Held Indefinitely Sample Clauses
Held Indefinitely. The Holder acknowledges that this Warrant (and the Warrant Shares issuable upon exercise of this Warrant) must be held indefinitely unless subsequently registered under the Securities Act or an exemption from such registration is available.
Held Indefinitely. The Purchaser understands that the Option Shares must be held indefinitely unless subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. Moreover, the Purchaser understands that the Company is under no obligation to register the Option Shares. The Purchaser understands that the stock certificate(s) evidencing the Option Shares will be imprinted with a legend which prohibits the transfer of the Option
Held Indefinitely. ▇▇▇▇ further understands that the Netscape Common Stock may be disposed of only if subsequently registered under the Securities Act or if an exemption from registration is otherwise available. In addition, ▇▇▇▇ understands that the certificate(s) evidencing the Netscape Common Stock will be imprinted with a legend which prohibits the transfer of the Netscape Common Stock unless it is registered or such registration is not required in the opinion of counsel satisfactory to Netscape.
Held Indefinitely. Investor further understands that the Shares must be held indefinitely unless subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. In addition, Investor understands that the certificates(s) evidencing the Shares will be imprinted with a legend that prohibits the transfer of the Shares unless they are registered or such registration is not required in the opinion of counsel satisfactory to the Company. Such certificates will also bear any applicable legends required under state laws.
Held Indefinitely. The Seller further understands that the ----------------- Securities may be disposed of only if subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. In addition, the Seller understands that the certificate(s) evidencing the Securities will be imprinted with a legend which prohibits the transfer of the Securities unless they are registered or such registration is not required in the opinion of counsel satisfactory to Buyer.