Tradeability of Shares. The Shares constituting the Non-Cash Portion of the Purchase Price will, on and from the date of their quotation as contemplated in Section 6.2(q) above, be freely tradeable and not subject to any restrictions on transfer under NSE’s governing documents, the Corporations Act, ASX rules, applicable securities laws or otherwise.
Tradeability of Shares. The Reson common shares outstanding as of the date of this Agreement that will not be cancelled pursuant to the terms of this Agreement were offered and sold pursuant to registration under the Securities Act of 1933 and applicable state laws or exemptions from registration promulgated under such statutes and are freely tradeable by the holders thereof pursuant to the trading exemption provided by Section 4(1) of the Securities Act of 1933, provided that shares of common stock which are owned by "affiliates" may be required to be publicly sold under Rule 144 of the Securities and Exchange Commission.
Tradeability of Shares. Upon exercising any warrants hereunder, under no circumstances may Xxxxxxx sell more that 30,000 shares in any 24-hour period, at any time or for any reason. For purposes of this Agreement, a sale shall include any transfer, conveyance, margin, option, hedge, pledge, sale, or transaction of any kind. e-Med shall be entitled to a written accounting of sales of the shares at the conclusion of every month following the execution of this Agreement. The failure to provide an accurate accounting and/or the failure of Xxxxxxx to comply with this subparagraph shall render all unused warrants voidable and cancelable at the Company's discretion. Said accountings must include the original statements provided to Xxxxxxx by his designated broker. Xxxxxxx agree that he will inform any broker handling the shares or warrants under the terms of this Agreement of the limitations set forth herein and he shall provide said broker with irrevocable instructions to comply with those provisions and to provide e-Med with a copy of all documents reflecting any transaction in e-Med shares on behalf of Xxxxxxx.
Tradeability of Shares. The shareholders of Soldnet represent and warrant to Artfest that the shares of Soldnet being acquired through exchange are being acquired pursuant to this Agreement, are being acquired for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
