Common use of Transfer of Conversion Shares or Warrant Shares Stock After Registration Clause in Contracts

Transfer of Conversion Shares or Warrant Shares Stock After Registration. Purchaser hereby covenants with the Parent Company and the Subsidiary Company not to make any sale of the conversion Shares or Warrant Shares except either (i) in accordance with the Registration Statement, in which case Purchaser covenants to comply with the requirement of delivering a current prospectus, (ii) in accordance with Rule 144, in which case Purchaser covenants to comply with Rule 144, or (iii) as otherwise permitted by applicable law.

Appears in 4 contracts

Samples: Stock Securities Purchase Agreement (Commodore Environmental Services Inc /De/), Preferred Stock Securities Purchase Agreement (Commodore Environmental Services Inc /De/), Stock Securities Purchase Agreement (Commodore Environmental Services Inc /De/)

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Transfer of Conversion Shares or Warrant Shares Stock After Registration. Purchaser hereby covenants with the Parent Company and the Subsidiary Company not to make any sale of the conversion Conversion Shares or Warrant Shares except either (i) in accordance with the Registration Statement, in which case Purchaser covenants to comply with the requirement of delivering a current prospectus, (ii) in accordance with Rule 144, in which case Purchaser covenants to comply with Rule 144, or (iii) as otherwise permitted by applicable law.

Appears in 1 contract

Samples: Series a Preferred Stock and Warrant Purchase Agreement (Kti Inc)

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Transfer of Conversion Shares or Warrant Shares Stock After Registration. Purchaser hereby covenants with the Parent Company and the Subsidiary Company not to make any sale of the conversion Conversion Shares or Warrant Shares except either (i) in accordance with the Registration Statement, in which case Purchaser covenants to comply with the requirement of delivering a current prospectus, (ii) in accordance with Rule 144, in which case Purchaser covenants to comply with Rule 144, or (iii) as otherwise permitted by applicable law.

Appears in 1 contract

Samples: Stock Securities Purchase Agreement (Commodore Environmental Services Inc /De/)

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