Restrictions Imposed by the Securities Act. The Holder shall not transfer any Shares unless and until: (i) the Company has received the opinion of counsel for the Holder that the Shares 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, or (ii) a registration statement or a post-effective amendment to the Registration Statement relating to the offer and sale of the Shares has been filed by the Company and declared effective by the Commission and compliance with applicable state securities law has been established.
Appears in 5 contracts
Samples: Underwriters’ Warrant Agreement, Underwriting Agreement (Naked Brand Group Inc.), Underwriters’ Warrant Agreement (BioPharmX Corp)
Restrictions Imposed by the Securities Act. The Holder shall not be transfer any the Shares unless and until: (i) the Company has received the opinion of counsel for the Holder that the Shares 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, or (ii) a registration statement or a post-effective amendment to the Registration Statement relating to the offer and sale of the Shares has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the “Commission”) and compliance with applicable state securities law has been established.
Appears in 1 contract
Samples: Purchase Warrant Agreement (Adamis Pharmaceuticals Corp)
Restrictions Imposed by the Securities Act. The Holder shall not transfer any the Shares unless and until: (i) the Company has received the opinion of counsel for the Holder that the Shares 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, or (ii) a registration statement or a post-effective amendment to the Registration Statement relating to the offer and sale of the Shares has been filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the "Commission") and compliance with applicable state securities law has been established.
Appears in 1 contract
Samples: Representative's Warrant Agreement (PetroShare Corp.)
