Exemption of Offering. The Noteholder understands that the Preferred Stock is being issued in reliance upon an exemption from the registration requirements of the Securities Act, and applicable state securities laws, and that the Company is relying upon the accuracy of, and the Noteholder’s compliance with, the Noteholder’s representations, warranties and covenants set forth in this Agreement to determine the availability of such exemption.
Appears in 3 contracts
Samples: Note Exchange and Subscription Agreement (Comstock Holding Companies, Inc.), Note Exchange and Subscription Agreement (Comstock Holding Companies, Inc.), Note Exchange and Subscription Agreement (Prospect Global Resources Inc.)
Exemption of Offering. The Noteholder Member understands that the Preferred Stock is being issued in reliance upon an exemption from the registration requirements of the Securities Act, and applicable state securities laws, and that the Company is relying upon the accuracy of, and the NoteholderMember’s compliance with, the NoteholderMember’s representations, warranties and covenants set forth in this Agreement to determine the availability of such exemption.
Appears in 1 contract
Samples: Membership Interest Exchange and Subscription Agreement (Comstock Holding Companies, Inc.)
