Common use of No Disqualifying Orders Clause in Contracts

No Disqualifying Orders. None of GG or the Responsible Party or any of their affiliates, directors, officers or principals is subject to any disqualifying order under the “Bad Boy” provisions of the federal or any state’s securities law. As used herein, “Bad Boy” provisions include Rule 262 of Regulation A, Rule 507 of Regulation D and other similar disqualifying provisions of federal and state securities laws.

No Disqualifying Orders. None of GG SKM, HQS or the Responsible Party Principal Stockholders or any of their respective affiliates, directors, officers or principals is subject to any disqualifying order under the “"Bad Boy” " provisions of the federal or any state’s 's securities law. As used herein, “"Bad Boy” " provisions include Rule 262 of Regulation A, Rule 507 of Regulation D and other similar disqualifying provisions of federal and state securities laws.