Common use of Restrictions on Transferability Clause in Contracts

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

Appears in 12 contracts

Samples: Common Stock Purchase Agreement (Aradigm Corp), Common Stock Purchase Agreement (Bb Biotech Ag), Common Stock Purchase Agreement (Aviron)

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

Appears in 11 contracts

Samples: Common Stock and Warrant Purchase Agreement (Biocept Inc), Securities Purchase Agreement (U.S. Auto Parts Network, Inc.), Securities Purchase Agreement (Metabasis Therapeutics Inc)

Restrictions on Transferability. The Shares shall may not be transferable offered, sold or otherwise transferred except in compliance with the absence registration requirements of a the Act and any other applicable securities laws, or pursuant to an exemption therefrom. Company is required to refuse to register any transfer of the Securities not made in accordance with the provisions of Regulation S, pursuant to registration under the Securities Act Act, or pursuant to an available exemption therefrom or in the absence of compliance with any term of this Agreement. The Company from registration, and shall be entitled to give stop transfer instructions orders to its transfer agent with respect to the Shares Securities if necessary in order to enforce the foregoing restrictions.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Image Entertainment Inc), Stock Purchase Agreement (Slaight Communications Inc.), Stock Purchase Agreement (Ppol Inc)

Restrictions on Transferability. The Shares, the Warrants and the Warrant Shares shall not be transferable in the absence of a registration under the Securities Act or an exemption therefrom or in the absence of compliance with any term of this the Agreement. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Shares, the Warrants and the Warrant Shares in order to enforce the foregoing restrictions.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Borealis Technology Corp), Unit Purchase Agreement (Borealis Technology Corp)

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

Appears in 2 contracts

Samples: Securities Purchase Agreement (Aradigm Corp), Securities Purchase Agreement (Aradigm Corp)

Restrictions on Transferability. The Shares and the Conversion Shares shall not be transferable in the absence of a registration under the Securities Act or an exemption therefrom or in the absence of compliance with any term of this the Agreement. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Shares and the Conversion Shares in order to enforce the foregoing restrictions.

Appears in 2 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (Borealis Technology Corp), Preferred Stock and Warrant Purchase Agreement (Borealis Technology Corp)

Restrictions on Transferability. The Shares shall not be transferable in the absence of a registration under the Securities Act and any applicable state securities laws or an exemption exemptions therefrom or in the absence of compliance with any term of this Agreement. The Company shall be entitled to give stop transfer instructions to its the transfer agent with respect to the Shares in order to enforce the foregoing restrictions.

Appears in 2 contracts

Samples: Joint Research, Development and License Agreement (Cephalon Inc), Common Stock Purchase Agreement (On Stage Entertainment Inc)

Restrictions on Transferability. The Shares shall may not be transferable offered, sold or otherwise transferred except in compliance with the absence registration requirements of a registration under the Securities Act and any other applicable securities laws, or pursuant to an exemption therefrom or therefrom, and in each case in compliance with the terms of this Agreement and the restrictions set forth in the absence text of compliance with any term of this Agreementthe restrictive legend required to be included on the Shares pursuant to Section 6.2 hereof. The Company shall be entitled to give stop transfer instructions orders to its transfer agent with respect to the Shares in order to enforce the foregoing restrictions.

Appears in 2 contracts

Samples: Purchase Agreement (American Apparel, Inc), Purchase Agreement (American Apparel, Inc)

Restrictions on Transferability. The Shares shall may not be transferable offered, sold or otherwise transferred except in compliance with the absence registration requirements of a registration under the Securities Act and any other applicable securities laws, or pursuant to an exemption therefrom or therefrom, and in each case in compliance with the terms of this Agreement and the restrictions set forth in the absence text of compliance with any term of this Agreementthe restrictive legend required to be included on the Shares pursuant to Section 5.2 hereof. The Company shall be entitled to give stop transfer instructions orders to its transfer agent with respect to the Shares in order to enforce the foregoing restrictions.

Appears in 1 contract

Samples: Series a Perpetual Preferred Stock Purchase Agreement (Ihop Corp)

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Restrictions on Transferability. The Shares Securities shall not be transferable in the absence of a an effective registration statement therefor under the Securities Act or an exemption therefrom or in the absence of compliance with any term of this Agreementtherefrom. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Shares Securities in order to enforce the foregoing restrictions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sbe Inc)

Restrictions on Transferability. The Shares shall not be transferable transferred in the absence of a registration under the Securities Act or an exemption therefrom or in the absence of compliance with any term of this Agreement. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Shares in order to enforce the foregoing restrictions.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Southern Mineral Corp)

Restrictions on Transferability. The Shares shall not be transferable in the absence of a registration under the Securities Act of 1933, as amended, or an exemption therefrom or in the absence of compliance with any term of this Agreementtherefrom. The Company shall be entitled to give stop transfer instructions to its the transfer agent with respect to the Shares in order to enforce the foregoing restrictions. The Shares shall also be subject to the restrictions on transfer set forth in the Equity Documents only so long as all other holders of common stock of the Company are subject to similar restrictions.

Appears in 1 contract

Samples: License Agreement (ITUS Corp)

Restrictions on Transferability. The Notwithstanding any other provision of this Agreement, Shares shall not be transferable in transferred, and the absence Company shall not be required to register any Transfer of a Shares on its books, unless the Company shall be satisfied prior to such Transfer that registration under the Securities Act or an exemption therefrom or is not required in connection with the absence of compliance with any term of this Agreement. The Company shall be entitled to give stop transfer instructions to its transfer agent with respect to the Shares transaction resulting in order to enforce the foregoing restrictionssuch Transfer.

Appears in 1 contract

Samples: Stockholders Agreement (Hirsch International Corp)

Restrictions on Transferability. The Shares shall may not be transferable offered, sold or otherwise transferred except in compliance with the absence registration requirements of a the Act and any other applicable securities laws, or pursuant to an exemption therefrom. Company is required to refuse to register any transfer of the Securities not made pursuant to registration under the Securities Act Act, or pursuant to an available exemption therefrom or in the absence of compliance with any term of this Agreement. The Company from registration, and shall be entitled to give stop transfer instructions orders to its transfer agent with respect to the Shares Securities if necessary in order to enforce the foregoing restrictions.

Appears in 1 contract

Samples: Termination and Exchange Agreement (Image Entertainment Inc)

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