Examples of Restricted Securities in a sentence
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.
The Company shall use commercially reasonable efforts to cause such registration statement to become effective within one hundred eighty-one (181) days following the Closing Date and to keep such registration statement effective at all times until no Purchaser owns any Restricted Securities issuable upon exercise thereof.
The Company agrees to timely file a Form D with respect to the Restricted Securities as required under Regulation D and to provide a copy thereof, promptly upon request of any Purchaser.
The Company has offered the Restricted Securities for sale only to the Purchasers and certain other “accredited investors” within the meaning of Rule 501 under the Securities Act.
The Company shall take such action as the Company shall reasonably determine is necessary in order to obtain an exemption for, or to qualify the Restricted Securities for, sale to the Purchasers at the Closing under applicable securities or “Blue Sky” laws of the states of the United States, and shall provide evidence of such actions promptly upon request of any Purchaser.