Restrictions in General. Notwithstanding any provisions contained in this Warrant to the contrary, this Warrant shall not be exercisable or transferable and the Warrant Shares shall not be transferable except upon the conditions specified in this Section 3.3, which conditions are intended, among other things, to insure compliance with the provisions of the Acts and the REIT Qualification Rules in respect of the exercise or transfer of this Warrant or transfer of Warrant Shares. The registered holder of this Warrant agrees that except for transfers of this Warrant expressly permitted by Section 3.3 (b) below, he will neither transfer this Warrant nor transfer Warrant Shares prior to delivery to the Company of the opinion of counsel referred to in, and to the effect described in, clause (A) of Section 3.3(c).
Appears in 1 contract
Sources: Warrant Agreement (Host Funding Inc)
Restrictions in General. Notwithstanding any provisions contained in this Warrant to the contrary, this Warrant shall not be exercisable or transferable and the Warrant Shares shall not be transferable except upon the conditions specified in this Section 3.33.3 , which conditions are intended, among other things, to insure compliance with the provisions of the Acts and the REIT Qualification Rules in respect of the exercise or transfer of this Warrant or transfer of Warrant Shares. The registered holder of this Warrant agrees that except for transfers of this Warrant expressly permitted by Section 3.3 (b) below, he will neither transfer this Warrant nor transfer Warrant Shares prior to delivery to the Company of the opinion of counsel referred to in, and to the effect described in, clause (A) of Section 3.3(c3.3(d).
Appears in 1 contract
Sources: Warrant Agreement (Host Funding Inc)