Common use of Removal of Legends, Etc Clause in Contracts

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Section 6, the restrictions imposed by this Section 6 upon the transferability of any Registrable Securities shall cease and terminate when any such Registrable Securities are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the registration statement or as otherwise contemplated by Section 6(c) which does not require that the securities transferred bear the legend set forth in Section 6(b). Whenever the restrictions imposed by this Section 6 shall terminate as herein provided, the Holder of any Registrable Securities as to which such restrictions have terminated shall be entitled to receive from the Corporation, without expense, one or more new certificates not bearing the restrictive legend set forth in Section 6(b) and not containing any other reference to the restrictions imposed by this Section 6.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Medscape Inc), Stockholders' Agreement (Medscape Inc), Stockholders Agreement (Medscape Inc)

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Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Section 6, the restrictions imposed by this Section 6 upon the transferability of any Registrable Securities Notes shall cease and terminate when any such Registrable Securities Notes are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the registration statement or as otherwise contemplated by Section 6(c) 6 which does not require that the securities Notes transferred bear the legend set forth in Section 6(b). Whenever the restrictions imposed by this Section 6 shall terminate as herein provided, the Holder holder of any Registrable Securities Notes as to which such restrictions have terminated shall be entitled to receive from the CorporationCompany, without expense, one or more new certificates not bearing the restrictive legend set forth in Section 6(b) and not containing any other reference to the restrictions imposed by this Section 6.

Appears in 2 contracts

Samples: Note Purchase Agreement (System Software Associates Inc), Note Purchase Agreement (Computer Associates International Inc)

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Section 64, the restrictions imposed by this Section 6 4 upon the transferability of any Registrable Securities shall cease and terminate when any such Registrable Securities are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the registration statement or as otherwise contemplated by Section 6(c) which does not require that the securities transferred bear the legend set forth in Section 6(b4(a). Whenever the restrictions imposed by this Section 6 4 shall terminate as herein provided, the Holder of any Registrable Securities as to which such restrictions have terminated shall be entitled to receive from the Corporation, without expense, one or more new certificates not bearing the restrictive legend set forth in Section 6(b4(a) and not containing any other reference to the restrictions imposed by this Section 64.

Appears in 1 contract

Samples: Investors Rights Agreement (Abc Naco Inc)

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Section 65, the restrictions imposed by this Section 6 5 upon the transferability of any Registrable Securities shall cease and terminate when any such Registrable Securities are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the registration statement or as otherwise contemplated by Section 6(c) which does not require that the securities transferred bear the legend set forth in Section 6(b5(a). Whenever the restrictions imposed by this Section 6 shall terminate as herein provided, the Holder of any Registrable Securities as to which such restrictions have terminated shall be entitled to receive from the Corporation, without expense, one or more new certificates not bearing the restrictive legend set forth in Section 6(b5(a) and not containing any other reference to the restrictions imposed by this Section 65.

Appears in 1 contract

Samples: Stockholders & Registration Rights Agreement (Collagenex Pharmaceuticals Inc)

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Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Section 64, the restrictions imposed by this Section 6 4 upon the transferability of any Registrable Securities shall cease and terminate when any such Registrable Securities are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the registration statement or as otherwise contemplated by Section 6(c) which does not require that the securities transferred bear the legend set forth in Section 6(b4(a). Whenever the restrictions imposed by this Section 6 4 shall terminate as herein provided, the Holder of any Registrable Securities as to which such restrictions have terminated shall be entitled to receive from the Corporation, without expense, one or more new certificates not bearing the restrictive legend set forth in Section 6(b4(a) and not containing any other reference to the restrictions imposed by this Section 6.4. (m)

Appears in 1 contract

Samples: Investors Rights Agreement (Abc Naco Inc)

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