Common use of Purchase of Securities Permitted by Applicable Laws Clause in Contracts

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers shall have received such certificates or other evidence as they may reasonably request to establish compliance with this condition.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Aqua Chem Inc), Securities Purchase Agreement (Fulcrum Direct Inc), Securities Purchase Agreement (Fulcrum Direct Inc)

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Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers Purchaser hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers Purchaser to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers Purchaser or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers Purchaser shall have received such certificates or other evidence as they the Purchaser may reasonably request to establish compliance with this condition.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tel Instrument Electronics Corp), Securities Purchase Agreement (Tel Instrument Electronics Corp)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers such Purchaser hereunder and the consummation of the transactions contemplated hereby and by the other Transaction Documents (ai) shall not be prohibited by any Requirement of Lawlaw, (bii) shall not subject the Purchasers such Purchaser to any penalty or other onerous condition under or pursuant to any Requirement of Lawlaw, and (ciii) shall be permitted by all Requirements of Law applicable laws to which the Purchasers either such Purchaser or the transactions contemplated by or referred to herein or in the other Transaction Documents are subject; subject and the Purchasers such Purchaser shall have received such certificates or other evidence as they it may reasonably request to establish compliance with this condition.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Spirit Airlines, Inc.), Securities Purchase Agreement (Spirit Airlines, Inc.)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities Series D Notes and the New Warrants to be acquired by the Purchasers Lenders hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers Agent or any Lender to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers Agent or any Lender or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers Agent and each Lender shall have received such certificates or other evidence as they the Agent or such Lender may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers hereunder and the consummation of the transactions contemplated hereby and by the other Transaction Documents or the Restructuring Agreement (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers any Purchaser or the transactions contemplated by or referred to herein or in the other Transaction Documents or the Restructuring Agreement are subject; and the Purchasers Agent shall have received such certificates or other evidence as they may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Purchase Agreement (Celerity Group Inc)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers Purchaser hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents Documents (a) shall not be prohibited by any Requirement of Law, , (b) shall not subject the Purchasers Purchaser to any penalty or other onerous condition under or pursuant to any Requirement of Law, and and (c) shall be permitted by all Requirements of Law to which the Purchasers Purchaser or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers Purchaser shall have received such certificates or other evidence as they it may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mercury Air Group Inc)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities Purchased Shares to be acquired by the Purchasers hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers each Purchaser shall have received such certificates or other evidence as they it may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Share Purchase Agreement (Wh Holdings Cayman Islands LTD)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers Purchaser hereunder and the consummation of the transactions contemplated hereby and by the Transaction Investment Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers Purchaser to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers Purchaser or the transactions contemplated by or referred to herein or in the Transaction Investment Documents are subject; and the Purchasers Purchaser shall have received such certificates or other evidence as they it may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cornerstone OnDemand Inc)

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Purchase of Securities Permitted by Applicable Laws. The --------------------------------------------------- acquisition of and payment for the Securities to be acquired by the Purchasers Purchaser hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers Purchaser to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers Purchaser or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers Purchaser shall have received such certificates or other evidence as they may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bankvest Capital Corp)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers Lenders hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers Agent or any Lender to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers Agent or any Lender or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers Agent and each Lender shall have received such certificates or other evidence as they the Agent or such Lender may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers either Purchaser or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers shall have received such certificates or other evidence as they may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Neoprobe Corp)

Purchase of Securities Permitted by Applicable Laws. The acquisition of and payment for the Securities to be acquired by the Purchasers hereunder and the consummation of the transactions contemplated hereby and by the Transaction Documents (a) shall not be prohibited by any Requirement of Law, (b) shall not subject the Purchasers to any penalty or other onerous condition under or pursuant to any Requirement of Law, and (c) shall be permitted by all Requirements of Law to which the Purchasers or the transactions contemplated by or referred to herein or in the Transaction Documents are subject; and the Purchasers shall have received such certificates or other evidence as they may reasonably request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aqua Chem Inc)

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