Stock Transfer. The Purchaser is aware that stop-transfer instructions will be given to the transfer agent of the common stock of the Corporation to prevent any unauthorized or illegal transfer of the Shares.
Stock Transfer. As additional consideration, the Purchase Price shall include the issuance of 1,250,000 Shares, subject to such conditions as may be imposed by the rules and regulations of the United States Securities and Exchange Commission, as follows:
(1) Five Hundred Thousand (500,000) Shares on execution of this Agreement;
(2) Two Hundred Fifty Thousand (250,000) Shares on or before the date one year from the Effective Date of this Agreement; and
(3) Two Hundred Fifty Thousand (250,000) Shares on or before the date two years from the Effective Date of this Agreement.
(4) Two Hundred Fifty Thousand (250,000) Shares on or before the date three years from the Effective Date of this Agreement; provided, further, that NECA undertakes the obligation to perform any filings or other actions required to timely complete the stock transfers specified above.
Stock Transfer. If Tenant or Guarantor is a privately-held corporation or a partnership, then any event which results in a change in control of Tenant or Guarantor, or any change in the ownership or structure of Tenant or Guarantor which results in a change in management of Tenant or Guarantor, shall be deemed a prohibited Transfer under this Section 25.
Stock Transfer. 2.1 In accordance with the terms and conditions of this Agreement, the Sellers as the beneficial owner of the Sale Shares shall sell, and the Purchaser shall in accordance with the covenants of this Agreement purchase the same and pay the consideration set out in this Agreement for the purchase of the Sale Shares free from pledge or mortgage or other encumbrances which shall include without limitation all rights to share dividends as may be declared or distributed on or after the date of this Agreement.
Stock Transfer. As soon as practicable after the Purchase Price is paid to the Corporation, Corporation shall cause the Corporation to have Buyer recorded on the stock transfer books of the Corporation as the owner of the Shares, and Corporation shall transfer to Buyer one or more duly issued stock certificates evidencing such ownership.
Stock Transfer. At Closing, the stock transfer books of Target shall be closed, and thereafter no transfers of shares of Target Capital Stock shall be made or consummated.
Stock Transfer. The Undersigned is aware that stop-transfer instructions may be given to the transfer agent of the common stock of the Company to prevent any unauthorized or illegal transfer of the Securities.
Stock Transfer. If Tenant or any Guarantor is a privately-held corporation, then each of the following events shall be deemed a prohibited Transfer under this Section 25 if such event results in a change in control of Tenant or Guarantor: any transfer of Tenant's or Guarantor's issued and outstanding capital stock; any issuance of additional capital stock; or the redemption of any issued and outstanding stock. If Tenant or any Guarantor is a partnership, any Transfer of any interest in the partnership or any other change in the composition of the partnership, which results in a change in management of Tenant or Guarantor from the person or persons managing the partnership as of the date hereof, shall be deemed a prohibited Transfer under this Section 25.
Stock Transfer. If Tenant or any Guarantor is a privately-held corporation, then each of the following events shall be deemed a prohibited Transfer under this Section 25 if such event results in a change in control of Tenant or Guarantor: any transfer of Tenant's or Guarantor's issued and outstanding capital stock; any issuance of additional capital stock; or the redemption of any issued and outstanding stock. If Tenant or any Guarantor is a partnership, any Transfer of any interest in the partnership or any other change in the composition of the partnership, which results in a change in management of Tenant or Guarantor from the person or persons managing the partnership as of the date hereof, shall be deemed a prohibited Transfer under this Section 25. Notwithstanding the foregoing, Landlord shall not unreasonably withhold its consent to a transfer or change of ownership of the voting corporate stock of Tenant which results in a change in control of Tenant, provided that (a) the net assets of the Tenant are not substantially decreased by the change in the corporate stock ownership; (b) Tenant, on demand from Landlord, properly documents any changes in the net assets of Tenant caused by the change in control of Tenant, so that Landlord can make an accurate judgment as to (a) hereof; and (c) Tenant, after the change in control, continues to use the Premises for uses permitted under this Lease and operates its business in a manner which is consistent with the standards of operation for this Building. The foregoing does not constitute a waiver of the right of Landlord to consent to any subletting or any assignment.
Stock Transfer. In consideration of the rights and licenses granted by ISI to Hxxxxx under this Cross License, Hxxxxx will issue to ISI Five Hundred Thousand (500,000) shares of Hxxxxx’x Series B Preferred Stock pursuant to and in accordance with the terms of the Share Transfer Agreement entered into by the Parties, the form of which is set forth in Exhibit A.
