Common use of Rule 144 Sale Clause in Contracts

Rule 144 Sale. Notwithstanding anything contained in this Section 5 to the contrary, the Company shall have no obligation to maintain the effectiveness of the Registration Statement covering the Shares held by any Holder, where such Holder would then be entitled to sell under Rule 144 within any three-month period (or such other period prescribed under Rule 144 as may be provided by amendment thereof) all of the Shares then held by such Holder.

Appears in 3 contracts

Samples: Underwriting Agreement (Sentage Holdings Inc.), Underwriting Agreement (Sentage Holdings Inc.), Underwriting Agreement (Goxus, Inc)

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Rule 144 Sale. Notwithstanding anything contained in this Section 5 to the contrary, the Company shall have no obligation to maintain the effectiveness of the Registration Statement covering the Shares held by any Holder, where such Holder would then be entitled to sell under Rule 144 within any three-month period (or such other period prescribed under Rule 144 as may be provided by amendment thereof) all of the Shares Registrable Securities then held by such Holder.

Appears in 2 contracts

Samples: Placement Agency Agreement (Greenpro Capital Corp.), Placement Agency Agreement (Addentax Group Corp.)

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Rule 144 Sale. Notwithstanding anything contained in this Section 5 to the contrary, the Company shall have no obligation pursuant to maintain Sections 5.1 or 5.2 for the effectiveness registration of the Registration Statement covering the Shares Registrable Securities held by any Holder, Holders (i) where such Holder Holders would then be entitled to sell under Rule 144 within any three-month period (or such other period prescribed under Rule 144 as may be provided by amendment thereof) all of the Shares then held by such Holder144.

Appears in 1 contract

Samples: CONTRAFECT Corp

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