Stop Transfer Orders; Suspension of Qualification. The Purchaser shall not make any notation on its records or give instructions to any transfer agent of the Purchaser which enlarge the restrictions of transfer imposed by law. The Purchaser will advise the Seller, promptly after the Purchaser receives notice of issuance by the SEC, any state securities commission or any other regulatory authority of any stop order or of any order preventing or suspending the use of any offering of any securities of the Purchaser, or of the suspension of the qualification of the Subject Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any such purpose.
Appears in 2 contracts
Samples: Asset Purchase and Sale Agreement (Encore Ventures Inc), Asset Purchase and Sale Agreement (Too Gourmet Inc)
Stop Transfer Orders; Suspension of Qualification. The Purchaser ------------------------------------------------------------ shall not make any notation on its records or give instructions to any transfer agent of the Purchaser which enlarge the restrictions of transfer imposed by law. The Purchaser will advise the Seller, promptly after the Purchaser receives notice of issuance by the SEC, any state securities commission or any other regulatory authority of any stop order or of any order preventing or suspending the use of any offering of any securities of the Purchaser, or of the suspension of the qualification of the Subject Securities Shares for offering or sale in any jurisdiction, or the initiation of any proceeding for any such purpose.
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement (Universal Broadband Communications Inc)
Stop Transfer Orders; Suspension of Qualification. The Purchaser ------------------------------------------------------------ shall not make any notation on its records or give instructions to any transfer agent of the Purchaser which enlarge the restrictions of transfer imposed by law. The Purchaser will advise the Seller, promptly after the Purchaser receives notice of issuance by the SEC, any state securities commission or any other regulatory authority of any stop order or of any order preventing or suspending the use of any offering of any securities of the Purchaser, or of the suspension of the qualification of the Subject Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any such purpose.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Universal Broadband Communications Inc)