Future Sale definition
Examples of Future Sale in a sentence
Such Selling Stockholder does not have any registration or other similar rights to have any equity or debt securities registered for sale by the Company under the Registration Statement or included in the offering contemplated by this Agreement, except for such rights as are described in the Prospectus under "Shares Eligible for Future Sale".
VPI shall have three (3) days after receipt of such notice by VPI in which to arrange for a private sale of such shares through one or more of the Underwriters, and such STOCKHOLDER may not make the Future Sale except pursuant to such arrangements; provided, however, that the terms of such sale (including commissions) are at least as favorable as the terms the STOCKHOLDER would have received in the absence of this Section 15.
Such Selling Shareholder does not have any registration or other similar rights to have any equity or debt securities registered for sale by the Company under the Registration Statement or included in the offering contemplated by this Agreement, except for such rights as are described in the Prospectus under "Shares Eligible for Future Sale".
If any Seller desires to make a Future Sale, the Seller shall first give written notice thereof to TSI.
Within two (2) business days after such notice is given to TSI, TSI shall designate in writing to the Seller the names and other pertinent information of at least two investment banks or market makers who actively make a market of TSI's stock and through whom the Future Sale may be made (subject to the volume restrictions in (I) above).
The Selling Shareholder does not have any registration or other similar rights to have any equity or debt securities registered for sale by the Company under the Registration Statement or included in the offering contemplated by this Agreement, except for such rights as are described in the Prospectus under "Shares Eligible for Future Sale".
The information in the Prospectus under the caption "Shares Eligible for Future Sale," to the extent that it constitutes matters of law or legal conclusions, has been reviewed by such counsel, is correct and presents fairly the information required to be disclosed therein under the 1933 Act and the 1933 Act Regulations.
We have not independently verified and accordingly are not passing upon and do not assume any responsibility for the accuracy, completeness or fairness of the statements contained in the Registration Statement or the Prospectus (other than the statements made in the Prospectus under the captions "Description of Capital Stock" and "Shares Eligible for Future Sale," insofar as such statements relate to the Stock and concern legal matters), and any supplements or amendments thereto.
Potential Future Sale of Shares of National Oilwell Could Affect Its Market Price Future sales of shares of National Oilwell by stockholders or option holders could have a negative effect on the market price of National Oilwell stock.
See the section of this prospectus captioned [“Shares Eligible for Future Sale — Registration Rights.”] Certain of our stockholders have entered into lock-up agreements.