Common use of Obligations and Acknowledgements of the Purchasers Clause in Contracts

Obligations and Acknowledgements of the Purchasers. In connection with the registration of the Registrable Securities pursuant to Section 6.2, each Purchaser shall have the following obligations and hereby make the following acknowledgements: (a) It shall be a condition precedent for the Borrower to include the Registrable Securities in the Registration Statement that each Purchaser wishing to participate in the Registration Statement (i) shall furnish to the Borrower such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably required to effect the registration of such Registrable Securities and (ii) shall execute such documents in connection with such registration as the Borrower may reasonably request; (b) each Purchaser requesting registration agrees to cooperate with the Borrower in connection with the preparation and filing of a Registration Statement hereunder, unless such Purchaser has notified the Borrower in writing of its election to exclude all of its Registrable Securities from such Registration Statement; and (c) each Purchaser acknowledges that it may be deemed to be a statutory underwriter within the meaning of the Securities Act with respect to the Registrable Securities being registered for resale by it, and if a Purchaser includes Registrable Securities for offer and sale within a Registration Statement such Purchaser hereby consents to the inclusion in such Registration Statement of a disclosure to such effect.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Spendsmart Networks, Inc.), Securities Purchase Agreement (Spendsmart Networks, Inc.), Securities Purchase Agreement (Spendsmart Networks, Inc.)

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Obligations and Acknowledgements of the Purchasers. In connection with the registration of the Registrable Registerable Securities pursuant to Section 6.2, each Purchaser shall have the following obligations and hereby make the following acknowledgements: (a) It shall be a condition precedent for the Borrower to include the Registrable Registerable Securities in the Registration Statement that each Purchaser wishing to participate in the Registration Statement (i) shall furnish to the Borrower such information regarding itself, the Registrable Registerable Securities held by it and the intended method of disposition of the Registrable Registerable Securities held by it as shall be reasonably required to effect the registration of such Registrable Registerable Securities and (ii) shall execute such documents in connection with such registration as the Borrower may reasonably request; (b) each Purchaser requesting registration agrees to cooperate with the Borrower in connection with the preparation and filing of a Registration Statement hereunder, unless such Purchaser has notified the Borrower in writing of its election to exclude all of its Registrable Registerable Securities from such Registration Statement; and (c) each Purchaser acknowledges that it may be deemed to be a statutory underwriter within the meaning of the Securities Act with respect to the Registrable Registerable Securities being registered for resale by it, and if a Purchaser includes Registrable Registerable Securities for offer and sale within a Registration Statement such Purchaser hereby consents to the inclusion in such Registration Statement of a disclosure to such effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Premier Alliance Group, Inc.)

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Obligations and Acknowledgements of the Purchasers. In connection with the registration of the Registrable Registerable Securities pursuant to Section 6.2, each Purchaser shall have the following obligations and hereby make the following acknowledgements: (a) It shall be a condition precedent for the Borrower Company to include the Registrable Registerable Securities in the Registration Statement that each Purchaser wishing to participate in the Registration Statement (i) shall furnish to the Borrower Company such information regarding itself, the Registrable Registerable Securities held by it and the intended method of disposition of the Registrable Registerable Securities held by it as shall be reasonably required to effect the registration of such Registrable Registerable Securities and (ii) shall execute such documents in connection with such registration as the Borrower Company may reasonably request; (b) each Purchaser requesting registration agrees to cooperate with the Borrower Company in connection with the preparation and filing of a Registration Statement hereunder, unless such Purchaser has notified the Borrower Company in writing of its election to exclude all of its Registrable Registerable Securities from such Registration Statement; and (c) each Purchaser acknowledges that it may be deemed to be a statutory underwriter within the meaning of the Securities Act with respect to the Registrable Registerable Securities being registered for resale by it, and if a Purchaser includes Registrable Registerable Securities for offer and sale within a Registration Statement such Purchaser hereby consents to the inclusion in such Registration Statement of a disclosure to such effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Multimedia Platforms Inc.)

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