Common use of Exempt Issuance Clause in Contracts

Exempt Issuance. Each of the Shareholders acknowledges that he, she or it must assure the Company that the offer and sale of the Company Shares to such Shareholder qualifies for an exemption from the registration requirements imposed by the Securities Act and from applicable securities laws of any state of the United States. Each of the Shareholders agrees that he meets the criteria established in one or more of subsections (a) or (b), below. (a) Accredited Investor, Section 4(2) of the Securities Act and/or Rule 506 of Regulation D. The Shareholder qualifies as an “accredited investor”, as that term is defined in Rule 501 of Regulation D, promulgated under the Securities Act.

Appears in 8 contracts

Samples: Share Exchange Agreement (Red Rock Pictures Holdings, Inc), Share Exchange Agreement (Hong Kong Highpower Technology, Inc.), Share Exchange Agreement (China Growth Development, Inc.)

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Exempt Issuance. Each of the Shareholders Shareholder acknowledges that he, she or it must assure the Company that the offer and sale of the Company Shares to such Shareholder qualifies for an exemption from the registration requirements imposed by the Securities Act and from applicable securities laws of any state of the United States. Each of the Shareholders Shareholder agrees that he he, she or it meets the criteria established in one or more both of subsections (a) or (b), below. (a) Accredited Investor, Section 4(2) of the Securities Act and/or Rule 506 of Regulation D. The Shareholder qualifies as an “accredited investor”, ,” as that term is defined in Rule 501 of Regulation D, promulgated under the Securities Act.

Appears in 4 contracts

Samples: Share Exchange Agreement (CAT9 Group Inc.), Share Exchange Agreement (China Century Dragon Media, Inc.), Share Exchange Agreement (China Wesen Recycling Technology, Inc.)

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