Common use of Volume Limitations Clause in Contracts

Volume Limitations. Notwithstanding anything herein to the contrary, (i) no Holder may sell any Registrable Securities, without the prior written consent of the Company, prior to the Effectiveness Target Date, except that without such consent, Purchaser may sell the Registrable Securities to a buyer that acquires such Registrable Securities for investment and not with a view toward distribution thereof otherwise than pursuant to the terms of this Agreement, and (ii) thereafter no Holder may sell more than 12.5% of the Registrable Securities held by such Holder in any one month period, provided that a Holder may effect a block trade (within the meaning of New York Stock Exchange Rule 127.10) of any amount of Registrable Securities upon five (5) days prior written notice to the Company.