Common use of Non-Transferrable Clause in Contracts

Non-Transferrable. The Lender agrees: (i) that the Lender will not sell, assign, pledge, give, transfer or otherwise dispose of the Notes, the Warrant or Conversion Shares or any interest therein, or make any offer or attempt to do any of the foregoing, except pursuant to a registration of the Notes, the Warrant and Conversion Shares under the Securities Act and all applicable State Securities Laws, or in a transaction which is exempt from the registration provisions of the Securities Act and all applicable State Securities Laws, (ii) that the certificates representing the Notes will bear a legend making reference to the foregoing restrictions, and (iii) that the Company and its Affiliates shall not be required to give effect to any purported transfer of such the Notes, the Warrant and Conversion Shares except upon compliance with the foregoing restrictions.

Appears in 2 contracts

Sources: Loan Agreement (Momentus Inc.), Loan Agreement (Phoenix Motor Inc.)

Non-Transferrable. The Lender agrees: (i) that the Lender will not sell, assign, pledge, give, transfer or otherwise dispose of the Notes, the Warrant any Note or Conversion Shares or any interest therein, or make any offer or attempt to do any of the foregoing, except pursuant to a registration of the Notes, the Warrant such Note and Conversion Shares under the Securities Act and all applicable State Securities LawsLaws and Canadian securities laws, or in a transaction which is exempt from the registration provisions of the Securities Act 21 and all applicable State Securities LawsLaws and Canadian securities laws, (ii) that the certificates representing the Notes each Note will bear a legend making reference to the foregoing restrictions, and (iii) that the Company and its Affiliates shall not be required to give effect to any purported transfer of such the Notes, the Warrant any Note and Conversion Shares except upon compliance with the foregoing restrictions.

Appears in 1 contract

Sources: Loan Agreement (Gold Flora Corp.)

Non-Transferrable. The Lender agrees: (i) that the Lender will not sell, assign, pledge, give, transfer or otherwise dispose of the NotesNote, the Warrant Commitment Shares or Conversion Shares or any interest therein, or make any offer or attempt to do any of the foregoing, except pursuant to a registration of the NotesNote, the Warrant Commitment Shares and Conversion Shares under the Securities Act and all applicable State Securities Laws, or in a transaction which is exempt from the registration provisions of the Securities Act and all applicable State Securities Laws, (ii) that the certificates representing the Notes Note will bear a legend making reference to the foregoing restrictions, and (iii) that the Company and its Affiliates shall not be required to give effect to any purported transfer of such the NotesNote, the Warrant Commitment Shares and Conversion Shares except upon compliance with the foregoing restrictions.

Appears in 1 contract

Sources: Loan Agreement (Vivakor, Inc.)

Non-Transferrable. The Lender agrees: (i) that the Lender will not sell, assign, pledge, give, transfer or otherwise dispose of the NotesNote, the Warrant or Conversion Shares or any interest therein, or make any offer or attempt to do any of the foregoing, except pursuant to a registration of the NotesNote, the Warrant and Conversion Shares under the Securities Act and all applicable State Securities Laws, or in a transaction which is exempt from the registration provisions of the Securities Act and all applicable State Securities Laws, (ii) that the certificates representing the Notes Note will bear a legend making reference to the foregoing restrictions, and (iii) that the Company and its Affiliates shall not be required to give effect to any purported transfer of such the NotesNote, the Warrant and Conversion Shares except upon compliance with the foregoing restrictions.

Appears in 1 contract

Sources: Loan Agreement (Momentus Inc.)