Common use of Restrictive Endorsements Clause in Contracts

Restrictive Endorsements. Each certificate evidencing any Securities shall bear a legend in substantially the following form: "The securities evidenced by this certificate are subject to a Stockholders Agreement dated as of December __, 1998, copies of which are on file at the principal office of the corporation and will be furnished to the holder on request to the Secretary of the corporation. Such Stockholders Agreement provides, among other things, for certain restrictions on voting, sale, transfer, pledge, hypothecation or other disposition of the securities evidenced by this certificate and that such securities may be subject to purchase upon the occurrence of certain events." In addition, unless counsel to the Company has advised that such legend is no longer needed, each certificate evidencing the Securities shall bear a legend in substantially the following form: "The securities evidenced by this certificate have not been registered pursuant to the Securities Act of 1933, as amended (the "Act"), or any state securities law, and such securities may not be sold, transferred or otherwise disposed of unless the same are registered and qualified in accordance with the Act and any applicable state securities laws, or in the opinion of counsel reasonably satisfactory to the corporation such registration and qualification are not required."

Appears in 2 contracts

Samples: Stockholders Agreement (Transamerican Energy Corp), Stockholders Agreement (Transamerican Refining Corp)

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Restrictive Endorsements. Each certificate evidencing any Securities shall bear a legend in substantially the following form: "The securities evidenced by this certificate are subject to a Stockholders Stockholders' Agreement dated as of December __January 14, 19982000, copies of which are on file at the principal office of the corporation and will be furnished to the holder Holder on request to the Secretary of the corporation. Such Stockholders Stockholders' Agreement provides, among other things, for certain restrictions on voting, sale, transfer, pledge, hypothecation or other disposition of the securities evidenced by this certificate and that such securities may be subject to purchase upon the occurrence of certain eventscertificate." In addition, unless counsel to the Company has advised that such legend is no longer needed, each certificate evidencing the Securities shall bear a legend in substantially the following form: "The securities evidenced by this certificate have not been registered pursuant to the Securities Act of 1933, as amended (the "Act"), or any state securities law, and such securities may not be sold, transferred or otherwise disposed of unless the same are registered and qualified in accordance with the Act and any applicable state securities laws, or in the opinion of counsel reasonably satisfactory to the corporation such registration and qualification are not required."

Appears in 1 contract

Samples: Stockholders' Agreement (Forman Petroleum Corp)

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Restrictive Endorsements. Each certificate evidencing any Securities shall bear a legend in substantially the following form: "The securities evidenced by this certificate are subject to a Stockholders Stockholders’ Agreement dated as of December __, 1998January 14,2000, copies of which are on file at the principal office of the corporation and will be furnished to the holder Holder on request to the Secretary of the corporation. Such Stockholders Stockholders’ Agreement provides, among other things, for certain restrictions on voting, sale, transfer, pledge, hypothecation or other disposition of the securities evidenced by this certificate and that such securities may be subject to purchase upon the occurrence of certain eventscertificate." In addition, unless counsel to the Company has advised that such legend is no longer needed, each certificate evidencing the Securities shall bear a legend in substantially the following form: "The securities evidenced by this certificate have not been registered pursuant to the Securities Act of 1933, as amended (the "Act"), or any state securities law, and such securities may not be sold, transferred or otherwise disposed of unless the same are registered and qualified in accordance with the Act and any applicable state securities laws, or in the opinion of counsel reasonably satisfactory to the corporation such registration and qualification are not required."

Appears in 1 contract

Samples: Stockholders’ Agreement (Ascent Energy Inc)

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