Common use of Restrictions Imposed by Law Clause in Contracts

Restrictions Imposed by Law. Without limiting the generality of Section 16 of the Plan, the Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.

Appears in 14 contracts

Samples: Market Stock Unit Award Agreement (Callon Petroleum Co), Restricted Stock Unit Award Agreement (Callon Petroleum Co), Restricted Stock Unit Award Agreement (Callon Petroleum Co)

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Restrictions Imposed by Law. Without limiting the generality of Section 16 of the Plan, the Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock if counsel to the Company determines that such exercise or delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.

Appears in 9 contracts

Samples: Employee Restricted Stock Unit Award Agreement (Carrizo Oil & Gas Inc), Employee Restricted Stock Award Agreement (Carrizo Oil & Gas Inc), Employee Restricted Stock Unit Award Agreement (Carrizo Oil & Gas Inc)

Restrictions Imposed by Law. Without limiting the generality of Section 16 of the Plan, the Grantee Participant agrees that the Company will not be obligated to deliver any shares of Common Stock Stock, if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is may be listed or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.

Appears in 7 contracts

Samples: Long Term Incentive Award Agreement (Lennox International Inc), Long Term Incentive Award Agreement (Lennox International Inc), Long Term Incentive Award Agreement (Lennox International Inc)

Restrictions Imposed by Law. Without limiting the generality of Section 16 of the Plan, the Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock Stock, if counsel to the Company determines that such exercise, or delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.

Appears in 6 contracts

Samples: Employee Restricted Stock Award Agreement (Carrizo Oil & Gas Inc), Independent Contractor Restricted Stock Award Agreement (Carrizo Oil & Gas Inc), Employee Restricted Stock Award Agreement (Carrizo Oil & Gas Inc)

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Restrictions Imposed by Law. Without limiting the generality of Section 16 of the Plan, the Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock Stock, if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.

Appears in 2 contracts

Samples: Employee Restricted Stock Award Agreement (Carrizo Oil & Gas Inc), Employee Restricted Stock Award Agreement (Carrizo Oil & Gas Inc)

Restrictions Imposed by Law. Without limiting the generality of Section 16 of the Plan, the Grantee agrees that the Company will not be obligated to issue or deliver any shares of Common Stock if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.

Appears in 1 contract

Samples: Performance Share Award Agreement (Carrizo Oil & Gas Inc)

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