Common use of Securities Law Provision Clause in Contracts

Securities Law Provision. Each Company recognizes that Agent may be limited in its ability to effect a sale to the public of all or part of the Assets by reason of certain prohibitions in the Securities Act of 1933, as amended, or other federal or state securities laws (collectively, the “Securities Laws”), and may be compelled to resort to one or more sales to a restricted group of purchasers who may be required to agree to acquire the Assets for their own account, for investment and not with a view to the distribution or resale thereof. Each Company agrees that sales so made may be at prices and on terms less favorable than if the Assets were sold to the public, and that Agent has no obligation to delay the sale of any Assets for the period of time necessary to register the Assets for sale to the public under the Securities Laws. Each Company shall cooperate with Agent in its attempt to satisfy any requirements under the Securities Laws (including, without limitation, registration thereunder if requested by Agent) applicable to the sale of the Assets by Agent.

Securities Law Provision. Each The Company recognizes that Agent may be limited in its ability to effect a sale to the public of all or part of the Assets Pledged Securities by reason of certain prohibitions in the Securities Act of 1933, as amended, or other federal or state securities laws (collectively, the “"Securities Laws”"), and may be compelled to resort to one or more sales to a restricted group of purchasers who may be required to agree to acquire the Assets Pledged Securities for their own account, for investment and not with a view to the distribution or resale thereof. Each The Company agrees that sales so made may be at prices and on terms less favorable than if the Assets Pledged Securities were sold to the public, and that Agent has no obligation to delay the sale of any Assets Pledged Securities for the period of time necessary to register the Assets Pledged Securities for sale to the public under the Securities Laws. Each The Company shall cooperate with Agent in its attempt to satisfy any requirements under the Securities Laws (including, without limitation, registration thereunder if requested by Agent) applicable to the sale of the Assets Pledged Securities by Agent.

Securities Law Provision. Each Company Debtor recognizes that Agent may be limited in its ability to effect a sale to the public of all or part of the Assets Securities by reason of certain prohibitions in the Securities Act of 1933, as amended, or other federal or state securities laws (collectively, the “Securities Laws”), and may be compelled to resort to one or more sales to a restricted group of purchasers who may be required to agree to acquire the Assets Securities for their own account, for investment and not with a view to the distribution or resale thereof. Each Company Debtor agrees that sales so made may be at prices and on terms less favorable than if the Assets Securities were sold to the public, and that Agent has no obligation to delay the sale of any Assets Securities for the period of time necessary to register the Assets Securities for sale to the public under the Securities Laws. Each Company Debtor shall cooperate with Agent in its attempt to satisfy any requirements under the Securities Laws (including, without limitation, registration thereunder if requested by Agent) applicable to the sale of the Assets Securities by Agent.