Common use of Securities Law Transfer Restrictions Clause in Contracts

Securities Law Transfer Restrictions. (a) Each Purchaser understands that the Securities have not been registered under the Securities Act or any state securities laws, and each Purchaser agrees that it will not dispose of the Securities unless (a) the resale of the Securities is registered under the Securities Act, or (b) such registration is not required under the Securities Act or any applicable state securities law due to the applicability of an exemption therefrom. In that connection, such Purchaser is aware of Rule 144 under the Securities Act and the restrictions imposed thereby.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Warburg Pincus Private Equity Viii L P), Securities Purchase Agreement (MiddleBrook Pharmaceuticals, Inc.)

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Securities Law Transfer Restrictions. (a) Each The Purchaser understands that the Securities have not been registered under the Securities Act or any state securities laws, and each the Purchaser agrees that it will not dispose of the Securities unless (a) the resale of the Securities is registered under the Securities Act, or (b) such registration is not required under the Securities Act or any applicable state securities law due to the applicability of an exemption therefrom. In that connection, such the Purchaser is aware of Rule 144 under the Securities Act and the restrictions imposed thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (MiddleBrook Pharmaceuticals, Inc.)

Securities Law Transfer Restrictions. (a) Each Purchaser understands that the Securities have not been registered under the Securities Act or any state securities laws, and each Purchaser agrees that it will not dispose of the Securities unless (a) the resale of the Securities is registered under the Securities Act, or (b) such registration is not required under the Securities Act or any applicable state securities law due to the applicability of an exemption therefrom. In that connection, such each Purchaser is aware of Rule 144 under the Securities Act and the restrictions imposed thereby.

Appears in 1 contract

Samples: Subscription Agreement (American Dairy Inc)

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Securities Law Transfer Restrictions. (a) Each Purchaser understands that the Securities have not been registered under the Securities Act or any state securities laws, and each Purchaser agrees that it will not dispose of the Securities unless (a) the resale of the Securities is registered under the Securities Act, or (b) such registration is not required under the Securities Act or any applicable state securities law due to the applicability of an exemption therefrom. In that connection, such Purchaser is aware of Rule 144 under the Securities Act and the restrictions imposed thereby.the

Appears in 1 contract

Samples: Securities Purchase Agreement (Neurogen Corp)

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