Common use of Not Registered Clause in Contracts

Not Registered. The Purchaser understands and acknowledges that the offering and sale of the Note pursuant to this Agreement will not be registered under the Securities Act on the grounds that the offering and sale of the Note are exempt from registration under the Securities Act, and that the Company's reliance upon such exemption is predicated upon the Purchaser's representations set forth in this Agreement. The Purchaser acknowledges and understands that resale of the Note may be restricted indefinitely unless the Note is subsequently registered under the Securities Act or an exemption from such registration is available.

Appears in 4 contracts

Samples: Note Purchase and Security Agreement (Wireless Age Communications Inc), Note Purchase Agreement (Quotesmith Com Inc), Note Purchase and Security Agreement (Wireless Age Communications Inc)

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