Common use of Rule 144 Availability Clause in Contracts

Rule 144 Availability. Notwithstanding the foregoing, the Company will not be obligated to register any Registrable Securities as to which counsel reasonably acceptable to the Holders renders an opinion in form and substance satisfactory to the Holders to the effect that such Registrable Securities are freely saleable without limitation as to volume under Rule 144 under the Securities Act.

Appears in 3 contracts

Samples: Valuestar Corporation Registration Rights Agreement and Shareholders Agreement (Valuestar Corp), Shareholder Agreement (Valuestar Corp), Shareholder Agreement (Seacoast Capital Partners LTD Partnership)

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Rule 144 Availability. Notwithstanding the foregoing, the Company will --------------------- not be obligated to register any Registrable Securities as to which counsel reasonably acceptable to the Holders renders an opinion in form and substance satisfactory to the Holders to the effect that such Registrable Securities are freely saleable without limitation as to volume volume, manner of sale, or otherwise under Rule 144 promulgated under the Securities Act.

Appears in 2 contracts

Samples: Securities Exchange and Purchase Agreement (Fresh America Corp), Securities Exchange and Purchase Agreement (Fresh America Corp)

Rule 144 Availability. Notwithstanding the foregoing, the Company will not be obligated to register any Registrable Securities as to which counsel reasonably acceptable to the Holders renders an opinion in form and substance satisfactory to the Holders to the effect that such Registrable Securities are freely saleable without limitation as to volume volume, manner of sale, or otherwise under Rule 144 under the Securities Act.

Appears in 2 contracts

Samples: Priority Shareholder Agreement (Jotan Inc), Shareholder Agreement (Jotan Inc)

Rule 144 Availability. Notwithstanding the foregoing, the Company will not be obligated to register any the Registrable Securities of any particular Purchaser as to which counsel reasonably acceptable to the Holders such Purchaser renders an opinion in form and substance satisfactory to the Holders Purchaser to the effect that such Purchaser's Registrable Securities are freely saleable without limitation as to volume volume, manner of sale, or otherwise within a single three-month period under Rule 144 under the Securities Act.

Appears in 1 contract

Samples: Stockholder Agreement (It Partners Inc)

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Rule 144 Availability. Notwithstanding the foregoing, the Company --------------------- will not be obligated to register any Registrable Securities as to which counsel reasonably acceptable to the Holders renders an opinion in form and substance satisfactory to the Holders to the effect that such Registrable Securities are freely saleable without limitation as to volume volume, manner of sale, or otherwise under Rule 144 under the Securities Act.

Appears in 1 contract

Samples: Shareholder Agreement (Rice Partners Ii L P)

Rule 144 Availability. Notwithstanding the foregoing, the Company will not be obligated to register any Registrable Securities as to which counsel reasonably acceptable to the Holders renders an opinion in form and substance satisfactory to the Holders and the Company to the effect that such Registrable Securities are freely saleable without limitation as to volume volume, manner of sale, or otherwise under Rule 144 under the Securities Act.

Appears in 1 contract

Samples: Shareholder Agreement (RSTW Partners Iii Lp)

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