Common use of COMPLIANCE WITH PURCHASER'S REGULATORY REQUIREMENTS Clause in Contracts

COMPLIANCE WITH PURCHASER'S REGULATORY REQUIREMENTS. Company and Purchaser each hereby acknowledge its intent that this Agreement, the Warrants, the Warrant Certificates and the Warrant Shares (as well as the exercise of rights hereunder) each comply with all of the statutory and regulatory requirements applicable to Purchaser (or any subsequent Holder) relating to its ownership, exercise and/or other realization of rights in connection herewith. If at any time the terms and conditions of any such ownership, exercise or other ability to realize upon rights violates or is in conflict with any such regulatory requirements applicable to Purchaser (or such subsequent Holder), then Company and Purchaser (or such subsequent Holder) will cooperate and negotiate in good faith to amend the underlying documents (or the relevant rights therein) in order to enable Purchaser (or such subsequent Holder) to be in compliance in all material respects with such statutory and regulatory requirements.

Appears in 5 contracts

Samples: Warrant Agreement (Bizness Online Com), Warrant Agreement (Bizness Online Com), Warrant Agreement (MCG Finance Corp)

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COMPLIANCE WITH PURCHASER'S REGULATORY REQUIREMENTS. Company and Purchaser each hereby acknowledge its intent that this Agreement, the Warrants, the Warrant Certificates and the Warrant Shares (as well as the exercise of rights hereunder) each comply with all of the statutory and regulatory requirements applicable to Purchaser (or any subsequent Holder) relating to its ownership, exercise and/or other realization of rights in connection herewith. If at any time the terms and conditions of any such ownership, exercise or other ability to realize upon rights violates or is in conflict with any such regulatory requirements applicable to Purchaser (or such subsequent Holder), then Company and Purchaser (or such subsequent Holder) will cooperate and negotiate in good faith to amend the underlying documents (or the relevant rights therein) in order to enable Purchaser (or such subsequent Holder) to be in compliance in all material respects with such statutory and regulatory requirements.

Appears in 3 contracts

Samples: Option and Warrant Agreement (Talk Com), Warrant Agreement (Talk Com), Warrant Agreement (Startec Global Communications Corp)

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