Common use of Termination of Restrictions Clause in Contracts

Termination of Restrictions. The restrictions imposed by this section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1.

Appears in 4 contracts

Samples: Banque Paribas, Banque Paribas, Granite Broadcasting Corp

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Termination of Restrictions. The restrictions imposed by this section Section 9 upon the transferability of Restricted Securities Securi ties shall cease and terminate as to any particular Restricted Securities (a) when such securities Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 9.1 hereof.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Picower Jeffry M), Stock Purchase Agreement (Physician Computer Network Inc /Nj), Physician Computer Network Inc /Nj

Termination of Restrictions. The restrictions imposed by this section 9 Section 6 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for thereof, reasonably satisfactory to the Company, such restrictions are no longer required in order to insure compliance with the Securities Act. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new certificates for such securities of like tenor not bearing the applicable legends required by section 9.1Section 6.3.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Magellan Health Services Inc), Stock Purchase Agreement (Magellan Health Services Inc), Stock Purchase Agreement (Magellan Health Services Inc)

Termination of Restrictions. The restrictions imposed by this section 9 Section 7 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 7.1 hereof.

Appears in 3 contracts

Samples: Datatec Systems Inc, Warrant And (Gold Bond Resources Inc), Warrant And (Gold Bond Resources Inc)

Termination of Restrictions. The restrictions imposed by this section 9 Section 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such securities which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 12 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 10.1 hereof.

Appears in 2 contracts

Samples: Warrant And (Ariba Inc), Warrant And (Ariba Inc)

Termination of Restrictions. The restrictions imposed by this section 9 Section 8 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder Holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 8.1 hereof.

Appears in 2 contracts

Samples: Common Stock Purchase (Debt Resolve Inc), Debt Resolve Inc

Termination of Restrictions. The restrictions imposed by this section 9 Section 8 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder Holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 8.1 hereof.

Appears in 2 contracts

Samples: Common Stock Purchase (Crossroads Systems Inc), Clearsign Combustion Corp

Termination of Restrictions. The restrictions imposed by this section Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, when such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 9.1 hereof or otherwise.

Appears in 1 contract

Samples: Americredit Corp

Termination of Restrictions. The One year after the Base Date, the restrictions imposed by this section Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 9.1 hereof.

Appears in 1 contract

Samples: Underwriter Warrant (Clearsign Combustion Corp)

Termination of Restrictions. The restrictions imposed by this --------------------------- section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such securities - shall have been effectively registered under the Securities Act, or (b) when, in - the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1.

Appears in 1 contract

Samples: Synbiotics Corp

Termination of Restrictions. The restrictions imposed by this section Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof Holder and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 9.1 hereof or otherwise.

Appears in 1 contract

Samples: Warrant (Americredit Corp)

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Termination of Restrictions. The restrictions imposed by this section 9 Section 7.02 upon the transferability of the Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such and any securities shall have been effectively registered under the Securities Act, issued in exchange therefor or (b) upon transfer thereof when, in the opinions opinion of both counsel for the holder thereof and counsel for reasonably acceptable to the Company, such restrictions are no longer required in order to insure assure compliance with the Securities Act, or when such Restricted Securities have been registered under the Securities Act. Whenever any of such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any)expense, new securities of like tenor certificates not bearing the applicable legends required by section 9.1legend set forth in Section 7.02(a).

Appears in 1 contract

Samples: Unit Purchase Agreement (Metrocall Inc)

Termination of Restrictions. The restrictions imposed by this section 9 8 --------------------------- upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such securities shall have been effectively registered under the Securities Act, Act or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for thereof, which opinion shall be reasonably satisfactory to the Company, such restrictions are no longer required in order to insure compliance with the Securities Act. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.18.1.

Appears in 1 contract

Samples: Jp Foodservice Inc

Termination of Restrictions. The restrictions imposed by this section 9 Section 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 11 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 10.1 hereof.

Appears in 1 contract

Samples: Whitewing Environmental Corp

Termination of Restrictions. The restrictions imposed by this section 9 upon the transferability of Restricted Securities the Warrant and the Warrant Shares shall cease and terminate as to the Warrant and any particular Restricted Securities Warrant Shares (a) when such securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act. Whenever such restrictions shall cease and terminate as to the Warrant and any Restricted SecuritiesWarrant Shares, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1.

Appears in 1 contract

Samples: Option Agreement (NKK Usa Corp)

Termination of Restrictions. The restrictions imposed by this section Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 9.1 hereof.

Appears in 1 contract

Samples: Placement Agent Warrant (ClearSign Technologies Corp)

Termination of Restrictions. The restrictions imposed by this section 9 Section 6 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities (a) when such securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Companythereof, such restrictions are no longer required in order to insure compliance with the Securities ActAct (including Rule 144). Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 6.1.

Appears in 1 contract

Samples: Precision Response Corp

Termination of Restrictions. The restrictions imposed by this section 9 Section 8 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities Securities: (a) when such securities which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities ActAct or Section 9 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the holder Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer fees and taxes, if any), new securities of like tenor not bearing the applicable legends required by section 9.1Section 8.1 hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dais Analytic Corp)

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