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

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Purchase Warrant shall not be transferred unless and until until: (i) if required by law, the Company has received the opinion of counsel for the Holder Company that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Companysecurities laws, or (ii) a registration statement or post-effective amendment to the Registration Statement relating to the offer and sale of such Securities securities that includes a current prospectus has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Purchase Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement or a post-effective amendment to the registration statement relating to the offer and sale of such Securities securities has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the “Commission”) and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Purchase Warrant shall not be transferred unless and until until: (i) if required by applicable law, the Company has received the opinion of counsel for the Holder Company that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Companysecurities laws, or (ii) a registration statement or a post-effective amendment to the Registration Statement relating to the offer and sale of such Securities securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement or a post-effective amendment to the registration statement relating to the offer and sale of such Securities securities has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the “Commission”) and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Purchase Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, Company or (ii) a registration statement or a post-effective amendment to the registration statement relating to the offer and sale of such Securities securities has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Warrant shall not be transferred Transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold Transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement relating to such Securities has securities have been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities laws has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold pursuant to an exemption from registration under the Securities Act, and applicable state law, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Purchase Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or Company (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by hereby agreeing that the Securities and Exchange Commission and compliance with applicable state lawopinion of Xxxxxx Xxxxxxx Xxxxx & Xxxxxxxxxxx LLP shall be deemed satisfactory evidence of the availability of an exemption).

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Unit Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement or a post-effective amendment to the registration statement relating to such Securities has securities have been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities laws has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying 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 such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or Company (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by hereby agreeing that the Securities and Exchange Commission and compliance with applicable state lawopinion of Xxxxxx Xxxxxxx Xxxxx & Xxxxxxxxxxx LLP shall be deemed satisfactory evidence of the availability of an exemption).

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (ia) the Company has received the an opinion of counsel for the Holder that such securities may be sold pursuant to an exemption from registration under the Act, Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (iib) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities laws.

Restrictions Imposed by the Securities Act. This Warrant and the Securities shares of Common Stock underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities securities has been filed by the Company and declared effective by the Securities and Exchange Commission (“Commission”) and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement or a post-effective amendment to the registration statement relating to such Securities has securities have been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities laws has been established.

Restrictions Imposed by the Securities Act. This The Warrant and the Securities underlying this Warrant Shares shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement or a post-effective amendment to the Registration Statement relating to the offer and sale of such Securities securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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 CompanyCompany and its counsel, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission (and is effective at the time of transfer) and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such securities this Warrant may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state law, the availability of which is established to the reasonable satisfaction of the Companysecurities laws, or (ii) a registration statement or a post-effective amendment to the Registration Statement relating to such Securities the offer and sale of this Warrant has been filed by the Company and declared effective by the Securities and Exchange Commission SEC and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i1) the Company has received the opinion of counsel for the Holder that such securities may be he sold 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, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying The securities evidenced by this Warrant shall not be transferred unless and until until: (i) the Company has received the opinion of counsel for the Holder that such the securities may be sold transferred pursuant to an exemption from registration under the Act, Securities Act and applicable state lawsecurities laws, the availability of which is established to the reasonable satisfaction of the Company, or (ii) a registration statement or a post-effective amendment to the registration statement relating to the offer and sale of such Securities securities has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission and compliance with applicable state lawsecurities law has been established.

Restrictions Imposed by the Securities Act. This Warrant and the Securities Warrant Shares underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold pursuant to an exemption from transferred without compliance with the registration requirements under Section 5 of the Securities Act, and applicable state law, the availability of which opinion is established to the reasonable satisfaction of the Company, or (ii) a registration statement relating to such Securities Warrant Shares has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state lawCommission.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission (the "Commission") and is in compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities shares of Common Stock underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities securities has been filed by the Company and declared effective by the Securities and Exchange Commission ("Commission") and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities this Warrant and the Securities may be sold 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, or (ii) a registration statement relating to such this Warrant and the Securities 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 Securities Act. This Warrant and the Securities Warrant Shares underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities Warrant Shares has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state law.

Restrictions Imposed by the Securities Act. This Warrant and the --------------------------------------- Securities underlying this Warrant shall not be transferred unless and until (i) the Company has received the opinion of counsel for the Holder that such securities may be sold 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, or (ii) a registration statement relating to such Securities has been filed by the Company and declared effective by the Securities and Exchange Commission and compliance with applicable state law.or