Purchase Permitted by Applicable Laws; Legal Investment. Each Purchaser’s purchase of and payment for the Notes to be purchased by it (i) shall not be prohibited by any Applicable Law or governmental regulation; and (ii) shall be permitted by the laws and regulations of the jurisdictions to which it is subject.
Appears in 7 contracts
Samples: Note Purchase Agreement (NextWave Wireless Inc.), Intercreditor Agreement (NextWave Wireless Inc.), Exchange Agreement (NextWave Wireless Inc.)
Purchase Permitted by Applicable Laws; Legal Investment. Each Purchaser’s purchase The acquisition of and payment for the Notes to be purchased Note and the Warrants and the consummation of the transactions contemplated by it the Transaction Documents (ia) shall not be prohibited by any Applicable Law applicable law or governmental regulation; , (b) shall not subject the Purchaser to any penalty or, in its reasonable judgment, other onerous condition under or pursuant to any applicable law or governmental regulation and (iic) shall be permitted by the laws and regulations of the jurisdictions to which it is subject.
Appears in 2 contracts
Samples: Securities Purchase Agreement (PMR Corp), Securities Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)
Purchase Permitted by Applicable Laws; Legal Investment. Each Purchaser’s purchase of and payment for the Notes and Initial Warrants to be purchased by it (i) shall not be prohibited by any Applicable Law or governmental regulation; and (ii) shall be permitted by the laws and regulations of the jurisdictions to which it is subject.
Appears in 2 contracts
Samples: Intercreditor Agreement (Navation, Inc.), Intercreditor Agreement (Manchester Financial Group, LP)
Purchase Permitted by Applicable Laws; Legal Investment. Each Purchaser’s Purchasers purchase of and payment for the Notes and Initial Warrants to be purchased by it (i) shall not be prohibited by any Applicable Law or governmental regulation; and (ii) shall be permitted by the laws and regulations of the jurisdictions to which it is subject.
Appears in 2 contracts
Samples: Intercreditor Agreement (NextWave Wireless Inc.), Intercreditor Agreement (NextWave Wireless Inc.)
Purchase Permitted by Applicable Laws; Legal Investment. Each Purchaser’s Purchasers purchase of and payment for the Notes to be purchased by it (i) shall not be prohibited by any Applicable Law or governmental regulation; and (ii) shall be permitted by the laws and regulations of the jurisdictions to which it is subject.
Appears in 1 contract
