Common use of EXEMPTION FROM LIABILITY UNDER Clause in Contracts

EXEMPTION FROM LIABILITY UNDER. Section 16(b). Based on Seller’s representation in Section 4.5 below, the terms of the transactions contemplated by this Agreement were approved prior to the execution and delivery of this Agreement by Buyer’s board of directors in accordance with Rule 16b-3(e) under the Exchange Act for the purpose of exempting such transactions from Section 16(b) of the Exchange Act.

EXEMPTION FROM LIABILITY UNDER. Section 16(b). Based on the Seller’s 's representation in Section 4.5 below3.3, the terms of the transactions transaction contemplated by this Agreement were approved prior to the execution and delivery of this Agreement by the Buyer’s 's board of directors in accordance with Rule 16b-3(e16b-3(f) under of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), for the purpose of exempting such transactions transaction from Section 16(b) of the Exchange Act.

EXEMPTION FROM LIABILITY UNDER. Section 16(b). Based on the Seller’s representation in Section 4.5 below3.3, the terms of the transactions transaction contemplated by this Agreement were approved prior to the execution and delivery of this Agreement by the Buyer’s board of directors in accordance with Rule 16b-3(e16b-3(f) under of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), for the purpose of exempting such transactions transaction from Section 16(b) of the Exchange Act.

EXEMPTION FROM LIABILITY UNDER. Section 16(b). Based on Seller’s representation in Section 4.5 4.3 below, the terms of the transactions transaction contemplated by this Agreement were approved prior to the execution and delivery of this Agreement by Buyer’s board of directors in accordance with Rule 16b-3(e16b-3(f) under of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), for the purpose of exempting such transactions transaction from Section 16(b) of the Exchange Act.