Common use of Disqualification Events Clause in Contracts

Disqualification Events. No “bad actor” disqualification event is applicable to the Purchaser or, to the Purchaser’s knowledge, any Person, with respect to such Purchaser as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, listed in the first paragraph of Rule 506(d)(1), except for a disqualification event as to which Rule 506(d)(2)(ii–iv) or (d)(3), is applicable.

Disqualification Events. No “bad actor” disqualification event is applicable to the Purchaser Investor or, to the PurchaserInvestor’s knowledge, any Personperson, with respect to such Purchaser Investor as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, listed in the first paragraph of Rule 506(d)(1), except for a disqualification event as to which Rule 506(d)(2)(ii–iv) or (d)(3), is applicable.

Disqualification Events. No “bad actor” disqualification event is applicable to the Purchaser Subscriber or, to the PurchaserSubscriber’s knowledge, any Personperson, with respect to such Purchaser Subscriber as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, listed in the first paragraph of Rule 506(d)(1), except for a disqualification event as to which Rule 506(d)(2)(ii–iv) or (d)(3), is applicable.