Common use of Risk of No Registration Clause in Contracts

Risk of No Registration. The Holder understands that if a registration statement covering the transfer of the Stock under the Act is not in effect when it desires to sell the Stock issuable upon exercise of this Warrant, it may be required to hold such securities for an indefinite period. The Holder also understands that any sale of Stock issuable upon exercise of this Warrant which might be made by it in reliance upon Rule 144 under the Act may be made only in accordance with the terms and conditions of that Rule.

Risk of No Registration. The Holder understands that if a registration statement covering the transfer of the Stock Warrant Shares under the Act is not in effect when it desires to sell the Stock Warrant Shares issuable upon exercise of this Warrant, it may be required to hold such securities for an indefinite period. The Holder also understands that any sale of Stock Warrant Shares issuable upon exercise of this Warrant which might be made by it in reliance upon Rule 144 under the Act may be made only in accordance with the terms and conditions of that Rule.

Risk of No Registration. The Holder understands that if a registration statement covering the transfer of the Stock securities under the Act is not in effect when it desires to sell (i) the Stock right to purchase Shares pursuant to the Warrant, or (ii) the Shares issuable upon exercise of this Warrantthe right to purchase, it may be required to hold such securities for an indefinite period. The Holder also understands that any sale of Stock issuable upon exercise of this Warrant which might be made by it in reliance upon Rule 144 under the Act may be made only in accordance with the terms and conditions of that Rule.

Risk of No Registration. The Holder understands that if the Company does not register the Warrant Stock pursuant to Securities Act, or if a registration statement covering the transfer of the Warrant Stock under the Act is not in effect when it desires to sell the Stock issuable upon exercise of this WarrantWarrant Stock, it may be required to hold such securities for an indefinite period. The Holder also understands that any sale of the Warrant Stock issuable upon exercise of this Warrant which might be made by it in reliance upon Rule 144 under the Act may be made only in accordance with the terms and conditions of that Rule.