Common use of Restrictions on Securities Clause in Contracts

Restrictions on Securities. Each Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (a) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act and (b) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 6 contracts

Samples: Securities Purchase Agreement (American Technology Corp /De/), Securities Purchase Agreement (Global Epoint Inc), Securities Purchase Agreement (Global Epoint Inc)

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Restrictions on Securities. Each Such Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (a) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act and (b) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Elixir Gaming Technologies, Inc.), Securities Purchase Agreement (Microislet Inc), Securities Purchase Agreement (Microislet Inc)

Restrictions on Securities. Each Such Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (ai) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act Act, and (bii) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Microislet Inc), Securities Purchase Agreement (Microislet Inc)

Restrictions on Securities. Each Purchaser Such Investor understands that the Securities Shares have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (a) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act and (b) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Commerce Planet), Securities Purchase Agreement (Commerce Planet)

Restrictions on Securities. Each The Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (ai) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act Act, and (bii) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Accelr8 Technology Corp)

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Restrictions on Securities. Each Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (a) pursuant to an exemption from registration under the Securities Act (and, if requested by the Company, based upon an opinion of counsel acceptable to the Company) or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act and (b) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Epoint Inc)

Restrictions on Securities. Each Such Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (a) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act and (b) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Elixir Gaming Technologies, Inc.)

Restrictions on Securities. Each Such Purchaser understands that the Securities have not been registered under the Securities Act and may not be offered, resold, pledged or otherwise transferred except (a) pursuant to an exemption from registration under the Securities Act or pursuant to an effective registration statement in compliance with Section 5 under the Securities Act Act, and (b) in accordance with all applicable securities laws of the states of the United States and other jurisdictions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Livedeal Inc)

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