Common use of Restrictions on Transferability Clause in Contracts

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this AgreementSection 2, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder The Investors will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder the Investors to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 2.

Restrictions on Transferability. The Registrable Securities (as defined herein) shall not be sold, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder The Holders will cause any proposed purchaser, assignee, transferee, transferee or pledgee of the Registrable Securities any such securities held by a Holder the Holders or transferee to agree to take and hold such securities subject to the provisions restrictions and upon the conditions specified in this Agreement, including, without limitation, the restrictions set forth in Section 4.

Restrictions on Transferability. The Registrable Securities (as defined herein) shall not be sold, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Shares and the Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this AgreementSection 6, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder The Investors will cause any proposed purchaser, assignee, transferee, or pledgee of the Shares or the Registrable Securities held by a Holder the Investors to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 6.

Restrictions on Transferability. (a) The Registrable Securities shall not be soldTransferred, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each The Holder will cause any proposed purchaser, assignee, transferee, or pledgee of transferee who receives the Registrable Securities held by in a Transfer other than a sale pursuant to (i) an effective registration statement under the Securities Act or (ii) Rule 144 under the Securities Act to assume in writing the obligations and restrictions of the Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in under this Agreement, including without limitation the restrictions set forth in Section 4 (a "Permitted Transferee").

Restrictions on Transferability. The Registrable Restricted Securities shall not be sold, assignedpledged, transferred or pledged otherwise transferred, and the Company shall not recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge, or transfer, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each A transferring Holder will cause any proposed purchaser, assignee, transfereepledgee, or pledgee transferee of the Preferred Stock and the Registrable Securities held by a such Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged otherwise disposed of, except upon the conditions specified in this Agreement, which conditions are intended accordance with and subject to ensure compliance with the provisions of the Securities Act. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee Act and the rules and regulations of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementCommission promulgated thereunder.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this Agreementapplicable Note or Warrant, which conditions are intended to ensure compliance with the provisions of the Securities 1933 Act. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementAgreement and in the applicable Note or Warrant.

Restrictions on Transferability. The Registrable Securities (as defined herein) shall not be sold, assigned, transferred or pledged transferable except upon the conditions specified in this AgreementSection 1, which conditions are 2 intended to ensure compliance with the provisions of the Securities Act. Each Holder (as defined herein) will cause any proposed purchaser, assignee, transferee, or pledgee transferee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 1.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities ActAct and to preserve and protect the best business interests of all stockholders of the Company. Each Holder will cause any proposed purchaser, assignee, transferee, transferee or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this AgreementSection 2, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder The Investors and Placement Agents will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder the Investors or Placement Agents to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 2.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged transferable except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder holder of Registrable Securities will cause any proposed purchaser, assignee, transferee, or pledgee transferee of the Registrable Securities held by a Holder such securities to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged pledged, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities ActAct or any applicable securities laws. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged transferable except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Except as provided in SECTIONS 4, 5 AND 6 below, each Holder of Registrable Securities will cause any proposed purchaser, assignee, transferee, or pledgee transferee of the Registrable Securities held by a such Holder to agree to take and hold such securities Registrable Securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Shares and the Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this AgreementSection 2, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder The Investors and the Holders will cause any proposed purchaser, assignee, transferee, or pledgee of the Shares or the Registrable Securities held by a Holder such Investor or Holders to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 2.

Restrictions on Transferability. The Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in under a registration statement as contemplated by this Agreement, which conditions are intended to ensure compliance in accordance with the provisions of Rule 145 or in a transaction otherwise exempt from the Securities Act. Each Holder will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

Restrictions on Transferability. The Shares and the Registrable Securities shall not be sold, assigned, transferred or pledged except upon the conditions specified in this AgreementSection 2, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder will The Investors shall cause any proposed purchaser, assignee, transferee, or pledgee of the Shares or the Registrable Securities held by a Holder the Investors to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 2.

Restrictions on Transferability. The Registrable Securities ------------------------------- shall not be sold, assigned, transferred or pledged except upon the conditions specified in this AgreementSection 2, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each Holder The Investors will cause any proposed purchaser, assignee, transferee, or pledgee of the Registrable Securities held by a Holder the Investors to agree to take and hold such securities subject to the provisions and upon the conditions specified in this AgreementSection 2.

Restrictions on Transferability. The Registrable Securities Holder shall not be soldTransfer Registrable Securities, assigned, transferred or pledged except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. Each The Holder will cause any proposed purchaser, assignee, transferee, or pledgee of transferee who receives the Registrable Securities held by in a Transfer other than a sale pursuant to (i) an effective registration statement under the Securities Act or (ii) Rule 144 under the Securities Act to assume in writing the obligations and restrictions of the Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in under this Agreement, including, without limitation the restrictions set forth in Section 4 (a “Permitted Transferee”).