Common use of Resale of Securities Clause in Contracts

Resale of Securities. (a) Each of the Investors severally covenants that it will not sell or otherwise transfer the Securities except pursuant to an effective registration under the Securities Act or in a transaction which, in the opinion of counsel reasonably satisfactory to the Company, qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunder.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Coventry Corp), Securities Purchase Agreement (Warburg Pincus Ventures Lp), Securities Purchase Agreement (Coventry Corp)

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Resale of Securities. (a) Each of the Investors severally The Investor covenants that it will not sell or otherwise transfer the Securities Shares or Warrants (or any Ordinary Shares acquired upon exercise of the Warrants) except pursuant to an effective registration under the Securities Act or in a transaction which, in the opinion of counsel reasonably satisfactory (which may be in-house counsel to the CompanyInvestor), qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunderthereunder and subject to the provisions of the Transaction Documents.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Scottish Annuity & Life Holdings LTD), Securities Purchase Agreement (Scottish Annuity & Life Holdings LTD)

Resale of Securities. (a) Each of the Investors severally covenants that it will not sell or otherwise transfer the Securities Shares (or any shares of Common Stock acquired upon conversion of the Shares) except in accordance with the Letter Agreement or the Stockholders’ Agreement, as applicable, and pursuant to an effective registration under the Securities Act or in a transaction which, in the opinion of counsel reasonably satisfactory to the Company, which qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunderAct.

Appears in 2 contracts

Samples: Business Combination Agreement (Banyan Acquisition Corp), Business Combination Agreement (Banyan Acquisition Corp)

Resale of Securities. (a) Each of the Investors severally covenants that it will not sell or otherwise transfer the Securities Shares except pursuant to an effective registration under the Securities Act or in a transaction which, in the opinion of counsel reasonably satisfactory to the Company, qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (WisdomTree Investments, Inc.), Securities Purchase Agreement (WisdomTree Investments, Inc.)

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Resale of Securities. (a) Each of the Investors severally covenants that it will not sell or otherwise transfer the Securities Shares or the Warrants (or the Warrant Shares) except pursuant to an effective registration under the Securities Act or in a transaction which, in the opinion of counsel reasonably satisfactory to the Company, qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Warburg Pincus Equity Partners Lp)

Resale of Securities. (a) Each of the Investors severally covenants that it will not sell or otherwise transfer the Securities Shares except pursuant to an effective registration under the Securities Act or in a transaction which, in the opinion of counsel reasonably satisfactory to the CompanyCompany and its counsel, qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Yellow Brix Inc)

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