Common use of Resale of Stock Clause in Contracts

Resale of Stock. Each Member is acquiring Parent Common Stock to be purchased for himself or for itself from the Parent for investment, and not with a view to selling or otherwise distributing any of said Parent Common Stock in violation of the Securities Act or the securities laws of any state; provided, however, that the provisions of this paragraph shall not prejudice such Member’s right at all times to sell or otherwise dispose of all or any of the Parent Common Stock so acquired by such Member pursuant to an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act.

Appears in 1 contract

Samples: Securities Exchange Agreement (VirtualScopics, Inc.)

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Resale of Stock. Each Member Shareholder is acquiring Parent Common Stock to be purchased for himself himself, herself or for itself from the Parent for investment, and not with a view to selling or otherwise distributing any of said Parent Common Stock in violation of the Securities Act or the securities laws of any state; provided, however, that the provisions of this paragraph shall not prejudice such MemberShareholder’s right at all times to sell or otherwise dispose of all or any of the Parent Common Stock so acquired by such Member Shareholder pursuant to an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act.

Appears in 1 contract

Samples: Securities Exchange Agreement (Sustainable Projects Group Inc.)

Resale of Stock. Each Member Stockholder is acquiring Parent Common Stock to be purchased for himself or for itself herself from the Parent for investment, and not with a view to selling or otherwise distributing any of said Parent Common Stock in violation of the Securities Act or the securities laws of any state; provided, however, that the provisions of this paragraph shall not prejudice such MemberStockholder’s right at all times to sell or otherwise dispose of all or any of the Parent Common Stock so acquired by such Member Stockholder pursuant to an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act.

Appears in 1 contract

Samples: Securities Exchange Agreement (Juhl Wind, Inc)

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Resale of Stock. Each Member Stockholder is acquiring Parent Common Stock to be purchased for himself himself, herself or for itself from the Parent for investment, and not with a view to selling or otherwise distributing any of said Parent Common Stock in violation of the Securities Act or the securities laws of any state; provided, however, that the provisions of this paragraph shall not prejudice such MemberStockholder’s right at all times to sell or otherwise dispose of all or any of the Parent Common Stock so acquired by such Member Stockholder pursuant to an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act.

Appears in 1 contract

Samples: Securities Exchange Agreement (City Language Exchange Inc)

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