Common use of Preferred Stock Offering Clause in Contracts

Preferred Stock Offering. Subject to the truth and accuracy of the ------------------------ representations and warranties of the Investors set forth in Section 5, the offer, sale and issuance of the Preferred Shares as contemplated by this Agreement are exempt from the registration requirements of any applicable state and federal securities laws, subject to any post-Closing filings required by state "blue sky" laws.

Preferred Stock Offering. Subject to the truth and accuracy of ------------------------ the ------------------------ representations and warranties of the Investors set forth in Section 5, the offer, sale and issuance of the Preferred Shares as contemplated by this Agreement are exempt from the registration requirements of any applicable state and federal securities laws, subject to any post-Closing filings required by state "blue sky" laws.

Preferred Stock Offering. Subject to the truth and accuracy of the ------------------------ representations and warranties of the Investors set forth in Section 5, the offer, sale and issuance of the Preferred Shares as contemplated by this Agreement are exempt from for the registration requirements of any applicable state and federal securities laws, subject to any certain post-Closing filings required by state "blue sky" laws.