Common use of Removal of Legend and Transfer Restrictions Clause in Contracts

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a) and the stop transfer instructions with respect to such legended Securities shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, if such Securities are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k).

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (Itec Environmental Group Inc), Common Stock Purchase Agreement (Itec Environmental Group Inc), Asset Purchase Agreement (Imarx Therapeutics Inc)

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Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a6.9(1) and the stop transfer instructions with respect to such legended Securities legend Shares shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, Shares if such Securities Shares are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Salon Media Group Inc), Securities Purchase Agreement (Salon Media Group Inc)

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a) Section 6.1 and the stop transfer instructions with respect to such legended Securities Shares shall be removed, and the Company shall issue a certificate without such legend to the holder of such Securities, Shares if such Securities Shares are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Computerized Thermal Imaging Inc)

Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a3.5(a) and the stop transfer instructions with respect to such legended Securities shall be removed, and the Company Novo shall issue a certificate without such legend to the holder of such Securities, Securities if such Securities are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k)144.

Appears in 1 contract

Samples: Stock Purchase Agreement (Novo Mediagroup Inc)

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Removal of Legend and Transfer Restrictions. Any legend endorsed on a certificate pursuant to subsection 7.2(a4.5(a) and the stop transfer instructions with respect to such legended Securities shall be removed, and the Company Novo shall issue a certificate without such legend to the holder of such Securities, Securities if such Securities are registered under the Securities Act and a prospectus meeting the requirements of Section 10 of the Securities Act is available or if such holder satisfies the requirements of Rule 144(k)144.

Appears in 1 contract

Samples: Share Exchange Agreement (Novo Mediagroup Inc)

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