FURTHER LIMITATIONS ON DISPOSITION definition

FURTHER LIMITATIONS ON DISPOSITION. Without in any way limiting the representations set forth above, Employee further agrees not to make any disposition of all or any portion of the common stock being purchased hereunder except in compliance with applicable state securities laws and unless and until: (a) a registration statement under the Securities Act is then in effect covering such proposed disposition and such disposition is made in accordance with such registration statement; (b) such disposition is made in accordance with Rule 144 under the Securities Act; or (c) Employee shall have notified the Company of the proposed disposition and shall have furnished the Company with a statement of the circumstances surrounding the proposed disposition, and, if requested by the Company, Employee shall have furnished the Company with an opinion of counsel acceptable to the Company, that such disposition will not require registration under the Securities Act and will be in compliance with applicable state securities laws.
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Related to FURTHER LIMITATIONS ON DISPOSITION

  • Permitted Remedies means, with respect to any securities, one or more of the following remedies:

  • Permitted Asset Dispositions means the following Asset Dispositions:

  • Asset Sales means the sale, lease, sale and leaseback, assignment, conveyance, transfer or other disposition by the Company or any of its Subsidiaries to any Person of any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, including, without limitation, the Capital Stock of any of the Company's Subsidiaries, provided that the sale, conveyance or other disposition of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole will be governed by the provisions of Section 5.15 and not by the provisions of Section 5.14. In addition, the term "Asset Sale" shall exclude:

  • Permitted Dispositions means each of the following:

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.