Common use of Restriction on Transfer of Warrant Clause in Contracts

Restriction on Transfer of Warrant. The Holder of this Warrant, by its acceptance hereof, covenants and agrees that this Warrant is being acquired as an investment and not with a view to the distribution hereof, and that it may not be exercised, sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part unless in the opinion of counsel concurred in by the Company's counsel such transfer is in compliance with all applicable securities laws.

Restriction on Transfer of Warrant. The Holder of this Warrant, by its acceptance hereof, covenants and agrees that this Warrant is being acquired as an investment and not with a view to the distribution hereof, and that it may not be exercised, sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part except as provided in Section 13 below or unless in the opinion of counsel concurred in by the Company's ’s counsel such transfer is in compliance with all applicable securities laws.

Restriction on Transfer of Warrant. The Holder of this Warrant, by its acceptance hereof, covenants and agrees that this Warrant is being acquired as an investment and not with a view to the distribution hereofthereof, and that it may not be exercised, sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part unless in the opinion of counsel concurred in by the Company's counsel such transfer is in compliance with all applicable securities laws.