Common use of Deemed Statutory Underwriter Clause in Contracts

Deemed Statutory Underwriter. The Subscriber acknowledges that if the Subscriber acquires the Securities with a view to the distribution of the Securities, or participates or has a direct or indirect participation in any such undertaking, or participates or has a participation in the direct or indirect underwriting of any such undertaking, the Subscriber may be deemed a statutory underwriter under section 2(11) of the Securities Act of 1933, as amended, (the "1933 Act").

Appears in 3 contracts

Samples: Asset Sale and Purchase Agreement (Douglas Lake Minerals Inc.), Asset Sale and Purchase Agreement (Douglas Lake Minerals Inc.), Asset Sale and Purchase Agreement (Douglas Lake Minerals Inc.)

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Deemed Statutory Underwriter. The Subscriber acknowledges that if the Subscriber acquires the Securities with a view to the distribution of the Securities, or participates or has a direct or indirect participation in any such undertaking, or participates or has a participation in the direct or indirect underwriting of any such undertaking, the Subscriber may be deemed a statutory underwriter under section 2(11) of the Securities Act of 1933, as amended, (the "1933 Act").

Appears in 1 contract

Samples: Subscription Agreement (Most Home Corp)

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