Application of Securities Laws. No shares of Common Stock may be ------------------------------ purchased pursuant to the Option unless and until any then applicable requirements of the Securities and Exchange Commission, the California Department of Corporations and any other regulatory agencies, including any other state securities law commissioners having jurisdiction over the Company or such issuance, and any exchanges upon which the Common Stock may be listed, shall have been fully satisfied. The Optionee represents, agrees and certifies that:
Application of Securities Laws. (a) No shares of Common Stock may be purchased pursuant to the Option unless and until any then applicable requirements of the Commission, and any other regulatory agencies, including any other state securities agencies having jurisdiction over the Corporation or such issuance, and any exchanges upon which the Common Stock may be listed, shall have been fully satisfied. The Participant represents, agrees and certifies that:
Application of Securities Laws. (a) No shares of Common Stock may be purchased pursuant to the Option unless and until any then applicable requirements of the Securities and Exchange Commission and any other regulatory agencies, including any other state securities law commissioners having jurisdiction over Tracker or such issuance, and any exchanges upon which the Common Stock may be listed, shall have been fully satisfied. The Participant represents, agrees and certifies that if the Participant exercises the Option in whole or in part, the Participant will acquire the Common Stock issuable upon such exercise for the purpose of investment and not with a view to resale or distribution and that, as a condition to each such exercise, he will furnish to Tracker a written statement to such effect, satisfactory in form and substance to Tracker.
Application of Securities Laws. The Parties acknowledge that the transactions contemplated pursuant to this Article 4, including the issuance and resale of Common Shares and Convertible Securities, are subject to the Xxxxxxx Xxxxxxx Policy, applicable Securities Laws and the rules, policies and determinations of the Exchanges, which may impose restrictions on the issuance and resale of the securities acquired by the Investor hereunder. In particular, the Parties acknowledge that the transactions contemplated pursuant to this Article 4 may be subject to applicable Securities Laws regarding “related party transactions”. Notwithstanding anything else in this Agreement, the Parties agree that, if as a result of complying with such Securities Laws, the time periods provided herein cannot be practicably complied with, such time periods shall be deemed not to apply to the applicable transaction and the Parties shall use commercially reasonable efforts to complete the transactions contemplated and intended to be carried out herein in as expeditious a manner as is practical in order to comply with such applicable Securities Laws.
Application of Securities Laws. (a) No shares of Common Stock may be purchased pursuant to the Option unless and until any then applicable requirements of the Securities and Exchange Commission and any other regulatory agencies, including any other state securities law commissioners having jurisdiction over SurfNet or such issuance, and any exchanges upon which the Common Stock may be listed, will have been fully satisfied. The Participant represents, agrees and certifies that if the Participant exercises the Option in whole or in part, the Participant will acquire the Common Stock issuable upon such exercise for the purpose of investment and not with a view to resale or distribution and that, as a condition to each such exercise, he will furnish to SurfNet a written statement to such effect, satisfactory in form and substance to SurfNet.
Application of Securities Laws. (a) No shares of Common Stock may be issued pursuant to the Award or subsequently offered for sale unless and until any then applicable requirements of the Securities and Exchange Commission (the "Commission"), the California Commissioner of Corporations or any other regulatory agency having jurisdiction and any exchanges upon which the Common Stock may be listed shall have been fully complied with. Upon the Corporation's request, the Participant, or any other person entitled to such shares of Common Stock pursuant to the Award, shall provide written assurance of such compliance satisfactory to the Corporation.
Application of Securities Laws. (a) No shares of Stock may be purchased pursuant to the Option unless and until any then applicable requirements of the Securities and Exchange Commission and any other regulatory agency, including any state securities law commissioner having jurisdiction over the Corporation or such issuance, and any exchange upon which Stock is listed, shall have been fully satisfied. The Participant represents, agrees and certifies that if the Participant exercises the Option, in whole or in part, the Participant will acquire the Stock issuable upon such exercise for the purpose of investment and not with a view to resale or distribution and that, as a condition to each such exercise, the Participant will furnish to the Corporation a written statement to such effect, satisfactory in form and substance to the Corporation.
Application of Securities Laws. The transfer of shares of CBC Common Stock pursuant to this Agreement is subject to all applicable federal and state laws, rules and regulations and to such approvals by any regulatory or governmental agency, including, without limitation, "no action" positions of the Securities and Exchange Commission (the "Commission"), which may be necessary or advisable in connection therewith. Without limiting the generality of the foregoing, no shares of CBC Common Stock may be purchased pursuant to the Option unless and until any then applicable requirements of the Commission, the California Department of Corporations and any other regulatory agencies (including any other state securities law commissioners having jurisdiction over the transfer) and any exchange upon which the CBC Common Stock may be listed, shall have been fully satisfied.
Application of Securities Laws. Pledgor recognizes that Lender's ability to effect a public sale of all or a part of the Pledged Securities may be limited by reason of certain prohibitions contained in the Securities Act of 1933, as amended, as now or hereafter in effect, the Securities Exchange Act of 1934, as amended, as now or hereafter in effect, or in applicable Blue Sky or other state securities laws, as now or hereafter in effect, and Lender may be compelled to resort to one or more private sales of the Pledged Securities to a restricted group of purchasers who may be obliged to agree, among other things, to acquire such Pledged Securities for their own account, for investment and not with a view to the distribution or resale thereof. Pledgor agrees that private sales so made may be at prices and other terms less favorable than if such Pledged Securities were sold at public sales, and that Lender has no obligation to delay sale of any such Pledged Securities for the period of time necessary to permit the issuer of such Pledged Securities, even if such issuer would agree, to register such Pledged Securities for public sale under such applicable securities laws. Pledgor agrees that private sales made under the foregoing circumstances shall be deemed to have been made in a commercially reasonable manner.
Application of Securities Laws. Each Party hereby acknowledge that each is aware, and agrees that each will ensure that its Personnel to whom any Confidential Information is disclosed are also aware, of the general nature of applicable securities laws, including, without limitation, all applicable securities laws which may prohibit any Person that has material, non-public information concerning the matters which are the subject of this Article, from trading in securities of a Person which may be party to a transaction of the type contemplated by the Work, or from communicating such information to other Persons under circumstances in which it is reasonably foreseeable that such other Person is likely to purchase or sell such securities.
