Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable Shares upon the passage of two (2) years from the Measure Date or at such time as an opinion of counsel satisfactory in form and substance to Parent shall have been rendered to the effect that such conditions are not necessary in order to comply with the Act.
Appears in 4 contracts
Sources: Stockholder Agreement (New Athletics, Inc.), Stockholder Agreement (New Athletics, Inc.), Stockholder Agreement (Aviza Technology, Inc.)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 4.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the 1933 Act.
Appears in 3 contracts
Sources: Registration Rights Agreement (Telvent Git S A), Registration Rights Agreement (Telvent Git S A), Registration Rights Agreement (Abengoa Sa)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 5.10 or Section 7.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Sources: Securities Purchase Agreement (MVB Financial Corp), Purchase Agreement (Nb&t Financial Group Inc)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 5.10 or Section 7.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares, and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Sources: Purchase Agreement, Purchase Agreement
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof Article 4 or Article 6 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of the Registrable Shares upon the passage of two (2) years from the Measure Closing Date or at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Silverleaf Resorts Inc), Securities Purchase Agreement (Gexa Corp)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 7.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years one year from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The restrictions ----------------------------------------- imposed by Section 6.3 hereof 5 or this Section 7 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the passage of two (2) years from the Measure Date effective date of the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 5.9 or Section 7.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years one year from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 3 and Section 9 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 5 or this Section 7 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the passage of two (2) years from the Measure Date effective date of the Registration Statement or at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Sources: Purchase Agreement (KFX Inc)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 7.3 or Section 7.5 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Sources: Purchase Agreement (Bank of the James Financial Group Inc)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 5 or this Section 7 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the passage of two (2) years twenty-four months from the Measure Date effective date of the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory in form and substance to Parent Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof Article 3 or Article 5 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of the Registrable Shares upon the passage of two (2) years from the Measure Closing Date or at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Sources: Securities Purchase Agreement (Trikon Technologies Inc)
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 8.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Termination of Conditions and Obligations. The restrictions imposed by Section 6.3 hereof 5.11 or Section 7.2 upon the transferability of the Registrable Shares shall cease and terminate as to any particular number of Registrable the Shares upon the earlier of (i) the passage of two (2) years from the Measure Date or effective date of the Registration Statement covering such Shares and (ii) at such time as an opinion of counsel satisfactory in form and substance to Parent the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.
Appears in 1 contract
Sources: Purchase Agreement (Cytrx Corp)