Indiana Amendment No. 2 to Registration Rights Agreement is a legal document that specifically pertains to Visible Genetics, Inc., a company operating in the state of Indiana, and its common shareholders. This amendment outlines the rights and obligations of both Visible Genetics, Inc. and the purchasers of its common shares in terms of registration of these shares. The main purpose of this amendment is to modify the existing Registration Rights Agreement between Visible Genetics, Inc. and its common shareholders. It introduces certain changes, additions, or deletions to the original agreement, ensuring that all parties involved are aware of their rights and responsibilities related to the registration of common shares. Keywords: Indiana, Amendment No. 2, Registration Rights Agreement, Visible Genetics, Inc., common shares, purchasers, legal document, rights, obligations, modification, shareholders, changes, additions, deletions, parties, registration process. Different types or variations of Indiana Amendment No. 2 to Registration Rights Agreement may not exist, as the specific name suggests that this is the Second Amendment made to the original agreement. However, it's important to note that there may be other amendments to the Registration Rights Agreement that are not specifically named "Indiana Amendment No. 2." These other amendments could be denoted with different numbers, names, or descriptions, depending on the circumstances and legal requirements.
Indiana Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company
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What Is Registration Right? A registration right is a right entitling an investor who owns restricted stock to require that a company list the shares publicly so that the investor can sell them. Registration rights, if exercised, can force a privately-held company to become a publicly-traded company.
What Is Registration Right? A registration right is a right entitling an investor who owns restricted stock to require that a company list the shares publicly so that the investor can sell them. Registration rights, if exercised, can force a privately-held company to become a publicly-traded company.
Rule 144 provides an exemption and permits the public resale of restricted or control securities if a number of conditions are met, including how long the securities are held, the way in which they are sold, and the amount that can be sold at any one time.
If the seller complies with Rule 144, the sale will not violate the registration requirements of the Securities Act. Rule 144 imposes certain holding period, informational, volume, manner of sale and notice obligations in certain situations and for certain stockholders.
Form 144 must be filed with the SEC by an affiliate as a notice of the proposed sale of securities when the amount to be sold under Rule 144 during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000.
Section 144 of the Criminal Procedure Code (CrPC) of 1973 authorises the Executive Magistrate of any state or territory to issue an order to prohibit the assembly of four or more people in an area. ing to the law, every member of such 'unlawful assembly' can be booked for engaging in rioting.