Common use of Restrictions on Transferability of Securities Compliance With Securities Act Clause in Contracts

Restrictions on Transferability of Securities Compliance With Securities Act. 8.1 Restrictions on Transferability. The Securities shall not be transferable in the absence of a registration under the Securities Act or an exemption therefrom. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Securities in order to enforce the foregoing restrictions.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Metabasis Therapeutics Inc), Securities Purchase Agreement (Allos Therapeutics Inc), Securities Purchase Agreement (Aradigm Corp)

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Restrictions on Transferability of Securities Compliance With Securities Act. 8.1 2.1 Restrictions on Transferability. The Securities shall not be transferable in the absence of a registration under the Securities Act or an exemption therefrom. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Securities in order to enforce the foregoing restrictions.

Appears in 1 contract

Samples: Registration Rights Agreement (Metabasis Therapeutics Inc)

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