Common use of Legend Removal Clause in Contracts

Legend Removal. When the Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof. In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares without any such legend.

Appears in 6 contracts

Sources: Equity Purchase Agreement (FGL Holdings), Equity Purchase Agreement (FGL Holdings), Equity Purchase Agreement (FGL Holdings)

Legend Removal. When If the Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Forward Purchase Shares without any such legend.

Appears in 4 contracts

Sources: Forward Purchase Agreement (TPG Pace Solutions Corp.), Forward Purchase Agreement (TPG Pace Solutions Corp.), Forward Purchase Agreement (TPG Pace Beneficial II Corp.)

Legend Removal. When If the Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s Purchasers’ request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Forward Purchase Shares without any such legend.

Appears in 4 contracts

Sources: Forward Purchase Agreement (TPG Pace Solutions Corp.), Forward Purchase Agreement (TPG Pace Solutions Corp.), Forward Purchase Agreement (TPG Pace Beneficial II Corp.)

Legend Removal. When If the Shares Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s Purchasers’ request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Securities without any such legend.

Appears in 4 contracts

Sources: Forward Purchase Agreement (TPG Pace Tech Opportunities Corp.), Forward Purchase Agreement (TPG Pace Beneficial Finance Corp.), Forward Purchase Agreement (TPG Pace Tech Opportunities Corp.)

Legend Removal. When If the Shares Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Securities without any such legend.

Appears in 4 contracts

Sources: Forward Purchase Agreement (TPG Pace Beneficial Finance Corp.), Forward Purchase Agreement (TPG Pace Tech Opportunities Corp.), Forward Purchase Agreement (TPG Pace Beneficial Finance Corp.)

Legend Removal. When If the Additional Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s Additional Forward Purchasers’ request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Additional Forward Purchase Shares without any such legend.

Appears in 3 contracts

Sources: Additional Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De), Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De), Additional Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De)

Legend Removal. When If the Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(b). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Forward Purchase Shares without any such legend.

Appears in 3 contracts

Sources: Forward Purchase Agreement (Mason Industrial Technology, Inc.), Forward Purchase Agreement, Forward Purchase Agreement (Far Point Acquisition Corp)

Legend Removal. When If the Shares Forward Purchase Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933Act, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(b)(ii). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Forward Purchase Securities without any such legend.

Appears in 2 contracts

Sources: Forward Purchase Agreement (Hennessy Capital Acquisition Corp IV), Forward Purchase Agreement (Hennessy Capital Acquisition Corp IV)

Legend Removal. When If the Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(f). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Forward Purchase Shares without any such legend.

Appears in 2 contracts

Sources: Forward Purchase Agreement (TPB Acquisition Corp I), Forward Purchase Agreement (TPB Acquisition Corp I)

Legend Removal. When If the Shares Forward Purchase Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933Act, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will will, at its sole expense, cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(b)(ii). In connection therewith, if required by the Company’s transfer agent, the Company will will, at its sole expense, promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue or transfer such Shares Forward Purchase Securities without any such legend.

Appears in 2 contracts

Sources: Forward Purchase Agreement (Lionheart Acquisition Corp. II), Forward Purchase Agreement (Lionheart Acquisition Corp. II)

Legend Removal. When If the Shares Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(b)(ii). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Securities without any such legend.

Appears in 2 contracts

Sources: Forward Purchase Agreement, Forward Purchase Agreement (Mosaic Acquisition Corp.)

Legend Removal. When If the Committed Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s Committed Forward Purchasers’ request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Committed Forward Purchase Shares without any such legend.

Appears in 2 contracts

Sources: Committed Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De), Committed Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De)

Legend Removal. When the Placement Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, at the PurchaserInvestor’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(e) hereof. In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Placement Shares without any such legend.

Appears in 1 contract

Sources: Forward Purchase Agreement (National Energy Services Reunited Corp.)

Legend Removal. When If the Shares Forward Purchase Units are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933Act, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(c)(v). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Forward Purchase Units without any such legend.

Appears in 1 contract

Sources: Forward Purchase Agreement (Gesher I Acquisition Corp.)

Legend Removal. When the Private Placement Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(e) hereof. In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares without any such legend.

Appears in 1 contract

Sources: Additional Equity Purchase Agreement (CF Corp)

Legend Removal. When If the Shares Forward Purchase Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will will, at its sole expense, cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(b). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Forward Purchase Securities without any such legend.

Appears in 1 contract

Sources: Forward Purchase Agreement (Silver Sustainable Solutions Corp.)

Legend Removal. When If the Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d) hereof1(b)(ii). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Forward Purchase Shares without any such legend.

Appears in 1 contract

Sources: Forward Purchase Agreement (Keter1 Acquisition Corp)

Legend Removal. When If the Shares Forward Purchase Securities are eligible to be sold without restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), then, then at the Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(d1(b) hereofand Section 1(c). In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize and direct the transfer agent to issue such Shares Forward Purchase Securities without any such legend.

Appears in 1 contract

Sources: Forward Purchase Agreement (Chain Bridge I)