Common use of Federal and State Securities Law Compliance Clause in Contracts

Federal and State Securities Law Compliance. The Company represents and warrants that it has taken prior to the execution and delivery of this Agreement all such action as is necessary in order to obtain an exemption for, or to, qualify the Securities for sale to, and by, the Purchasers under all applicable securities laws (including, without limitation, all federal securities laws and “Blue Sky” laws of the states of the United States (or to obtain an exemption from such qualification)), and the Company shall provide evidence of any such action so taken to the Purchasers simultaneously with the Closing. The Company shall make all filings and reports relating to the offer and sale of the Securities required under all applicable securities laws (including, without limitation, all federal securities laws and “Blue Sky” laws of the states of the United States) following the Closing, and the Company shall comply with all applicable federal, state and local laws, statutes, rules, regulations and the like relating to the offering and sale of the Securities to, and by, the Purchasers.

Federal and State Securities Law Compliance. The Company represents and warrants that it has taken prior to before the execution and delivery of this Agreement all such action as is necessary in order to obtain an exemption for, or to, qualify the Securities for sale to, and by, the Purchasers under all applicable securities laws (including, without limitation, all federal securities laws and “Blue Sky” laws of the states of the United States (or to obtain an exemption from such qualification)), and the Company shall provide evidence of any such action so taken to the Purchasers simultaneously with the Closing. The Company shall make all filings and reports relating to the offer and sale of the Securities required under all applicable securities laws (including, without limitation, all federal securities laws and “Blue Sky” laws of the states of the United States) following the Closing, and the Company shall comply with all applicable federal, state and local laws, statutes, rules, regulations and the like relating to the offering and sale of the Securities to, and by, the Purchasers.