Common use of Transfers Subject to Compliance with Securities Act and Other Applicable Law Clause in Contracts

Transfers Subject to Compliance with Securities Act and Other Applicable Law. No shares of Common Stock may be Transferred by a Party (other than pursuant to an effective registration statement under the Securities Act) unless such Party first delivers to the Company an opinion of counsel, which opinion of counsel shall be reasonably satisfactory to the Company, to the effect that such Transfer is not required to be registered under the Securities Act and any other Applicable Law.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Chaparral Energy, Inc.), Stock Purchase Agreement (Chaparral Energy, Inc.)

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Transfers Subject to Compliance with Securities Act and Other Applicable Law. No shares of Common Stock may be Transferred transferred by a Party (other than pursuant to an effective registration statement under the Securities Act) unless such Party first delivers to the Company an opinion of counsel, which opinion of and counsel shall be reasonably satisfactory to the Company, to the effect that such Transfer transfer is not required to be registered under the Securities Act and any other Applicable Lawapplicable law.

Appears in 1 contract

Samples: Stockholders' Agreement (Basic Energy Services Inc)

Transfers Subject to Compliance with Securities Act and Other Applicable Law. No shares of Common Stock may be Transferred by a Party (other than pursuant to an effective registration statement under the Securities Act) unless such Party first delivers to the Company an opinion of counsel, which opinion of counsel shall be reasonably satisfactory to the Company, DC\1281653.10 to the effect that such Transfer is not required to be registered under the Securities Act and any other Applicable Law.

Appears in 1 contract

Samples: Stockholders’ Agreement (Chaparral Energy, Inc.)

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Transfers Subject to Compliance with Securities Act and Other Applicable Law. No shares of Common Stock may be Transferred by a Party (other than pursuant to an effective registration statement under the Securities Act) unless such Party first delivers to the Company an opinion of counsel, which opinion of and counsel shall be reasonably satisfactory to the Company, to the effect that such Transfer is not required to be registered under the Securities Act and any other Applicable Lawapplicable law.

Appears in 1 contract

Samples: Stockholders’ Agreement (Chaparral Energy, Inc.)

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