Restriction definition
Examples of Restriction in a sentence
On or prior to the Closing, Key Operator shall enter into the Stock Restriction Agreement substantially in the form attached hereto as Annex IV.
Restriction on Liens; Restriction on Sale and Lease-Back Transactions 14 SECTION 3.03.
During the Restriction Period (defined below), without the prior written consent of the Lender, except for any Exempt Issuance (as defined below), neither the Maker nor any Subsidiary shall, directly or indirectly, issue, enter into any agreement to issue or announce the issuance or proposed issuance of any Class A Ordinary Shares, Class A Ordinary Share Equivalents, Class B Ordinary Shares or Class B Ordinary Shares Equivalents (each, a “Subsequent Placement”).
For purposes of this Section 2.2(d)(ii), all provisions relating to the removal of the legend set forth in clause (d)(i) above shall relate, if the Resale Restriction Termination Date has occurred only with respect to a portion of the Notes evidenced by a Transfer Restricted Note, to such portion of the Notes so evidenced as to which the Resale Restriction Termination Date has occurred.
The Company shall promptly notify the Trustee in writing upon the occurrence of the Resale Restriction Termination Date and promptly after a registration statement, if any, with respect to the Notes or any Common Stock issued upon conversion of the Notes has been declared effective under the Securities Act.