common Stock. For the purposes of this Agreement, securities will cease to be Registerable Securities when (A) a registration statement under the Securities Act covering such Registerable Securities has been declared effective and such Registerable Securities have been disposed of pursuant to such effective registration statement, (B) such Registerable Securities are distributed to the public pursuant to the Securities Act or pursuant to an exemption from the registration requirements of the Securities Act, including, but not limited to, Rules 144 and 144A promulgated under the Securities Act, or (C) such Registerable Securities have been otherwise transferred and the Company, in accordance with applicable law and regulations, has delivered new certificates or other evidences of ownership for such securities which are not subject to any stop transfer order or other restriction on transfer.

Appears in 2 contracts

Samples: Subscription Agreement (Software Publishing Corp Holdings Inc), Subscription Agreement (Software Publishing Corp Holdings Inc)

AutoNDA by SimpleDocs

Registerable Securities. The term "Registerable Securities" shall mean any of the Shares and Warrant Shares, including any shares of Common Stock or other securities received in connection with any stock split, stock divideddividend, merger, reorganization, recapitalization, reclassification or other distribution payable or issuable upon shares of Common Stock. For the purposes of this Agreement, securities will cease to be Registerable Securities when (A) a registration statement under the Securities Act covering such Registerable Securities has been declared effective and such Registerable Securities have been disposed of pursuant to such effective registration statement, (B) such Registerable Securities are distributed to the public pursuant to the Securities Act or pursuant to an exemption from the registration requirements of the Securities Act, including, but not limited to, Rules 144 and 144A promulgated under the Securities Act, or (C) such Registerable Securities have been otherwise transferred and the Company, in accordance with applicable law and regulations, has delivered new certificates or other evidences of ownership for such securities which are not subject to any stop transfer order or other restriction on transfer.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eacceleration Corp)

Registerable Securities. The term "β€œRegisterable Securities" ” shall mean any of the Shares, including Shares and any shares of Common Stock or other securities received in connection with any stock split, stock divideddividend, merger, reorganization, recapitalization, reclassification or other distribution payable or issuable upon shares of Common Stock. For the Shares; provided, however, that, for the purposes of this Subscription Agreement, the Shares and/or such other securities will cease to be Registerable Securities when (A) a registration statement under the Securities Act covering such Registerable Securities has been declared effective and such Registerable Securities have been disposed of pursuant to such effective registration statement, (B) such Registerable Securities are distributed to the public pursuant to the Securities Act or pursuant to an exemption from the registration requirements of the Securities Act, including, but not limited to, Rules 144 and 144A promulgated under the Securities Act, or (C) such Registerable Securities have been otherwise transferred and the Company, in accordance with applicable law and regulations, has delivered new certificates or other evidences of ownership for such securities which are not subject to any stop transfer order or other restriction on transfer.;

Appears in 1 contract

Samples: Afp Imaging Corp

AutoNDA by SimpleDocs

Registerable Securities. The term "Registerable Securities" shall mean any of the Shares, including Shares and any shares of Common Stock or other securities received in connection with any stock split, stock divided, merger, reorganization, recapitalization, reclassification or other distribution payable or issuable upon shares of Common Stock. For the Shares; provided, however, that, for the purposes of this Subscription Agreement, the Shares and/or such other securities will cease to be Registerable Securities when (A) a registration statement under the Securities Act covering such Registerable Securities has been declared effective and such Registerable Securities have been disposed of pursuant to such effective registration statement, (B) such Registerable Securities are distributed to the public pursuant to the Securities Act or pursuant to an exemption from the registration requirements of the Securities Act, including, but not limited to, Rules 144 and 144A promulgated under the Securities Act, or (C) such Registerable Securities have been otherwise transferred and the Company, in accordance with applicable law and regulations, has delivered new certificates or other evidences of ownership for such securities which are not subject to any stop transfer order or other restriction on transfer.;

Appears in 1 contract

Samples: Afp Imaging Corp

Time is Money Join Law Insider Premium to draft better contracts faster.