Common use of Restrictions in General Clause in Contracts

Restrictions in General. The Registered Holder of the Warrants agrees that it will neither (i) transfer the Warrants prior to delivery to the Company of the opinion of counsel referred to in, and to the effect described in, Paragraph 6B, or until registration hereof under the Securities Act and any applicable state securities or blue sky laws has become effective, nor (ii) transfer such Exercise Shares prior to delivery to the Company of the opinion of counsel referred to in, and to the effect described in, Paragraph 6B, or until registration of such Exercise Shares under the Securities Act and any applicable state securities or blue sky laws has become effective.