Common use of Exempt from Registration; Restricted Securities Clause in Contracts

Exempt from Registration; Restricted Securities. It understands that the Preferred Shares, the Series B-1 Warrants and the Converted Shares will not, when issued, be registered under the Securities Act or registered or listed publicly pursuant to any other applicable securities laws and regulations, on the ground that the sale provided for in this Agreement is exempt from registration under the Securities Act or the registration or listing requirements of any other applicable securities laws and regulations, and that the reliance of the Company on such exemption is predicated in part on its representations set forth in this Agreement. It understands that the Preferred Shares, the Series B-1 Warrants and the Converted Shares are restricted securities within the meaning of Rule 144 under the Securities Act and that the Preferred Shares, the Series B-1 Warrants and the Converted Shares are not registered or listed publicly and must be held indefinitely unless they are subsequently registered or listed publicly or an exemption from such registration or listing is available.

Exempt from Registration; Restricted Securities. It The Investor understands that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Common Shares issuable upon conversion of Series A Shares will not, when issued, be registered under the Securities Act or registered or listed publicly pursuant to any other applicable securities laws and regulations, on the ground that the sale provided for in this Agreement is exempt from registration under the Securities Act or the registration or listing requirements of any other applicable securities laws and regulations, and that the reliance of the Company on such exemption is predicated in part on its the Investor’s representations set forth in this Agreement. It The Investor understands that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Common Shares issuable upon conversion of Series A Shares are restricted securities within the meaning of Rule 144 under the Securities Act and that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Common Shares issuable upon conversion of Series A Shares are not registered or listed publicly and must be held indefinitely unless they are subsequently registered or listed publicly or an exemption from such registration or listing is available.

Exempt from Registration; Restricted Securities. It The Investor understands that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Ordinary Shares issuable upon conversion of Series A Shares will not, when issued, be registered under the Securities Act or registered or listed publicly pursuant to any other applicable securities laws and regulations, on the ground that the sale provided for in this Agreement is exempt from registration under the Securities Act or the registration or listing requirements of any other applicable securities laws and regulations, and that the reliance of the Company on such exemption is predicated in part on its the Investor’s representations set forth in this Agreement. It The Investor understands that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Ordinary Shares issuable upon conversion of Series A Shares are restricted securities within the meaning of Rule 144 under the Securities Act and that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Ordinary Shares issuable upon conversion of Series A Shares are not registered or listed publicly and must be held indefinitely unless they are subsequently registered or listed publicly or an exemption from such registration or listing is available.

Exempt from Registration; Restricted Securities. It Each Investor understands that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Ordinary Shares issuable upon conversion of Series A Shares will not, when issued, be registered under the Securities Act or registered or listed publicly pursuant to any other applicable securities laws and regulations, on the ground that the sale provided for in this Agreement is exempt from registration under the Securities Act or the registration or listing requirements of any other applicable securities laws and regulations, and that the reliance of the Company on such exemption is predicated in part on its the Investor’s representations set forth in this Agreement. It Each Investor understands that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Ordinary Shares issuable upon conversion of Series A Shares are restricted securities within the meaning of Rule 144 under the Securities Act and that the Preferred Shares, the Series B-1 Warrants A Shares and the Converted Ordinary Shares issuable upon conversion of Series A Shares are not registered or listed publicly and must be held indefinitely unless they are subsequently registered or listed publicly or an exemption from such registration or listing is available.

Exempt from Registration; Restricted Securities. It Such Investor understands that the Preferred Shares, the Series B-1 Warrants A-1 Shares to be acquired by such Investor and the Converted corresponding Conversion Shares will not, when issued, have not been and may not be registered under the Securities Act or registered or listed publicly pursuant to any other applicable securities laws and regulations, on the ground that the issue and sale provided for in this Agreement is exempt from registration under the Securities Act or the registration or listing requirements of any other applicable securities laws and regulations, and that the reliance of the Company on such exemption is predicated in part on its such Investor’s representations set forth in this Agreement. It Such Investor understands that the Preferred Shares, the Series B-1 Warrants A-1 Shares and the Converted Conversion Shares are restricted securities within the meaning of Rule 144 under the Securities Act and Act; that the Preferred Shares, the such Series B-1 Warrants A-1 Shares and the Converted Conversion Shares are not registered or listed publicly and must be held indefinitely unless they are subsequently registered or listed publicly or an exemption from such registration or listing is available.