Common use of Restrictions on Transfer Registration Rights Clause in Contracts

Restrictions on Transfer Registration Rights. (a) The Warrantholder agrees that prior to making any disposition of any of the Warrants or Shares, the Warrantholder shall give written notice to the Company describing briefly the manner in which any such proposed disposition is to be made; and no such disposition shall be made except pursuant to an effective registration statement or in a transaction exempt from the registration requirements of the Act, or if the Company has notified the Warrantholder that, in the reasonable opinion of counsel to the Company, a registration statement or other notification or post-effective amendment thereto (hereinafter collectively a "Registration Statement") under the Securities Act is required with respect to such disposition and no such Registration Statement has been filed by the Company with, and declared effective, if necessary, by, the Securities and Exchange Commission (the "Commission").

Appears in 2 contracts

Samples: Preferred Stock Warrant Agreement (Koo Koo Roo Inc/De), Common Stock Warrant Agreement (Koo Koo Roo Inc/De)

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Restrictions on Transfer Registration Rights. (a) The Warrantholder agrees that prior to making any disposition of the Warrant or any of the Warrants or Shares, the Warrantholder or holder of Shares shall give written notice to the Company describing briefly the manner in which any such proposed disposition is to be made; made and no such disposition shall be made except pursuant to an effective registration statement or in a transaction exempt from the registration requirements of the Act, or if the Company has notified the Warrantholder or holder of Shares that, in the reasonable opinion of counsel reasonably satisfactory to the CompanyWarrantholder or holder of Shares, a registration statement or other notification or post-effective amendment thereto (hereinafter collectively a "Registration Statement") under the Securities Act is required with respect to such disposition and no such Registration Statement has been filed by the Company with, and declared effective, if necessary, by, by the Securities and Exchange Commission (the "Commission").

Appears in 1 contract

Samples: Warrant and Registration Agreement (Cornstein David B)

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Restrictions on Transfer Registration Rights. (a) The Warrantholder agrees that prior to making any disposition of any of the Warrants or the Shares, other than to persons or entities identified in clauses (i) through (v), inclusive, of Section 1.3, the Warrantholder shall give written notice to the Company describing briefly the manner in which any such proposed disposition is to be made; and no such disposition shall be made except pursuant to an effective registration statement or in a transaction exempt from the registration requirements of the Act, or if the Company has notified the Warrantholder that, that in the reasonable opinion of counsel reasonably satisfactory to the Company, Warrantholder a registration statement or other notification or post-effective amendment thereto (hereinafter collectively a "Registration Statement") under the Securities Act is required with respect to such disposition and no such Registration Statement has been filed by the Company with, and declared effective, if necessary, by, by the Securities and Exchange Commission (the "Commission").

Appears in 1 contract

Samples: S Warrant Agreement (New York Health Care Inc)

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