Common use of Non-Affiliate Status Clause in Contracts

Non-Affiliate Status. The Purchaser represents and warrants that: (i) it is not an “affiliate” of the Company as such term is defined in Rule 405 promulgated under the Securities Act or Rule 12b-2 promulgated under the Exchange Act; (ii) during the last six months the Purchaser has not engaged in any transactions in violation of Section 16 of the Exchange Act; and (iii) the consummation of the transactions contemplated hereby will not result in any violation of Section 16 of the Exchange Act by the Purchaser.

Appears in 8 contracts

Samples: Securities Purchase Agreement (DropCar, Inc.), Securities Purchase Agreement (XpresSpa Group, Inc.), Securities Purchase Agreement (Genius Brands International, Inc.)

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Non-Affiliate Status. The Purchaser represents and warrants thatthat to the knowledge of such Purchaser: (i) it is not an “affiliate” of the Company as such term is defined in Rule 405 promulgated under the Securities Act or Rule 12b-2 promulgated under the Exchange Act; (ii) during the last six months the Purchaser has not engaged in any transactions in violation of Section 16 of the Exchange Act; and (iii) the consummation of the transactions contemplated hereby will not result in any violation of Section 16 of the Exchange Act by the Purchaser.

Appears in 1 contract

Samples: Series a Convertible Preferred Stock Securities Purchase Agreement (KinerjaPay Corp.)

Non-Affiliate Status. The Purchaser represents and warrants that: (i) it is not an “affiliate” of the Company as such term is defined in Rule 405 promulgated under the Securities Act or Rule 12b-2 promulgated under the Exchange Act; (ii) during the last six months the Purchaser has not engaged in any transactions in violation of Section 16 of the Exchange Act; and (iii) the consummation of the transactions contemplated hereby will not result in any violation of Section 16 of the Exchange Act by the PurchaserAct.

Appears in 1 contract

Samples: Securities Purchase Agreement (WPCS International Inc)

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Non-Affiliate Status. The Purchaser represents and warrants thatthat to the knowledge of the Purchaser: (i) it is not an “affiliate” of the Company as such term is defined in Rule 405 promulgated under the Securities Act or Rule 12b-2 promulgated under the Exchange Act; (ii) during the last six months the Purchaser has not engaged in any transactions in violation of Section 16 of the Exchange Act; and (iii) the consummation of the transactions contemplated hereby will not result in any violation of Section 16 of the Exchange Act by the Purchaser.

Appears in 1 contract

Samples: Series H Convertible Preferred Stock Securities Purchase Agreement (Quad M Solutions, Inc.)

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