Common use of Sales Without Registration Clause in Contracts

Sales Without Registration. If, at the time of any transfer of any Registrable Securities, such Registrable Securities shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer, that the holder of Registrable Securities or transferee furnish to the Company an opinion of legal counsel satisfactory in form and substance to the Company to the effect that such transfer may be made without registration under the Securities Act; provided that nothing contained in this Section 8.8 shall relieve the Company from complying with any request for registration, qualification or compliance made pursuant to the other provisions of this Section 8.

Appears in 4 contracts

Samples: Warrant Agreement (Infinity Inc), Warrant Agreement (Gulfwest Energy Inc), Warrant Agreement (Dune Energy Inc)

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Sales Without Registration. If, at the time of any transfer of any Registrable Securities, such Registrable Securities shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer, that the holder of Registrable Securities or transferee furnish to the Company an opinion of legal counsel satisfactory in form and substance to the Company to the effect that such transfer may be made without registration under the Securities Act; provided that nothing contained in this Section 8.8 8.7 shall relieve the Company from complying with any request for registration, qualification or compliance made pursuant to the other provisions of this Section 8.

Appears in 3 contracts

Samples: Warrant Agreement (Florida Power & Light Co), Warrant Agreement (Florida Power & Light Co), Warrant Agreement (Gexa Corp)

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Sales Without Registration. If, at the time of any transfer of any Warrant or Registrable Securities, such Warrant or Registrable Securities shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer, that the holder of a Warrant or Registrable Securities or transferee furnish to the Company an opinion of legal counsel satisfactory in form and substance to the Company to the effect that such transfer may be made without registration under the Securities Act; provided that nothing contained in this Section 8.8 8.7 shall relieve the Company from complying with any request for registration, qualification or compliance made pursuant to the other provisions of this Section 8.

Appears in 1 contract

Samples: Warrant Agreement (Cronos Group)

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