Resale Requirements. Each Purchaser, severally and not jointly with the other Purchasers, agrees with the Company that such Purchaser will sell the Securities pursuant to either the registration requirements of the Securities Act, including any applicable prospectus delivery requirements, or an exemption therefrom, and that if Securities are sold pursuant to a registration statement, they will be sold in compliance with the plan of distribution set forth therein, and acknowledges that the removal of the restrictive legend from certificates representing Securities as set forth in this Section 4.1 is predicated upon the Company’s reliance upon this understanding.
Resale Requirements. The Subscriber, if it decides to offer, sell or otherwise transfer, pledge or hypothecate all or any part of the Shares, will not offer, sell or otherwise transfer, pledge or hypothecate any of such securities (other than pursuant to an effective registration statement under the Act), directly or indirectly unless:
(i) the sale is to the Corporation; or
(ii) the sale is made outside the United States in accordance with the requirements of Rule 904 of Regulation S under the Act; or
(iii) the sale is made pursuant to the exemption from registration under the Act provided by Rule 144 thereunder, if available, and in compliance with any applicable state securities laws; or
(iv) with the prior written consent of the Corporation, the sale is made pursuant to another exemption from registration under the Act and any applicable state securities laws, provided that in the case of subparagraphs (iii) and (iv), a written opinion of legal counsel reasonably satisfactory to the Corporation is addressed and provided to the Corporation to the effect that the proposed transfer may be effected without registration under the Act or any applicable state securities laws.
Resale Requirements. A. In the case of one-unit properties, or in the case of multiple-unit or mixed-used properties, Purchaser shall [take one of the following actions:] [1] offer the property for sale to Eligible Buyers; [2] include the property as rental stock [;or] [For Lease Purchase option: 3)] offer the property for sale to Eligible Buyers under Purchaser’s Lease-Option Program. If the lessee does not exercise the purchase option under the lease within 2 (Two) years, the Purchaser must sell the Acquired Property to another Eligible Buyer at the Resale Price prescribed in Section 6.3.] in the following order of priority, unless this priority is re-established through the Purchaser’s Administrative Plan: Existing DHAP tenant if interested and qualified: Other DHAP qualified participants;
Resale Requirements. Each of the Vendors acknowledges that the Payment Shares will be subject to a four month resale hold period under applicable Securities Laws.
Resale Requirements. SUBRECIPIENT is required to sell the 5 Project to a Qualified Homebuyer and repay COUNTY with the proceeds from the sale. The
Resale Requirements. Applies if Customer obtains resale rights. Resale rights require a separate written agreement. Customers must notify IB Lab of sales and comply with regulations. Authorized marketing materials should be used. Requirements continue after termination.
