Common use of Restrictions Imposed by the Act Clause in Contracts

Restrictions Imposed by the Act. This Warrant and the Warrant Shares underlying this Warrants shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that this Warrant or the Warrant Shares, as the case may be, may be transferred pursuant to an exemption from registration under the Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that an opinion of Cozen O'Connor shall be deemed satisfactory evidence of the availabilitx xx xx exemption), or (ii) a registration statement relating to such Warrant or Warrant Shares, as the case may be, has been filed by the Company and declared effective by the Securities and Exchange Commission (the "COMMISSION") and compliance with applicable state law.

Restrictions Imposed by the Act. This Warrant and the Warrant Shares underlying this Warrants shall hall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that this Warrant or the Warrant Shares, as the case may be, may be transferred pursuant to an exemption from registration under the Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that an opinion of Cozen O'Connor O’Xxxxxx shall be deemed satisfactory evidence of the availabilitx xx xx availability of an exemption), or (ii) a registration statement relating to such Warrant or Warrant Shares, as the case may be, has been filed by the Company and declared effective by the Securities and Exchange Commission (the "COMMISSION"“Commission”) and compliance with applicable state law.

Restrictions Imposed by the Act. This Warrant and the Warrant Shares securities underlying this Warrants Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that this Warrant or the Warrant Shares, as the case may be, may be transferred pursuant to an exemption from registration under the Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that an opinion of Cozen O'Connor O’Xxxxxx shall be deemed satisfactory evidence of the availabilitx xx xx availability of an exemption), or (ii) a registration statement relating to such Warrant or Warrant Shares, as the case may be, has been filed by the Company and declared effective by the Securities and Exchange Commission (the "COMMISSION"“Commission”) and compliance with applicable state law.

Restrictions Imposed by the Act. This Warrant and the Warrant Shares underlying this Warrants Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that this Warrant or the Warrant Shares, as the case may be, may be transferred pursuant to an exemption from registration under the Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that an opinion of Cozen O'Connor Rxxxxxxxxx & Pxxxx LLP shall be deemed satisfactory evidence of the availabilitx xx xx availability of an exemption), or (ii) a registration statement relating to such Warrant or Warrant Shares, as the case may be, has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the "COMMISSION"“SEC”) and compliance with applicable state law.

Restrictions Imposed by the Act. This Warrant and the Warrant Shares underlying this Warrants shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that this Warrant or the Warrant Shares, as the case may be, may be transferred pursuant to an exemption from registration under the Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that an opinion of Cozen O'Connor shall be deemed satisfactory evidence of the availabilitx availabilixx xx xx exemption), or (ii) a registration statement relating to such Warrant or Warrant Shares, as the case may be, has been filed by the Company and declared effective by the Securities and Exchange Commission (the "COMMISSION") and compliance with applicable state law.

Restrictions Imposed by the Act. This Warrant and the Warrant Shares underlying this Warrants Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that this Warrant or the Warrant Shares, as the case may be, may be transferred pursuant to an exemption from registration under the Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that an opinion of Cozen O'Connor X'Xxxxxx shall be deemed satisfactory evidence of the availabilitx xx xx availability of an exemption), or (ii) a registration statement relating to such Warrant or Warrant Shares, as the case may be, has been filed by the Company and declared effective by the Securities and Exchange Commission (the "COMMISSION") and compliance with applicable state law.