Common use of Purchase Permitted by Applicable Laws Clause in Contracts

Purchase Permitted by Applicable Laws. The purchase of and payment for the Shares and the Warrants shall not be prohibited by any applicable law or governmental regulation (including, without limitation, Regulations G, T and X of the Board of Governors of the Federal Reserve System) and such purchase and payment shall not in and of themselves subject the Purchaser to any material tax, penalty, liability or other materially onerous condition under or pursuant to any applicable law or governmental regulation.

Appears in 2 contracts

Samples: Stock and Warrant Purchase Agreement (Equalnet Holding Corp), Stock and Warrant Purchase Agreement (Crane James R)

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Purchase Permitted by Applicable Laws. The purchase of and payment for the Shares and the Warrants shall not be prohibited by any applicable law or governmental regulation (including, without limitation, Regulations G, T and X of the Board of Governors of the Federal Reserve System) and such purchase and payment shall not in and of themselves subject the Purchaser to any material tax, penalty, liability or other materially onerous condition under or pursuant to any applicable law or governmental regulation.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Equalnet Holding Corp), Stock Purchase Agreement (Willis Michael T)

Purchase Permitted by Applicable Laws. The purchase of and ------------------------------------- payment for the Shares and the Warrants Securities shall not be prohibited by any applicable law or governmental regulation (including, without limitation, Regulations Regulation G, T and X of the Board of Governors of the Federal Reserve System) and such purchase and payment shall not in and of themselves subject the Purchaser Investors to any material tax, penalty, liability or other materially onerous condition under or pursuant to any applicable law or governmental regulation, and the Investors shall have received such certificates or other evidence as they may request to establish compliance with this condition.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Us Legal Support Inc), Securities Purchase Agreement (Us Legal Support Inc)

Purchase Permitted by Applicable Laws. The purchase of and payment for the Shares and the Warrants Securities shall not be prohibited by any applicable law or governmental regulation (including, without limitation, Regulations G, T and X of the Board of Governors of the Federal Reserve System) and such purchase and payment shall not in and of themselves subject the Purchaser Investors to any material tax, penalty, liability or other materially onerous condition under or pursuant to any applicable law or governmental regulation, and the Investors shall have received such certificates or other evidence as they may request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Massic Tool Mold & Die Inc)

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Purchase Permitted by Applicable Laws. The purchase of and payment for ------------------------------------- the Shares and the Warrants Securities shall not be prohibited by any applicable law or governmental regulation (including, without limitation, Regulations G, T and X of the Board of Governors of the Federal Reserve System) and such purchase and payment shall not in and of themselves subject the Purchaser Investors to any material tax, penalty, liability or other materially onerous condition under or pursuant to any applicable law or governmental regulation, and the Investors shall have received such certificates or other evidence as they may request to establish compliance with this condition.

Appears in 1 contract

Samples: Purchase Agreement (Jfax Com Inc)

Purchase Permitted by Applicable Laws. The purchase of and payment for the Shares and the Warrants New Securities shall not be prohibited by any applicable law or governmental regulation (including, without limitation, Regulations G, T and X of the Board of Governors of the Federal Reserve System) and such purchase and payment shall not in and of themselves subject the Purchaser Investors to any material tax, penalty, liability or other materially onerous condition under or pursuant to any applicable law or governmental regulation, and the Investors shall have received such certificates or other evidence as they may request to establish compliance with this condition.

Appears in 1 contract

Samples: Securities Purchase Agreement (Castle Dental Centers Inc)

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