Common use of Subsequent Offers and Sales Clause in Contracts

Subsequent Offers and Sales. All subsequent offers and sales of the Securities by ComVest shall be made pursuant to an effective registration statement under the Securities Act or pursuant to an applicable exemption from such registration; with any offers and sales which are being made pursuant to an applicable exemption from registration being accompanied by a customary legal opinion obtained by ComVest, which legal opinion shall be reasonably satisfactory to the Company and the Company's legal counsel.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Fischer Imaging Corp), Note and Warrant Purchase Agreement (Fischer Imaging Corp)

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Subsequent Offers and Sales. All subsequent offers and sales of the Securities by ComVest the Purchaser shall be made pursuant to an effective registration statement under the Securities Act or pursuant to an applicable exemption from such registration; with any offers and sales which are being made pursuant to an applicable exemption from registration being accompanied by a customary legal opinion obtained by ComVestthe Purchaser, which legal opinion shall be reasonably being satisfactory to the Company and the Company's ’s legal counsel.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Acclaim Entertainment Inc)

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Subsequent Offers and Sales. All subsequent offers and sales of the Securities Notes by ComVest such Purchaser shall be made pursuant to an effective registration statement under the Securities Act or pursuant to an applicable exemption from such registration; with any offers and sales which are being made pursuant to an applicable exemption from registration being accompanied by a customary legal opinion obtained by ComVestsuch Purchaser, which legal opinion shall be reasonably satisfactory to the Company and the Company's legal counsel.

Appears in 1 contract

Samples: Secured Note Purchase Agreement (China Granite Corp)

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