Common use of Requirement of Law Clause in Contracts

Requirement of Law. In the event the shares issuable on exercise of this Warrant are not registered under the Securities Act of 1933, Weatherford may imprint on the certificate for such shares the followxxx xxxxxx or any other legend which counsel for Weatherford considers necessary or advisable to comply with Securitiex Xxx xx 0033: The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may not be sold or transferred except upon such registration or upon receipt by the Corporation of an opinion of counsel satisfactory to the Corporation, in form and substance satisfactory to the Corporation, that registration is not required for such sale or transfer. The Company may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company shall not be obligated to take any other affirmative action in order to cause the exercise of this Warrant or the issuance of shares of Common Stock pursuant thereto to comply with any law or regulation of any governmental authority.

Appears in 1 contract

Samples: Warrant (Weatherford International Inc /New/)

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Requirement of Law. In the event the shares issuable on exercise of this Warrant the Option are not registered under the Securities Act of 1933, Weatherford may Weatxxxxxxx xxx imprint on the certificate for such shares the followxxx xxxxxx following legend or any other legend which counsel for Weatherford considers Weatxxxxxxx xxxsiders necessary or advisable to comply with Securitiex Xxx xx 0033Securities Act of 1933: The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may not be sold or transferred except upon such registration or upon receipt by the Corporation of an opinion of counsel satisfactory to the Corporation, in form and substance satisfactory to the Corporation, that registration is not required for such sale or transfer. The Company may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company shall not be obligated to take any other affirmative action in order to cause the exercise of this Warrant the Option or the issuance of shares of Common Stock pursuant thereto to comply with any law or regulation of any governmental authority.

Appears in 1 contract

Samples: Stock Option Agreement (Weatherford International Inc /New/)

Requirement of Law. In the event the shares issuable on exercise of this Warrant the Option are not registered under the Securities Act of 1933, Weatherford may imprint on the certificate for such shares the followxxx xxxxxx or any other legend which counsel for Weatherford considers necessary or advisable to comply with Securitiex Xxx xx 0033: The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may not be sold or transferred except upon such registration or upon receipt by the Corporation of an opinion of counsel satisfactory to the Corporation, in form and substance satisfactory to the Corporation, that registration is not required for such sale or transfer. The Company may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company shall not be obligated to take any other affirmative action in order to cause the exercise of this Warrant the Option or the issuance of shares of Common Stock pursuant thereto to comply with any law or regulation of any governmental authority.

Appears in 1 contract

Samples: Stock Option Agreement (Weatherford International Inc /New/)

Requirement of Law. (a) In the event the shares issuable on exercise of this Warrant are not registered under the Securities Act of 1933, Weatherford may imprint on the certificate for such shares the followxxx xxxxxx following legend or any other legend which counsel for Weatherford considers necessary or advisable to comply with Securitiex Xxx xx 0033Securities Act of 1933: The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may not be sold or transferred except upon such registration or upon receipt by the Corporation of an opinion of counsel satisfactory to the Corporation, in form and substance satisfactory to the Corporation, that registration is not required for such sale or transfer. The Company Weatherford may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company Weatherford shall not be obligated to take any other affirmative action in order to cause the exercise of this the Warrant or the issuance of shares of Common Stock pursuant thereto to comply with any law or regulation of any governmental authority.

Appears in 1 contract

Samples: Warrant (Weatherford International Inc /New/)

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Requirement of Law. In the event the shares issuable on exercise of this Warrant are not registered under the Securities Act of 1933, Weatherford may Weatxxxxxxx xxx imprint on the certificate for such shares the followxxx xxxxxx following legend or any other legend which counsel for Weatherford considers Weatxxxxxxx xxxsiders necessary or advisable to comply with Securitiex Xxx xx 0033Securities Act of 1933: The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may not be sold or transferred except upon such registration or upon receipt by the Corporation of an opinion of counsel satisfactory to the Corporation, in form and substance satisfactory to the Corporation, that registration is not required for such sale or transfer. The Company may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company shall not be obligated to take any other affirmative action in order to cause the exercise of this Warrant or the issuance of shares of Common Stock pursuant thereto to comply with any law or regulation of any governmental authority.

Appears in 1 contract

Samples: Warrant (Weatherford International Inc /New/)

Requirement of Law. (a) In the event the shares issuable on exercise of this Warrant the Option are not registered under the Securities Act of 1933, Weatherford may imprint on the certificate for such shares the followxxx xxxxxx following legend or any other legend which counsel for Weatherford considers necessary or advisable to comply with Securitiex Xxx xx 0033Securities Act of 1933: The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may not be sold or transferred except upon such registration or upon receipt by the Corporation of an opinion of counsel satisfactory to the Corporation, in form and substance satisfactory to the Corporation, that registration is not required for such sale or transfer. The Company Weatherford may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company Weatherford shall not be obligated to take any other affirmative action in order to cause the exercise of this Warrant the Option or the issuance of shares of Common Stock pursuant thereto to comply with any law or regulation of any governmental authority.

Appears in 1 contract

Samples: Stock Option Agreement (Weatherford International Inc /New/)

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