Irrevocable Instructions. Subject to the provisions of Section 2.5, the Company will irrevocably instruct its transfer agent to issue securities from time to time in such amounts as shall be required hereunder and as specified from time to time by the Company to the transfer agent, registered in the name of Purchaser or its nominee and in such denominations to be specified by Purchaser in connection with each closing hereunder. The Company warrants that no instruction other than such instructions referred to in this Section 8 will be given by the Company to the transfer agent and that the securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement. Nothing in this Section 8 shall affect in any way Purchaser's obligations and agreement to comply with all applicable securities laws upon resale of the Securities.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (3si Holdings Inc), Common Stock Purchase Agreement (World Shopping Network Inc/Nv)