Common use of Transfers without Registration Clause in Contracts

Transfers without Registration. If an Investor provides the Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such Investor of any Securities is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 4 contracts

Samples: Series B Preferred Stock and Warrants Purchase Agreement (Interactive Telesis Inc), Series B Preferred Stock and Warrants Purchase Agreement (Interactive Telesis Inc), Series a Preferred Stock and Warrants Purchase Agreement (Galaxy Nutritional Foods Co)

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Transfers without Registration. If an Investor provides the Company with an opinion of counsel, in generally counsel reasonably acceptable formto the Company, that registration of a resale by such Investor of any Securities Conversion Shares or Warrant Shares is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, and promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 3 contracts

Samples: Note Purchase Agreement (Datatec Systems Inc), Note Purchase Agreement (Datatec Systems Inc), Subordinated Secured Convertible Debentures and Warrants Purchase Agreement (Datatec Systems Inc)

Transfers without Registration. If an the Investor provides the Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such the Investor of any Securities is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such the Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Accident Prevention Plus Inc), Securities Purchase Agreement (DBS Industries Inc), Securities Purchase Agreement (BioMETRX)

Transfers without Registration. If an the Investor provides the Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such the Investor of any Securities is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Warrant Shares, promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such the Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BioMETRX), Securities Purchase Agreement (BioMETRX)

Transfers without Registration. If an the Investor provides the Company with an opinion of counsel, in a form generally acceptable formto the Company, that registration of a resale by such the Investor of any Securities Conversion Shares or Warrant Shares is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, and promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such the Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 2 contracts

Samples: 8% Series C Unsecured Convertible Debenture and Warrants Purchase Agreement (Airtrax Inc), 8% Series B Unsecured Convertible Debenture and Warrants Purchase Agreement (Airtrax Inc)

Transfers without Registration. If an Investor provides the Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such Investor of any Securities Conversion Shares or Warrant Shares is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, and promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 1 contract

Samples: Convertible Preferred Stock and Warrants Purchase Agreement (Atlantic Technology Ventures Inc)

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Transfers without Registration. If an Investor provides the ------------------------------ Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such Investor of any Securities is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stan Lee Media Inc)

Transfers without Registration. If an Investor provides the Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such Investor of any Securities is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Common Shares, the Repricing Shares or the Warrant Shares, promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 1 contract

Samples: Securities Purchase Agreement (Interactive Telesis Inc)

Transfers without Registration. If an Investor provides the Company with an opinion of counsel, in generally acceptable form, that registration of a resale by such Investor of any Securities is not required under the Securities Act, the Company shall permit the transfer and, in the case of the Conversion Shares, and promptly instruct its transfer agent to issue one or more certificates in such name and in such denominations as specified by such Investor and, if such opinion provides that such legends can be removed, without any restrictive legends.

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Galaxy Nutritional Foods Co)

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