Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or this Article 5 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Electric City Corp), Securities Purchase Agreement (Electric City Corp), Securities Purchase Agreement (Electric City Corp)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or this Article 5 Agreement upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 3 contracts
Samples: Registration Rights Agreement (Ediets Com Inc), Registration Rights Agreement (Prides Capital Partners, LLC), Registration Rights Agreement (Ediets Com Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 5 or this Article 5 Section 8 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 3 contracts
Samples: Securities Purchase Agreement (nFinanSe Inc.), Securities Purchase Agreement (nFinanSe Inc.), Securities Purchase Agreement (Polymedix Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 5 or this Article 5 Section 8 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Shelf Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Note Purchase Agreement (Bay City Capital Management LLC), Note Purchase Agreement (Diametrics Medical Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or this Article 5 Section 7 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Warburg Pincus Private Equity Viii L P), Stock Purchase Agreement (Synaptic Pharmaceutical Corp)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 4 or this Article 5 Section 6 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Preferred Stock and Warrant Purchase Agreement (Cornerstone Equity Investors Iv Lp), Preferred Stock and Warrant Purchase Agreement (Novatel Wireless Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or this Article 5 Agreement upon the transferability of the Registrable Securities Securities, shall cease and terminate as to any particular number of the Registrable Securities when the sale of such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such the sale of the Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company Issuer shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Series a Preferred Stock Subscription and Registration Rights Agreement (Rock Energy Resources, Inc.), Securities Purchase Agreement (Abraxas Petroleum Corp)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 6 or this Article 5 Section 12 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Shelf Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Agreement (BCC Acquisition I LLC), Rights Exchange Agreement (Medarex Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 7 of the Securities Purchase Agreement or this Article 5 Section 4 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Registration Rights Agreement (Prides Capital Partners, LLC), Registration Rights Agreement (Ediets Com Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article Section 2 or this Article 5 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Registration Rights Agreement (Ecollege Com), Registration Rights Agreement (Ecollege Com)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 5 or this Article 5 Section 10 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Shelf Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Diametrics Medical Inc), Common Stock Purchase Agreement (BCC Acquisition Ii LLC)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 5 or this Article 5 Section 7 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Samples: Securities Purchase Agreement (Odyssey Marine Exploration Inc)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or the Subscription Agreement and this Article 5 Exhibit C upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Samples: Private Placement Subscription Agreement (Colorado Goldfields Inc.)
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or the Subscription Agreement and this Article 5 Exhibit D upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Samples: Private Placement Subscription Agreement (Colorado Goldfields Inc.)
Termination of Conditions and Obligations. The All conditions precedent imposed by Article 2 or this Article 5 upon and restrictions on the transferability of the Registrable Securities contained in or imposed under this Agreement shall cease and terminate as with respect to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or as contemplated by this Agreement or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 or this Article 5 Section 10 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Samples: Subscription Agreement (AeroGrow International, Inc.)
Termination of Conditions and Obligations. The Any conditions precedent imposed by Article 2 this Agreement or this Article 5 the Merger Agreement upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Registrable Securities Statement, or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The conditions precedent imposed by Article 2 Section 5 or this Article 5 Section 11 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities when such Registrable Securities shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Shelf Registration Statement covering such Registrable Securities or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Samples: Put Option and Stock Purchase Agreement (Diametrics Medical Inc)
