Common use of Share Restrictions Clause in Contracts

Share Restrictions. The Vendors acknowledge that they will be subject to restrictions on the sale of shares of AXYN and the Purchaser, as the case may be, in accordance with the laws of the United States and Canada, the applicable securities regulations thereto and the terms of this Agreement. The Shares issued to the Vendors shall bear such restrictions on the face of the share certificates. The restrictions on the transfer of the common shares issued by the Purchaser pursuant to this Agreement shall be removed upon the Purchaser's compliance with applicable securities regulations in the relevant jurisdiction and in proportion to all other issued common shares of AXYN.

Share Restrictions. The Vendors Vendor acknowledge that they will be subject to restrictions on the sale of shares of AXYN and the Purchaser, as the case may be, in accordance with the laws of the United States and Canada, the applicable securities regulations thereto and the terms of this Agreement. The Shares issued to the Vendors Vendor shall bear such restrictions on the face of the share certificates. The restrictions on the transfer of the common shares issued by the Purchaser pursuant to this Agreement shall be removed upon the Purchaser's compliance with applicable securities regulations in the relevant jurisdiction and in proportion to all other issued common shares of AXYN.

Share Restrictions. The Vendors acknowledge that they will be subject to restrictions on the sale of shares of AXYN and the PurchaserAXYN, as the case may be, in accordance with the laws of the United States and Canada, Canada and the applicable securities regulations thereto and the terms of this Agreementthereto. The Shares issued to the Vendors shall bear such restrictions on the face of the share certificates. The restrictions on the transfer of the common shares issued by the Purchaser AXYN pursuant to this Agreement shall be removed upon the PurchaserAXYN's compliance with applicable securities regulations in the relevant jurisdiction and in proportion to all other issued common shares of AXYN.