Resale and Transfer Restrictions. The Company may impose such restrictions, conditions or limitations as it determines appropriate as to the timing and manner of any re-sales by the Grantee or other subsequent transfers by the Grantee of any Shares of common stock issued as a result of the exercise of this Option, including without limitation (a) restrictions under an xxxxxxx xxxxxxx policy, (b) restrictions designed to delay and/or coordinate the timing and manner of sales by Grantee and other Option holders and (c) restrictions as to the use of a specified brokerage firm for such re-sales or other transfers.
Resale and Transfer Restrictions. Neither the Option nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner, other than by will or the laws of descent and distribution. The Company may impose such restrictions, conditions or limitations as it determines appropriate as to the timing and manner of any re-sales by the Grantee or other subsequent transfers by the Grantee of any Shares issued as a result of the exercise of this Option, including without limitation (a) restrictions under an xxxxxxx xxxxxxx policy, (b) restrictions designed to delay and/or coordinate the timing and manner of sales by Grantee and other Option holders and (с) restrictions as to the use of a specified brokerage firm for such re-sales or other transfers.
Resale and Transfer Restrictions. (a) Except as otherwise stated herein, the Home or any interest therein shall not at any time be sold by the Homeowner, the Homeowner's successors and assigns, and no attempted sale shall be valid, unless:
Resale and Transfer Restrictions. (a) Except as otherwise provided herein, the Property or any interest therein shall not at any time be sold by the Owner, or the Owner's successors, and no attempted sale shall be valid, unless the aggregate value of all consideration and payments of every kind given or paid by the selected purchaser of the Property for and in connection with the transfer of such Property, is equal to or less than the Maximum Resale Price for the Property, and unless a certificate (the "Compliance Certificate") is obtained and recorded, signed and acknowledged by County which Compliance Certificate refers to the Property, the Owner, the selected purchaser thereof, and the Maximum Resale Price therefore, and states that the proposed conveyance, sale or transfer of the Property to the selected purchaser is in compliance with the rights, restrictions, covenants and agreements contained in this Restriction.
Resale and Transfer Restrictions. In the event that the Participant is deemed to be an Affiliate of BB&T, as defined in Rule 405 promulgated under the Securities Act, any resale or transfer of the shares of BB&T Common Stock acquired pursuant to the Option shall, under existing law, require either (a) the further registration under the Securities Act of the shares of BB&T Common Stock to be transferred, (b) compliance with Rule 144 promulgated under the Securities Act, or (c) the availability of another exemption from registration. The Participant acknowledges that the stock certificate or certificates to be delivered to him upon the exercise of the Option shall reflect these limitations in the form of stock transfer restrictions.
Resale and Transfer Restrictions. Except as otherwise stated herein, the Premises or any interest therein, shall not at any time be sold, transferred, disposed of, mortgaged or otherwise conveyed by the Owner, or the Owner’s successors and assigns, and no attempted sale, transfer, mortgage or other conveyance shall be valid, unless the aggregate value of all consideration and payments of every kind given or paid by the Eligible Purchaser, the Town (including its successors, assigns and designees) or the Mortgagee, as applicable, as provided above, to the then owner of the Premises for and in connection with the sale, transfer, mortgage or other conveyance of such Premises, is equal to or less than the Maximum Resale Price for the Premises. No conveyance, sale, transfer, mortgage or other conveyance to an Eligible Purchaser or otherwise (if permitted herein), shall be valid unless a certificate is recorded, signed and acknowledged by the Monitoring Agent or its agent or designee and states that the conveyance is in compliance with the restrictions contained in this Covenant (“Compliance Certificate”). Any good faith purchaser of the Premises, any lender or other party taking a security interest in such Premises and any other third party may rely upon such a Compliance Certificate as conclusive evidence of the matters stated therein. Within ten (10) days of the conveyance of the Premises, the Owner shall deliver to the AHC and Monitoring Agent a true and certified copy of the deed of the Premises as recorded, together with information as to the place of recording thereof in the public records. Failure to comply with the preceding sentence shall not affect the validity of such conveyance. The Monitoring Agent shall promptly give the AHC written notice any time there is a conveyance, sale, transfer, mortgage or other conveyance of the Premises.
Resale and Transfer Restrictions. (a) The Investor acknowledges and agrees that the Note will be subject to resale and transfer restrictions in Canada pursuant to NI 45-102 and may not be traded unless such trade is made pursuant to an applicable exemption from the prospectus requirements of applicable Canadian securities laws before the date that is four months and one day after the Issuance Date.
Resale and Transfer Restrictions. The resale restrictions below in this Section 2.06 will apply from the issuance date of the Global Notes until the end of the applicable “Resale Restriction Period,” which is the period ending on the date that is (1) in the case of Rule 144A Global Notes, one year after the later of the issuance date and the last date that the Company or any of its affiliates were the owner of the Rule 144A Global Notes or (2) in the case of Regulation S Global Notes, 40 days after the later of (A) the day on which such Notes are first offered to Persons other than distributors (as defined in Regulation S) in reliance on Regulation S and (B) the issuance date. The resale restrictions below in this Section 2.06 will not apply after the applicable Resale Restriction Period ends. Transfers by an owner of a beneficial interest in a Rule 144A Global Note to a transferee who takes delivery of such interest through a Regulation S Global Note, whether before or after the expiration of the Resale Restriction Period, shall be made only upon receipt by the Trustee of a certification from the transferor to the effect that such transfer is being made in accordance with Regulation S or (if available) Rule 144 under the Securities Act and that, if such transfer is being made prior to the expiration of the Resale Restriction Period, the interest transferred shall be held immediately thereafter through Euroclear or Clearstream. Prior to the expiration of the Resale Restriction Period, interests in a Regulation S Global Note may only be held through Euroclear or Clearstream. During the Resale Restriction Period, beneficial ownership interests in a Regulation S Global Note may only be sold, pledged or transferred through Euroclear or Clearstream in accordance with their Applicable Procedures.
Resale and Transfer Restrictions. Purchaser acknowledges that the Shares will be subject to certain hold periods or other resale restrictions under Ontario Securities Laws and stock exchange rules and may not be resold until the expiry of such hold period except in accordance with limited exceptions under Ontario Securities Laws and stock exchange rules and the Company will cause a legend to such effect to be placed on any certificates representing the Shares.
Resale and Transfer Restrictions. The Common Shares shall be subject to a statutory hold period of four months and one day imposed under applicable securities laws. In addition, Subscribers are required to complete the lock-up agreement attached as Exhibit “D”, which imposes the following additional restrictions on the Common Shares: Release Date Percentage of Common Shares to be Released The Common Shares commence trading on a stock exchange (the “Effective Date”) 50.00% 6 months following the Effective Date 50.00% Closing Date: Closing shall occur on or about August 19, 2022 (the “Closing Date”), or on such other date(s) as may be agreed to by the Corporation. Closing may be completed in one or more tranches.
