Examples of Exempt in a sentence
In addition, from the date hereof until sixty (60) days after the Closing Date, subject to certain exceptions provided for in the Purchase Agreement, neither the Company nor any Subsidiary shall issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents, except that such restriction shall not apply with respect to an Exempt Issuance (as defined in the Purchase Agreement).
Notwithstanding the foregoing, this Section 4(q) shall not apply in respect of an Exempt Issuance (as defined in the Purchase Agreement), and nothing in this Section 4(q) shall be deemed to prevent the Company from filing a registration statement in connection with any registration rights obligations in existence prior to the date hereof.
Notwithstanding the foregoing, the Board will not be empowered to effect an Exchange Determination at any time after any Person (other than any Exempt Person), together with all Affiliates and Associates of such Person, becomes the Beneficial Owner of 50 percent or more of the shares of Common Stock then outstanding.
A Purchasing Agent Appointment form and an Exempt Sales Certificate form shall be issued with contract documents.
The form of the Assumption Agreement attached hereto as Exhibit O is hereby approved for transfers to Exempt Transferees pursuant to Sections 10.2.2 and 10.4 of the Development Agreement.