Resale Limitations. The Optionee acknowledges and agrees that (a) the Shares he may acquire upon exercise of the Option may not be transferred unless they become registered under the Act or unless the holder thereof establishes to the satisfaction of the Company that an exemption from such registration is available, (b) the Company will have no obligation to provide any such registration or take such steps as are necessary to permit sale of such Shares without registration pursuant to Rule 144 under the Act or otherwise, (c) at such time as such Shares may be disposed of in routine sales without registration in reliance on Rule 144 under the Act, such disposition may be made only in limited amounts in accordance with all of the terms and conditions of Rule 144 and (d) if the Rule 144 exemption is not available, compliance with some other exemption from registration will be required.
Resale Limitations. The Subscriber has been independently advised as to and is aware of the applicable restrictions on the resale of the Shares imposed by the Securities Act (British Columbia), the regulations and rules made thereunder and all administrative policy statements, blanket orders, notices, directions and rulings issued by the British Columbia Securities Commission, all as amended (the “B.C. Securities Laws”) and is aware of the risks in purchasing and other characteristics of such securities and of the fact that the Subscriber may not be able to resell such securities except in accordance with applicable securities legislation and regulatory policies. The Subscriber has been advised to consult its own legal advisers with respect to applicable restrictions on the resale of the Shares and it is solely responsible (and the Corporation is not in any way responsible) for compliance with applicable resale restrictions, and it will comply with such resale restrictions and agrees that all certificates representing the Shares may bear certain legends to that effect.
Resale Limitations. Such Seller is fully aware of the restrictions on sale, transferability and assignment of the Purchase Price Shares, and that he must bear the economic risk of retaining ownership of such securities for an indefinite period of time. Such Seller is aware that (a) the Purchase Price Shares will not be registered under the Securities Act; and (b) because the issuance of the Purchase Price Shares has not been registered under the Securities Act, an investment in the Purchase Price Shares cannot be readily liquidated if the holder desires to do so, but rather may be required to be held indefinitely.
Resale Limitations. Investor understands that the Securities have not been, and will not upon issuance be, registered under the Securities Act of 1933, as amended (the “Securities Act”), and further understands that the Securities are “restricted securities” as such term is defined in Rule 144 promulgated under the Act and may be resold without registration under the Act and the applicable rules and regulations under the Act, only in very limited circumstances. In this connection, Investor represents that it is familiar with the terms and provisions of Regulation S (including Rule 903 and Rule 904 promulgated under the Securities Act) and Rule 144 promulgated under the Securities Act, as presently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Investor further agrees that all offers and sales of the Securities prior to the expiration of the one year distribution compliance period shall be made in accordance with the terms and provisions of the Securities Act including without limitation Rules 144, 903 and 904 promulgated under the Securities Act, pursuant to a registration of the Securities under the Securities Act, or pursuant to an available exemption from the registration requirements of the Securities Act.
Resale Limitations. In any resales within the first three months after the effective date of the applicable Registration Statement, regardless of whether conducted pursuant to the Registration Statement, INFI shall effect such sales only through [**] or another broker to be mutually agreed upon between INFI and Licensee.
Resale Limitations. All resales of IHS Stock issued pursuant to this Agreement shall be effected solely through Smith Barney Inc., as brokex, xxx xxxxs by Seller and, if any, her transferees of such shares (other than transferees acquiring shares pursuant to market transactions through Smith Barney Inc. and in acxxxxxxxx xxxh this subsection (d)), shall not at any time, in the aggregate, exceed Seventy Thousand (70,000) shares during any thirty (30) day period.
Resale Limitations. The Dallas Stars acknowledge that Account Holders may not be able to use each of the Tickets in their Account. The Account Holder acknowledges that the spirit of being an Account Holder is not to generate financial gain or benefits for the Account Holder, but rather is rooted in a desire to support the Dallas Stars. As such, the Account Holder acknowledges that their resale and/or trade activity may be monitored and tracked by the Dallas Stars, and, in the event that the Account Holder sells, attempts to sell, or engages a third party to sell on their behalf a majority of the Account Tickets, Account Holder shall be in breach of this agreement, and the Dallas Stars reserve the right to cancel the Account Holder’s Account(s).
Resale Limitations. All resales of IHS Stock issued pursuant to this Agreement shall be effected solely through Xxxxxxx Xxxxx Xxxxxx Inc., as broker.
Resale Limitations. All resales of IHS Stock issued pursuant to this Agreement shall be effected solely through Xxxxx Xxxxxx Inc., as broker, and resales by Seller shall not at any time, in the aggregate, exceed Seventy-Five Thousand (75,000) shares during any thirty (30) day period.
Resale Limitations. Except as otherwise expressly permitted elsewhere in this Agreement, from and after the Closing and until the expiry of the Lock-Up Period, the Seller shall not (i) sell, assign, convey or pledge, (ii) grant or enter into any option, right or contract (including any hedging contract), (iii) warrant to purchase, lend, or otherwise transfer or dispose of, or otherwise dispose of or, (iv) enter into any swap or other arrangement that (a) transfer to another, in whole or in part, any of the economic consequences of ownership of Xxxxxx Group Stock, or (b) create or suffer to exist any lien, claim, charge or other restriction in respect of his ownership interest in the Xxxxxx Group Stock or (c) transfers or otherwise disposes of any part of his ownership interest in the Xxxxxx Group Stock, in each case whether by act or deed or by operation of law. The limitations contained in this Section 11.9.1 shall not apply to any transaction of the Xxxxxx Group Stock that are based on the applicable inheritance law or take place between the Seller and his spouse, his children or any other of his relatives as long as they are not resident in the United States of America, provided the limitations of this Section 11.9.1 remain applicable to the Xxxxxx Group Stock after the transaction and the beneficiary of the Xxxxxx Group Stock declares in writing to be bound by the restrictions of Section 11.9 of this Agreement.
