Common use of LEGALITY OF INITIAL ISSUANCE Clause in Contracts

LEGALITY OF INITIAL ISSUANCE. No Shares will be issued in accordance with Section 3 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any Applicable Law has been satisfied.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Bank7 Corp.), Restricted Stock Unit Award Agreement (Spirit of Texas Bancshares, Inc.), Restricted Stock Unit Award Agreement (South Plains Financial, Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares will be issued in accordance with Section 3 of this Award Agreement unless and until the Committee Administrator has determined that: (ia) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (iib) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has listed, if any, have been satisfied; and (iiic) any other applicable provision of any Applicable Law Laws has been satisfied.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Sunlight Financial Holdings Inc.), Restricted Stock Unit Award Agreement (Sunlight Financial Holdings Inc.), Restricted Stock Unit Award Agreement (Spartan Acquisition Corp. II)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 2 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any Applicable Law state or U.S. federal law or other applicable law has been satisfied.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (LGI Homes, Inc.), Restricted Stock Unit Award Agreement (Warren Resources Inc)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 2 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any state or U.S. federal law or other Applicable Law has been satisfied.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Tapstone Energy Inc.), Restricted Stock Unit Award Agreement (Tapstone Energy Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 4 of this Award Agreement unless and until the Committee Board has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any state or U.S. federal law or other Applicable Law has been satisfied.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Basic Energy Services Inc)

LEGALITY OF INITIAL ISSUANCE. No Shares will shall be issued in accordance with Section 3 of this Award Agreement unless and until the Committee has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has been satisfied; and (iii) any other applicable provision of any Applicable Law state or U.S. federal law or other applicable law has been satisfied.

Appears in 1 contract

Sources: Performance Share Unit Award (LGI Homes, Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares will be issued in accordance with Section 3 of this Award Agreement unless and until the Committee Administrator has determined that: (i) the Company and the Participant have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed has listed, if any, have been satisfied; and (iii) any other applicable provision of any Applicable Law Laws has been satisfied.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Sunlight Financial Holdings Inc.)