Common use of Termination of Restrictions Clause in Contracts

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 41 contracts

Samples: ’s Warrant (Wave2Wave Communications, Inc.), Underwriters’ Warrant (Eyetel Imaging Inc), Warrant (Debt Resolve Inc)

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Termination of Restrictions. Except as set forth in Section 9.3 hereofhereof and subject at all times to FINRA Rule 5110(g), the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 21 contracts

Samples: Underwriter Warrant (ClearSign Technologies Corp), Broker Warrant (PetroShare Corp.), Underwriter Warrant (CBD Energy LTD)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or this Section 10 hereof10. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 10.1 hereof.

Appears in 10 contracts

Samples: Common Stock Purchase Warrant (Conversion Services International Inc), Common Stock Purchase Warrant (Conversion Services International Inc), Common Stock Purchase Warrant (Conversion Services International Inc)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 10.1 hereof.

Appears in 9 contracts

Samples: Common Stock Purchase Warrant (Conversion Services International Inc), Common Stock Purchase Warrant (Conversion Services International Inc), Common Stock Purchase Warrant (Conversion Services International Inc)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 upon on the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when a registration statement with respect to the sale of such securities shall have been effectively registered declared effective under the Securities Act and such securities shall have been disposed of in accordance with such registration statement, (b) when such securities are sold pursuant to Rule 144 (or any similar provision then in force) under the Securities Act, or (bc) when, in the opinions opinion of both counsel for the holder thereof Holder and counsel for the Company, such restrictions are no longer required or necessary in order to insure compliance with protect the Company against a violation of the Securities Act upon any sale or Section 10 hereofother disposition of such securities without registration thereunder. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any)expense, new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof9.1.

Appears in 9 contracts

Samples: Management and Consulting Agreement (Rsi Systems Inc/Mn), Marketing Agreement (Rsi Systems Inc/Mn), Diversified Food Group Inc

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 8 contracts

Samples: Underwriter Warrant (ZBB Energy Corp), Underwriter Warrant (Dais Analytic Corp), Underwriter’s Warrant (Imprimis Pharmaceuticals, Inc.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 11 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 11 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 11.1 hereof.

Appears in 7 contracts

Samples: Common Stock Purchase Warrant (Mateon Therapeutics Inc), Common Stock Purchase Warrant (Mateon Therapeutics Inc), Common Stock Purchase Warrant (Mateon Therapeutics Inc)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 8 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and Holder, which is reasonably acceptable to the Company, or, alternatively, in the opinion of counsel for to the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 8.1 hereof.

Appears in 6 contracts

Samples: Common Stock Purchase (Broadcast International Inc), Common Stock Purchase (AtheroNova Inc.), Common Stock Purchase (Saleen Automotive, INC.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 7 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder Holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 7.1 hereof.

Appears in 5 contracts

Samples: Friendlyway CORP, Datalogic International Inc, Xstream Beverage Network, Inc.

Termination of Restrictions. Except as set forth in Section 9.3 hereofhereof and subject at all times to FINRA Rule 5110(g), the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, ; or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 4 contracts

Samples: Underwriter Warrant (Cue Biopharma, Inc.), Underwriter Warrant (Cue Biopharma, Inc.), Underwriter Warrant (Cue Biopharma, Inc.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof Holder and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 4 contracts

Samples: Warrant (Regenerx Biopharmaceuticals Inc), ’s Warrant (West Coast Realty Trust, Inc.), Plug Power Inc

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 10.1 hereof.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (DPW Holdings, Inc.), Common Stock Purchase Warrant (Digital Power Corp), Common Stock Purchase Warrant (DPW Holdings, Inc.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 upon the transferability of Restricted Securities Securi ties shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Picower Jeffry M), Stock Purchase Agreement (Physician Computer Network Inc /Nj), Physician Computer Network Inc /Nj

Termination of Restrictions. Except as set forth in Section 9.3 hereofhereof and subject to the provisions of FINRA Rule 5110(g), the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such Securities Act restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 3 contracts

Samples: Underwriter Warrant (Parametric Sound Corp), Underwriting Agreement (Parametric Sound Corp), Underwriter Warrant (Parametric Sound Corp)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section --------------------------- section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the CompanyCompany (each of whom shall be experienced in securities laws matters), such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereofsection 9.1.

Appears in 3 contracts

Samples: Letter Agreement (Information Management Associates Inc), Letter Agreement (Information Management Associates Inc), Information Management Associates Inc

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 11 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 11 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 11.1 hereof.. Appendix C-9 Common Stock Purchase Warrant Issued by EdgePoint AI, Inc.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Mateon Therapeutics Inc), Common Stock Purchase Warrant (Mateon Therapeutics Inc), Common Stock Purchase Warrant (Mateon Therapeutics Inc)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the All restrictions imposed by this Section 9 paragraph 11 hereof upon the transferability of Notes or Restricted Securities shall cease and terminate as to any particular Notes or Restricted Securities: , (a) which when such securities shall have been effectively registered under the Securities ActAct and disposed of in accordance with the registration statement covering such securities, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Notes or Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, Company without expense (other than applicable transfer taxes, if any), a new certificate or certificates representing such securities of like tenor not bearing the applicable legends required by Section 9.1 legend set forth in paragraph 11B hereof.

Appears in 2 contracts

Samples: Note and Stock Purchase Agreement (Elephant & Castle Group Inc), Warrant Agreement (Elephant & Castle Group Inc)

Termination of Restrictions. Except as set forth in Section 9.3 10.3 hereof, the restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder Holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends legend required by Section 9.1 10.1 hereof.

Appears in 2 contracts

Samples: Underwriter’s Warrant (Med BioGene Inc.), Underwriter’s Warrant (Med BioGene Inc.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 8 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder Holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without at Holder’s expense (other than including applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 8.1 hereof.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Big Clix, Corp.), Common Stock Purchase Warrant (Big Clix, Corp.)

Termination of Restrictions. Except as set forth in Section 9.3 hereofhereof and subject at all times to FINRA Rule 5110(e), the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 2 contracts

Samples: Underwriter Warrant (Movano Inc.), Underwriter Warrant (Movano Inc.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 11 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 2 contracts

Samples: Dealer Manager Warrant (Usa Technologies Inc), Dealer Manager Warrant (Pro Pharmaceuticals Inc)

Termination of Restrictions. Except as set forth in Section 9.3 9.1 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof Holder and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 2 contracts

Samples: Bioheart, Inc., Bioheart, Inc.

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this ---------------------------- Section 9 1.2 hereof upon the transferability of Restricted Securities any Warrant Shares shall cease and terminate as to any particular Restricted Securities: Warrant Shares (a) which when such securities shall have been effectively registered under the Securities ActAct and disposed of in accordance with the registration statement covering such securities, (b) when such restrictions are no longer required pursuant to Rule 144 under the Act or (bc) when, in the opinions of both counsel for the holder thereof Holder and counsel for the Company, such restrictions are otherwise no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted SecuritiesWarrant Shares, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereofa legend as to restrictions on transfer.

Appears in 2 contracts

Samples: Preferred Credit Corp, Preferred Credit Corp

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 upon the transferability of Restricted Securities Stockholder Shares shall cease and terminate as to any particular Restricted Securities: Stockholder Shares (a) which when such Stockholder Shares shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof2 of the Stockholders Agreement or Section 2 of the Joinder Agreement, as applicable. Whenever such restrictions shall cease and terminate as to any Restricted SecuritiesStockholder Shares, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 2 contracts

Samples: Symmetry Medical Inc., Symmetry Medical Inc.

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 12 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, ; or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 12 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 12.1 hereof.

Appears in 2 contracts

Samples: Noble Romans Inc, Noble Romans Inc

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Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure ensure compliance with the Securities Act or Section 10 hereof4.1 of the Purchase Agreement. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 10.1 hereof.

Appears in 1 contract

Samples: Equinox Group Inc

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 6 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for the CompanyCompany (or other Person that is the issuer of the Restricted Securities), such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the CompanyCompany (or other Person that is the issuer of the Restricted Securities), without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof6.1.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (BankUnited, Inc.)

Termination of Restrictions. Except as set forth Subject to any transfer restrictions in Section 9.3 hereof--------------------------- the Stockholders Agreement, the restrictions imposed by this Section 9 5 hereof upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, when such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofSections 3 and 11 of the Stockholders Agreement. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof5.1.

Appears in 1 contract

Samples: Securities Purchase Agreement (Iron Age Holdings Corp)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel (reasonably acceptable to the Company) for the holder thereof and counsel for the Companythereof, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof11 of the Securities Purchase Agreement. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 1 contract

Samples: Warrant And (E Z Serve Corporation)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 13 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofthe terms of the Registration Rights Agreement and the Stockholders Agreement. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 13.1 hereof.

Appears in 1 contract

Samples: System Software Associates Inc

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 12 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 12 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 12.1 hereof.. Redeemable Common Stock Purchase Warrant-$0.80 issued by Digital Power Corporation

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Digital Power Corp)

Termination of Restrictions. Except as set forth in Section 9.3 8.3 hereof, the restrictions imposed by this Section 9 8 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 8 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 8.1 hereof.

Appears in 1 contract

Samples: Warrant (Passport Restaurants, Inc.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities ActAct and there is in place an effective registration statement, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 10.1 hereof.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Protein Polymer Technologies Inc)

Termination of Restrictions. Except as set forth in Section 9.3 9(c) hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (ai) which shall have been effectively registered at the time of any transfer pursuant to registration under the Securities Act, or (bii) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure ensure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 9(a) hereof.

Appears in 1 contract

Samples: Warrant (Seanergy Maritime Holdings Corp.)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 5 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: Securities (a) which when such Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions opinion of both counsel for the holder thereof and counsel for thereof, which opinion is reasonably acceptable to the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereofAct. Whenever such any restrictions on transferability imposed by this Section 5 shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legend or legends required by Section 9.1 5.1 hereof.

Appears in 1 contract

Samples: Advanced Radio Telecom Corp

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 1 contract

Samples: United Financial Mortgage Corp

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 12 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 12 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 12.1 hereof.. Redeemable Common Stock Purchase Warrant-$0.90 issued by Digital Power Corporation

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Digital Power Corp)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for fro the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or of Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

Appears in 1 contract

Samples: Cryoport, Inc.

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 10 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 11 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 10.1 hereof.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Conversion Services International Inc)

Termination of Restrictions. Except as set forth in Section 9.3 hereof, the The restrictions imposed by this Section 9 12 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which Restricted Securities shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, which opinion shall not be unreasonably withheld, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 12 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 12.1 hereof.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Digital Power Corp)

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