Common use of Reissuance of Securities Clause in Contracts

Reissuance of Securities. Company agrees to reissue certificates representing the Securities without the legends set forth in Section 37 below at such time as: (i) the holder thereof is permitted to dispose of such Securities pursuant to Rule 144(k) under the Securities Act; or (ii) upon resale subject to an effective registration statement after such Securities are registered under the Securities Act. Company agrees to cooperate with Laurus in connection with all resales pursuant to Rule 144(d) and Rule 144(k) and provide legal opinions necessary to allow such resales provided Company and its counsel receive reasonably requested representations from Laurus and broker, if any.

Appears in 6 contracts

Samples: Security and Purchase Agreement (Maxim Mortgage Corp/), Security Agreement (Return on Investment Corp), Security Agreement (Riviera Tool Co)

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Reissuance of Securities. Company agrees to reissue certificates representing the Securities without the legends set forth in Section 37 below at such time as: (i) the holder thereof is permitted to dispose of such Securities pursuant to Rule 144(k) under the Securities Act; or (ii) upon resale subject to an effective registration statement after such Securities are registered under the Securities Act. Company agrees to cooperate with Laurus in connection with all resales pursuant to Rule 144(d) and Rule 144(k) and provide legal opinions necessary to allow such resales provided Company and its counsel receive reasonably requested representations from Laurus (including a legal opinion from counsel to Laurus, if customary and requested) and broker, if any.

Appears in 2 contracts

Samples: Loan Agreement (Creative Vistas Inc), Loan Agreement (Creative Vistas Inc)

Reissuance of Securities. Company agrees to reissue certificates representing the Securities without the legends set forth in Section 37 below at such time as: (i) the holder thereof is permitted to dispose of such Securities pursuant to Rule 144(k) under the Securities Act; or (ii) upon resale subject to an effective registration statement after such Securities Common Stock underlying the Option are registered under the Securities Act. Company agrees to cooperate with Laurus in connection with all resales pursuant to Rule 144(d) and Rule 144(k) and provide legal opinions necessary to allow such resales provided Company and its counsel receive reasonably requested representations from Laurus and broker, if any.

Appears in 1 contract

Samples: Security Agreement (Conversion Services International Inc)

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Reissuance of Securities. Company agrees to reissue certificates representing the Securities without the legends set forth in Section 37 38 below at such time as: (i) the holder thereof is permitted to dispose of such Securities pursuant to Rule 144(k) under the Securities Act; or (ii) upon resale subject to an effective registration statement after such Securities are registered under the Securities Act. Company agrees to cooperate with Laurus in connection with all resales pursuant to Rule 144(d) and Rule 144(k) and provide legal opinions necessary to allow such resales provided Company and its counsel receive reasonably requested representations from Laurus and broker, if any.

Appears in 1 contract

Samples: Security Agreement (Comc Inc)

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