Common use of No Obligation to Register Clause in Contracts

No Obligation to Register. The Investor further acknowledges and understands that, except for the Company's obligations under Section 7, the Company is under no obligation to register the Shares, the Warrant or the Warrant Shares. The Investor understands that the certificate evidencing the Shares, the Warrant and the Warrant Shares will be imprinted with a legend which prohibits the transfer of the Shares, the Warrant and the Warrant Shares unless they are registered or such registration is not required in the opinion of counsel in form and substance satisfactory to the Company.

No Obligation to Register. The Investor further acknowledges and understands that, except for as provided in the Company's obligations under Section 7Registration Rights Agreement, the Company is under no obligation to register the Shares, the Warrant Warrants or the Warrant Shares. The Investor understands that the certificate evidencing the Shares, the Warrant Warrants and the Warrant Shares will be imprinted with a legend which prohibits the transfer of the Shares, the Warrant Warrants and the Warrant Shares unless they are registered or such registration is not required in the opinion of counsel in form and substance satisfactory to the Company.

No Obligation to Register. The Investor further acknowledges and understands that, except for the Company's ’s obligations under Section 7, the Company is under no obligation to register the Shares, the Warrant or the Warrant Shares. The Investor understands that the certificate evidencing the Shares, the Warrant and the Warrant Shares will be imprinted with a legend which prohibits the transfer of the Shares, the Warrant and the Warrant Shares unless they are registered or such registration is not required in the opinion of counsel in form and substance satisfactory to the Company.