Common use of Blue Sky Qualification Clause in Contracts

Blue Sky Qualification. The purchase of the Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities from applicable Federal and state securities laws. The Company will not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The My right to purchase of the Securities Shares under this Subscription Agreement is are expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The undersigned's right to purchase of the Securities ---------------------- Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal and state securities laws. The Company will not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will not shall file such notices and related documents as necessary to permit the Shares to be required to qualify this transaction sold without registration under the applicable securities or “Blue Sky” laws of any jurisdiction and, should qualification be necessary, the Company will be released states of the United States (or to obtain an exemption from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdictionsuch qualification).

Blue Sky Qualification. The purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from registration and/or qualification of the offer and sale of the Securities Shares from applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offerthe Offering, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will not shall file such notices and related documents as necessary to permit the Shares to be required to qualify this transaction sold without registration under the applicable securities or “Blue Sky” laws of any jurisdiction and, should qualification be necessary, the Company will be released states of the United States (or to obtain an exemption from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdictionsuch qualification).

Blue Sky Qualification. The Subscriber's right to purchase of the Securities Shares under this Subscription Agreement is are expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The Purchaser’s right to purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The undersigned's right to ---------------------- purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase right of the Securities Purchaser to purchase the Shares under this Stock Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Offerors and the Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will Offerors shall be released from any and all obligations to maintain its their offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The Subscriber’s right to purchase of the Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities from applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, offer and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Preferred Shares under this Subscription Agreement and the issuance of the Conversion Shares is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Preferred Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities from under applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the such jurisdiction.

Blue Sky Qualification. The purchase of the Securities Shares and Warrant under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares and Warrants from applicable Federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the such jurisdiction.

Blue Sky Qualification. The Purchaser’s right to purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal Federal, state and state provincial securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The right of the Purchaser to purchase of the Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The undersigned's right to purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The Undersigned's right to purchase of the Securities Shares under this Subscription Conversion Agreement is are expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal and state State securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The purchase of the Securities Preferred Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Preferred Shares from applicable Federal federal and state securities laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Blue Sky Qualification. The My right to purchase of the Securities Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Securities Shares from applicable Federal federal and state securities or blue sky laws. The Company will shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company will shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the said jurisdiction.