Common use of Removal of Legend and Transfer Restrictions Clause in Contracts

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a) and the stop transfer instructions with respect to such legended Securities shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, if such Securities are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k).

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (Itec Environmental Group Inc), Common Stock Purchase Agreement (Itec Environmental Group Inc), Asset Purchase Agreement (Imarx Therapeutics Inc)

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Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a6.9(1) and the stop transfer instructions with respect to such legended Securities legend Shares shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, Shares if such Securities Shares are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Salon Media Group Inc), Securities Purchase Agreement (Salon Media Group Inc)

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a4.5(a) and the stop transfer instructions with respect to such legended Securities shall be removed, and the Company Novo shall issue a certificate without such legend to the holder of such Securities, Securities if such Securities are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k)144.

Appears in 1 contract

Samples: Share Exchange Agreement (Novo Mediagroup Inc)

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a) Section 6.1 and the stop transfer instructions with respect to such legended Securities Shares shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, Shares if such Securities Shares are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Computerized Thermal Imaging Inc)

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Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a3.5(a) and the stop transfer instructions with respect to such legended Securities shall be removed, and the Company Novo shall issue a certificate without such legend to the holder of such Securities, Securities if such Securities are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k)144.

Appears in 1 contract

Samples: Stock Purchase Agreement (Novo Mediagroup Inc)

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a) and the stop transfer instructions with respect to such legended Securities this Section 5 shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, Warrant Shares if (i) such Securities Warrant Shares are registered resold pursuant to a registration statement under the Securities Act Act, and a prospectus meeting the requirements of Section 10 of the Securities Act is available delivered or deemed delivered to the purchaser of such Warrant Shares, (ii) if such holder satisfies the requirements of Rule 144(k).) or

Appears in 1 contract

Samples: Warrant Agreement (Adventrx Pharmaceuticals Inc)

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