Common use of Issuance Permitted by Applicable Laws Clause in Contracts

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulation.

Appears in 3 contracts

Sources: Stock and Warrant Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al), Stock and Warrant Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al), Stock and Warrant Purchase Agreement (Z Tel Technologies Inc)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and regulation, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (c) shall be permitted by the laws and regulations of the jurisdictions in which is it subject.

Appears in 3 contracts

Sources: Stock Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al), Stock Purchase Agreement (1818 Fund Iii Lp), Stock Purchase Agreement (Genesee & Wyoming Inc)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and or the Warrants Additional Shares, as the case may be, and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulation.

Appears in 2 contracts

Sources: Exchange and Purchase Agreement (Trinsic, Inc.), Exchange and Purchase Agreement (1818 Fund Iii Lp)

Issuance Permitted by Applicable Laws. The issuance of the ------------------------------------- Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company Company: (a) shall not be prohibited by any applicable law or governmental regulation and regulation; (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulation; and (c) shall be permitted by the laws and regulations of the jurisdictions in which is it subject.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Unwired Telecom Corp), Securities Purchase Agreement (Unwired Telecom Corp)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and the Warrants hereunder and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and Requirement of Law, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationRequirement of Law and (c) shall be permitted by all Requirements of Law to which the Company is subject.

Appears in 2 contracts

Sources: Common Stock and Warrant Purchase Agreement (Texoil Inc /Nv/), Common Stock and Warrant Purchase Agreement (Texoil Inc /Nv/)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and Securities to be issued by the Warrants Company hereunder and the consummation of the transactions contemplated hereby by the Company (ai) shall not be prohibited by any applicable law or governmental regulation Requirement of Law, and (bii) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationRequirement of Law.

Appears in 2 contracts

Sources: Note, Warrant and Preferred Stock Purchase Agreement (Mce Companies Inc), Senior Subordinated Note and Warrant Purchase Agreement (Mce Companies Inc)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and Securities to be issued by the Warrants Company hereunder and the consummation of the transactions contemplated hereby by the Company (ai) shall not be prohibited by any applicable law or governmental regulation Requirement of Law and (bii) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationRequirement of Law.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Century Business Services Inc)

Issuance Permitted by Applicable Laws. The issuance of the ------------------------------------- Second Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and regulation, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (c) shall be permitted by the laws and regulations of the jurisdictions in which is it subject.

Appears in 1 contract

Sources: Stock Purchase Agreement (National Equipment Services Inc)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and Class A Warrants to the Warrants and the consummation of the transactions contemplated hereby by the Company Purchaser hereunder (a) shall not be prohibited by any applicable law or governmental regulation and regulation, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (c) shall be permitted by the laws and regulations of the jurisdictions in which it is subject.

Appears in 1 contract

Sources: Securities Purchase Agreement (Steri Oss Inc)

Issuance Permitted by Applicable Laws. The issuance of the First Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and regulation, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (c) shall be permitted by the laws and regulations of the jurisdictions in which is it subject.

Appears in 1 contract

Sources: Stock Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)

Issuance Permitted by Applicable Laws. The issuance of the First ------------------------------------- Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and regulation, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (c) shall be permitted by the laws and regulations of the jurisdictions in which is it subject.

Appears in 1 contract

Sources: Stock Purchase Agreement (National Equipment Services Inc)

Issuance Permitted by Applicable Laws. The issuance of the Preferred Shares and the Warrants by the Company and the consummation of the transactions contemplated hereby by the Company (ai) shall not be prohibited by any applicable law or governmental regulation and regulation, (bii) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (iii) shall be permitted by the laws and regulations of the jurisdictions in which the transactions are subject.

Appears in 1 contract

Sources: Securities Purchase Agreement (Commercial Electronics LLC)

Issuance Permitted by Applicable Laws. The issuance of the Second Preferred Shares and the Warrants and the consummation of the transactions contemplated hereby by the Company (a) shall not be prohibited by any applicable law or governmental regulation and regulation, (b) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (c) shall be permitted by the laws and regulations of the jurisdictions in which is it subject.

Appears in 1 contract

Sources: Stock Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)

Issuance Permitted by Applicable Laws. The issuance of the ------------------------------------- Preferred Shares and the Warrants by the Company and the consummation of the transactions contemplated hereby by the Company (ai) shall not be prohibited by any applicable law or governmental regulation and regulation, (bii) shall not subject the Company to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulationregulation and (iii) shall be permitted by the laws and regulations of the jurisdictions in which the transactions are subject.

Appears in 1 contract

Sources: Securities Purchase Agreement (Wiltek Inc)