Limitation on Disposition. This Option and the shares of Common Stock underlying this Option have not been registered under the Securities Act of 1933, as amended (the "Act"), or under applicable state securities laws and, therefore, cannot be sold, assigned, or otherwise transferred unless subsequently registered under the Act and under applicable state securities laws or an exemption from such registration is then available. The Optionee hereby agrees that it will not sell, assign or transfer this Option or the shares of Common Stock underlying this Option unless they are registered under the Act and under applicable state securities laws or an exemption from such registration is then available, according to a legal opinion reasonably acceptable to the Company.
Limitation on Disposition. The Borrower will not, and will not permit the Restricted Subsidiaries to make any Disposition, except that:
Limitation on Disposition. Purchaser shall not sell, assign or ------------------------- otherwise transfer any Shares received hereunder until such time as the Shares become registered pursuant to an effective registration statement. Once the Shares received hereunder are registered pursuant to an effective registration statement, Purchaser shall not sell, assign or otherwise transfer more than fifteen percent (15%) per month of such Shares originally recieved hereunder.
Limitation on Disposition. Notwithstanding the rights and remedies given to Bank in Section 7 and otherwise herein to dispose of Pledged Bonds, Pledgor consents that upon an Event of Default under the Agreement, Bank may tender any Pledged Bonds to the Trustee for cancellation, and Pledgor agrees that such tender shall not constitute a disposition of collateral for purposes of UCC Section 9-504, but shall constitute a simple reduction in the contingent obligations of Pledgor to Bank.
Limitation on Disposition i. Contractor shall not sublet, sell, donate, loan, assign or otherwise dispose of any of its rights to this Contract or to Contracted Water without prior written notice to, and the written approval of, the River District and the payment of a transfer fee at the prevailing rate set forth in the Water Marketing Policy. The River District’s approval of such disposition shall be granted in all instances in which the Contractor is transferring the water system which supplies the Contracted Water, or a permanent transfer of the Contract is to be made to a successor in interest of Contractor by reason of the transfer of the title or other legal right to use the property served by the Contracted Water, or where the transfer is made to an entity such as a homeowners’ association or special district created to serve the property originally represented to the River District to be served with the Contracted Water.
Limitation on Disposition. The Investor will not, without the consent of the Company, sell, transfer or otherwise dispose of the Shares or Warrants for a period of six months after the Closing Date except (i) to one or more of its Affiliates, or (ii) to any institutional investor purchasing all of the Shares and Warrants then held by the Investor (or if not all such Shares and Warrants, Shares and/or Warrants representing at least 20,000 Ordinary Shares (assuming exercise of the Warrants)); provided that any such transferee, as a condition to such transfer, shall agree to be bound by the provisions of this Section 8.
Limitation on Disposition. 18 SECTION 9. COVENANTS.........................................................................................18
Limitation on Disposition. 50 Section 10.10.
Limitation on Disposition. Debtor will not sell, transfer, lease or otherwise dispose of any of the Collateral to the Banks or anyone else (except inventory sold in the ordinary course of its business, except for the sale of old and obsolete Collateral in connection with the replacement thereof, and, on an annual basis, except for Collateral having an aggregate value of less than $1,000,000), or attempt to offer or contract to do so without the prior written consent of Secured Party.
Limitation on Disposition. The Parent Borrower will not, and will not permit the Restricted Subsidiaries to make any Disposition, except that (in each subject to the requirements set forth in the last sentence of this Section 10.4, if applicable):
