Common use of No Reliance on Others Clause in Contracts

No Reliance on Others. i. The Seller, in connection with its decision to enter into this Agreement and sell the Securities being sold hereunder, has undertaken an independent analysis of the merits and risks of a sale of the Securities and is relying solely upon that analysis, the Seller’s own diligence investigation of the Company and the representations and warranties of the Purchaser set forth in Section 6. ii. The Seller has consulted with and relied upon the advice of its own representatives and advisors, and is not relying upon the Purchaser or its directors, officers, employees, members, partners, Affiliates, controlling Persons, agents or advisors, or any other Person acting on their behalf, for investment, legal, tax or other economic or technical advice related to the sale of the Securities. iii. The Seller has received, carefully reviewed and is familiar with the terms and conditions of this Agreement, and confirms that all requested documents pertaining to the Seller’s sale of the Securities to the Purchaser have been made available to the Seller and its representatives and advisors. The Seller and its representatives and advisors have had the opportunity to ask questions of, and receive answers from, the Purchaser, or a Person acting on the Purchaser’s behalf, concerning the terms of the sale of the Securities and additional information, to the extent that the Purchaser possesses such information or could acquire it without unreasonable effort or expense, and all such questions have been answered to the full satisfaction of the Seller. iv. The Seller is not selling the Securities as a result of or subsequent to any advertisement, article, notice or other communication published online or in any newspaper, magazine or similar media or broadcast over television or radio, any seminar or meeting, or any solicitation of a subscription by a Person not previously known to it in connection with sales of securities generally.

Appears in 2 contracts

Samples: Securities Purchase Agreement (King Luther Capital Management Corp), Securities Purchase Agreement (King Luther Capital Management Corp)

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No Reliance on Others. i. The SellerPurchaser, in connection with its decision to enter into this Agreement and sell acquire the Securities being sold purchased hereunder, has undertaken an independent analysis of the merits and risks of a sale of an investment in the Securities and is relying solely upon that analysis, the SellerPurchaser’s own diligence investigation of the Company and the representations and warranties of the Purchaser Seller set forth in Section 65. ii. The Seller Purchaser has consulted with and relied upon the advice of its own representatives and advisors, and is not relying upon the Purchaser Seller or its directors, officers, employees, members, partners, Affiliates, controlling Persons, agents or advisors, or any other Person acting on their its behalf, for investment, legal, tax or other economic or technical advice related to the sale of an investment in the Securities. iii. The Seller Purchaser has received, carefully reviewed and is familiar with the terms and conditions of this Agreement, and confirms that all requested documents pertaining to the SellerPurchaser’s sale purchase of the Securities to from the Purchaser Seller have been made available to the Seller Purchaser and its representatives and advisors. The Seller Purchaser and its representatives and advisors have had the opportunity to ask questions of, and receive answers from, the PurchaserSeller, or a Person acting on the PurchaserSeller’s behalf, concerning the terms of the sale purchase of the Securities and additional information, to the extent that the Purchaser Seller possesses such information or could acquire it without unreasonable effort or expense, and all such questions have been answered to the full satisfaction of the SellerPurchaser. iv. The Seller Purchaser is not selling purchasing the Securities as a result of or subsequent to any advertisement, article, notice or other communication published online or in any newspaper, magazine or similar media or broadcast over television or radio, any seminar or meeting, or any solicitation of a subscription by a Person not previously known to it in connection with sales of investments in securities generally.

Appears in 1 contract

Samples: Securities Purchase Agreement (King Luther Capital Management Corp)

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No Reliance on Others. i. The SellerPurchaser, in connection with its decision to enter into this Agreement and sell acquire the Securities being sold purchased hereunder, has undertaken an independent analysis of the merits and risks of a sale of an investment in the Securities and is relying solely upon that analysis, the SellerPurchaser’s own diligence investigation of the Company and the representations and warranties of the Purchaser Sellers set forth in Section 65. ii. The Seller Purchaser has consulted with and relied upon the advice of its own representatives and advisors, and is not relying upon the Purchaser Sellers or its their respective directors, officers, employees, members, partners, Affiliates, controlling Persons, agents or advisors, or any other Person acting on their behalf, for investment, legal, tax or other economic or technical advice related to the sale of an investment in the Securities. iii. The Seller Purchaser has received, carefully reviewed and is familiar with the terms and conditions of this Agreement, and confirms that all requested documents pertaining to the SellerPurchaser’s sale purchase of the Securities to from the Purchaser Sellers have been made available to the Seller Purchaser and its representatives and advisors. The Seller Purchaser and its representatives and advisors have had the opportunity to ask questions of, and receive answers from, the PurchaserSellers, or a Person acting on the Purchaser’s Sellers’ behalf, concerning the terms of the sale purchase of the Securities and additional information, to the extent that the Purchaser possesses Sellers possess such information or could acquire it without unreasonable effort or expense, and all such questions have been answered to the full satisfaction of the SellerPurchaser. iv. The Seller Purchaser is not selling purchasing the Securities as a result of or subsequent to any advertisement, article, notice or other communication published online or in any newspaper, magazine or similar media or broadcast over television or radio, any seminar or meeting, or any solicitation of a subscription by a Person not previously known to it in connection with sales of investments in securities generally.

Appears in 1 contract

Samples: Securities Purchase Agreement (King Luther Capital Management Corp)

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