Common use of Accounts Not Registered Under the Securities Laws Clause in Contracts

Accounts Not Registered Under the Securities Laws. (a) Neither the Accounts under, nor the Participation Agreement to be executed in connection with, the Program will be registered under the Securities Act of 1933, as amended, or with the securities regulatory authority of any state.

Accounts Not Registered Under the Securities Laws. (a) Neither the Accounts under, nor the Participation Agreement to be executed in connection with, the Program will be registered under the Securities Act of 1933, as amended, or with the securities regulatory authority of any state.