Common use of Restrictions Imposed by the Securities Act Clause in Contracts

Restrictions Imposed by the Securities Act. The securities evidenced by this Purchase Warrant shall not be transferred unless and until: (i) the Company has received the opinion of counsel for the Holder that the securities may be transferred pursuant to an exemption from registration under the Securities Act and applicable state securities laws, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that the opinion of Xxxxxx Xxxxxxx Xxxxx & Scarborough LLP shall be deemed satisfactory evidence of the availability of an exemption).

Appears in 2 contracts

Samples: Underwriting Agreement (Longeveron LLC), Underwriting Agreement (Longeveron Inc.)

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Restrictions Imposed by the Securities Act. The securities evidenced by this Purchase Warrant shall not be transferred unless and until: (i) until the Company has received the opinion of counsel for the Holder that the securities may be transferred pursuant to an exemption from registration under the Securities Act and applicable state securities laws, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that the opinion of Xxxxxx Nxxxxx Xxxxxxx Xxxxx & Scarborough Sxxxxxxxxxx LLP shall be deemed satisfactory evidence of the availability of an exemption).

Appears in 1 contract

Samples: Underwriting Agreement (Nexalin Technology, Inc.)

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Restrictions Imposed by the Securities Act. The securities evidenced by this Purchase Warrant shall not be transferred unless and until: (i) the Company has received the opinion of counsel for the Holder that the securities may be transferred pursuant to an exemption from registration under the Securities Act and applicable state securities laws, the availability of which is established to the reasonable satisfaction of the Company (the Company hereby agreeing that the opinion of Xxxxxx Xxxxxxx Xxxxx Carmel, Mixxxxx & Scarborough LLP Fexx XLP shall be deemed satisfactory evidence of the availability of an exemption).

Appears in 1 contract

Samples: Representative’s Warrant Agreement (Grove, Inc.)

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