Common use of Bad Actor Clause in Contracts

Bad Actor. Neither the Purchaser nor any person or entity with whom the Purchaser will share beneficial ownership of the Securities, is subject to any of the “Bad Actor” disqualifications described in Rule 506(d)(1)(i) to (viii) under the Securities Act.

Bad Actor. Neither the Purchaser Purchaser, nor any person or entity with whom “Covered Person” related to the Purchaser will share beneficial ownership of the SecuritiesPurchaser, is subject to any of the a “Bad Actor” disqualifications described in under Rule 506(d)(1)(i506(d) to (viii) of Regulation D of the Rules and Regulations promulgated under the Securities Act.

Bad Actor. Neither the Purchaser Purchaser, nor any person of its shareholders, members, managers, general or entity with whom the Purchaser will share beneficial ownership of the Securitieslimited partners, directors, affiliates or executive officers, is subject to any of the “Bad Actor” disqualifications described in Rule 506(d)(1)(i) to (viii) under the Securities Act.