{"component": "clause", "props": {"groups": [{"samples": [{"hash": "4RZzhKDCrCb", "uri": "/contracts/4RZzhKDCrCb#purchaser-qualifications", "label": "Note and Share Purchase Agreement (GTX Corp)", "score": 24.2840520192, "published": true}, {"hash": "hWurgW2eOkU", "uri": "/contracts/hWurgW2eOkU#purchaser-qualifications", "label": "Secured Promissory Note and Stock Purchase Agreement (SearchCore, Inc.)", "score": 23.9965776865, "published": true}, {"hash": "evEsJR3YERf", "uri": "/contracts/evEsJR3YERf#purchaser-qualifications", "label": "Promissory Note and Stock Purchase Agreement (SearchCore, Inc.)", "score": 21.887063655, "published": true}], "snippet": "(i) If the Purchaser is an individual, the Purchaser is over 21 years of age; and if the Purchaser is an unincorporated association, all of its members are of such age.\n(ii) If the Purchaser is a corporation, partnership, employee benefit plan or \u2587\u2587\u2587, the Purchaser was either:\n(a) not formed for the purpose of 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such License.", "snippet_links": [{"key": "to-acquire", "type": "definition", "offset": [32, 42]}, {"key": "applicable-law", "type": "clause", "offset": [82, 96]}, {"key": "not-limited", "type": "clause", "offset": [112, 123]}, {"key": "rules-and-regulations", "type": "definition", "offset": [154, 175]}, {"key": "government-entity", "type": "definition", "offset": [183, 200]}], "size": 3, "hash": "0fda2d81c373cc92988813b1657217e3", "id": 5}, {"samples": [{"hash": "55pde8Du0WM", "uri": "/contracts/55pde8Du0WM#purchaser-qualifications", "label": "Stock Purchase Agreement (Sinclair Broadcast Group Inc)", "score": 18.0, "published": true}], "snippet": "Except as otherwise disclosed on Schedule 6.7 to the MRI Agreement, Purchaser is legally and financially qualified to be the Licensee of, acquire, own and operate the Stations under the Communications Act and the rules, regulations and policies of the FCC. Purchaser knows of no fact that would, under existing law and the existing rules, regulations, policies and procedures of the FCC, (a) disqualify Purchaser as an assignee of the FCC Licenses or as the owner and operator of the Stations, or (b) cause the FCC to fail to approve in a timely fashion the application for the FCC Consent. Except as described on Schedule 6.7 to the MRI Agreement, no waiver of any FCC rule or policy is necessary to be obtained for the grant of the applications for the assignment of the FCC Licenses to Purchaser, nor will processing pursuant to any exception or rule or general applicability be requested or required in connection with the consummation of the transactions contemplated by this Agreement Purchaser will have on hand at the Closing, adequate financial resources to consummate the transactions contemplated by this Agreement, the MRI Agreement, the Management Agreement and the MTC Agreement.", "snippet_links": [{"key": "on-schedule", "type": "definition", "offset": [30, 41]}, {"key": "the-licensee", "type": "clause", "offset": [121, 133]}, {"key": "own-and-operate", "type": "definition", "offset": [147, 162]}, {"key": "the-stations", "type": "clause", "offset": [163, 175]}, {"key": "communications-act", "type": "clause", "offset": [186, 204]}, {"key": "the-rules", "type": "clause", "offset": [209, 218]}, {"key": "policies-of", "type": "definition", "offset": [236, 247]}, {"key": "existing-law", "type": "clause", "offset": [302, 314]}, {"key": "existing-rules", "type": "clause", "offset": [323, 337]}, {"key": "policies-and-procedures", "type": "clause", "offset": [352, 375]}, {"key": "fcc-licenses", "type": "definition", "offset": [435, 447]}, {"key": "owner-and-operator", "type": "clause", "offset": [458, 476]}, {"key": "to-approve", "type": "clause", "offset": [523, 533]}, {"key": "fcc-consent", "type": "definition", "offset": [578, 589]}, {"key": "no-waiver-of-any", "type": "clause", "offset": [649, 665]}, {"key": "grant-of", "type": "definition", "offset": [721, 729]}, {"key": "assignment-of-the", "type": "clause", "offset": [755, 772]}, {"key": "to-purchaser", "type": "definition", "offset": [786, 798]}, {"key": "pursuant-to", "type": "definition", "offset": [820, 831]}, {"key": "general-applicability", "type": "clause", "offset": [857, 878]}, {"key": "in-connection-with", "type": "clause", "offset": [904, 922]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [943, 990]}, {"key": "purchaser-will", "type": "clause", "offset": [991, 1005]}, {"key": "on-hand", "type": "definition", "offset": [1011, 1018]}, {"key": "at-the-closing", "type": "definition", "offset": [1019, 1033]}, {"key": "adequate-financial-resources", "type": "definition", "offset": [1035, 1063]}, {"key": "the-management-agreement", "type": "clause", "offset": [1146, 1170]}, {"key": "mtc-agreement", "type": "definition", "offset": [1179, 1192]}], "size": 3, "hash": "ecd5d7d886add0dd2d03136c75a2cffe", "id": 6}, {"samples": [{"hash": "32LU8bZowxQ", "uri": "/contracts/32LU8bZowxQ#purchaser-qualifications", "label": "Asset Purchase Agreement (RCN Corp /De/)", "score": 18.0, "published": true}], "snippet": "38 ARTICLE V COVENANTS................................................................................39", "snippet_links": [{"key": "article-v-covenants", "type": "clause", "offset": [3, 22]}], "size": 3, "hash": "115e9e042a5bda70cbef957eda036cb0", "id": 7}, {"samples": [{"hash": "kva2DtxrVBq", "uri": "/contracts/kva2DtxrVBq#purchaser-qualifications", "label": "Purchase and Sale Agreement (Ormat Technologies, Inc.)", "score": 19.0, "published": true}, {"hash": "ht1E5frJiJ4", "uri": "/contracts/ht1E5frJiJ4#purchaser-qualifications", "label": "Purchase and Sale Agreement (Ormat Technologies, Inc.)", "score": 19.0, "published": true}], "snippet": "Purchaser has no Knowledge of any reason(s) that the Closing conditions set forth in Articles 10 and 11 cannot be satisfied. To Purchaser's Knowledge, Purchaser is qualified to obtain and there are no conditions in existence which could reasonably be expected to delay, impede or condition the receipt by Purchaser of Purchaser's Required Regulatory Approvals or Purchaser's Required Consents. The provisions of this Section 6.8 are qualified to the extent that the receipt of any Purchaser's Required Regulatory Approval is subject to the discretion of the applicable Governmental Authority.", "snippet_links": [{"key": "knowledge-of", "type": "clause", "offset": [17, 29]}, {"key": "the-closing-conditions", "type": "clause", "offset": [49, 71]}, {"key": "to-purchaser", "type": "definition", "offset": [125, 137]}, {"key": "no-conditions", "type": "clause", "offset": [198, 211]}, {"key": "in-existence", "type": "definition", "offset": [212, 224]}, {"key": "could-reasonably-be-expected-to", "type": "definition", "offset": [231, 262]}, {"key": "receipt-by-purchaser", "type": "clause", "offset": [294, 314]}, {"key": "of-purchaser", "type": "clause", "offset": [315, 327]}, {"key": "required-regulatory-approvals", "type": "clause", "offset": [330, 359]}, {"key": "required-consents", "type": "clause", "offset": [375, 392]}, {"key": "section-68", "type": "clause", "offset": [417, 428]}, {"key": "to-the-extent", "type": "clause", "offset": [443, 456]}, {"key": "receipt-of", "type": "clause", "offset": [466, 476]}, {"key": "subject-to-the", "type": "definition", "offset": [525, 539]}, {"key": "applicable-governmental-authority", "type": "definition", "offset": [558, 591]}], "size": 2, "hash": "35b5313395ca339b1042556a39b93acb", "id": 8}, {"samples": [{"hash": "e6BCrMm4apo", "uri": "/contracts/e6BCrMm4apo#purchaser-qualifications", "label": "Purchase Agreement (Lightlake Therapeutics Inc.)", "score": 21.2026009582, "published": true}, {"hash": "B98aUoSOEu", "uri": "/contracts/B98aUoSOEu#purchaser-qualifications", "label": "Purchase Agreement (Lightlake Therapeutics Inc.)", "score": 21.0, "published": true}], "snippet": "The Seller (a) has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks inherent in the shares to be issued hereunder; (b) is able to bear the complete loss of its value, if any; and (c) has had the opportunity to ask questions of, and receive answers from, the Purchaser and its management concerning the terms and conditions of the transaction contemplated herein, and to obtain additional information. The Seller is not relying upon any statements or instruments made or issued by any other person other than the Purchaser and its officers in making its decision to enter into this agreement. The Seller is an \u201caccredited Purchaser\u201d as such term is defined in Rule 501 of the Securities Act.", "snippet_links": [{"key": "knowledge-and-experience", "type": "clause", "offset": [24, 48]}, {"key": "business-matters", "type": "clause", "offset": [66, 82]}, {"key": "capable-of", "type": "definition", "offset": [94, 104]}, {"key": "shares-to-be-issued", "type": "clause", "offset": [153, 172]}, {"key": "loss-of", "type": "definition", "offset": [217, 224]}, {"key": "opportunity-to-ask-questions", "type": "clause", "offset": [264, 292]}, {"key": "the-purchaser", "type": "definition", "offset": [323, 336]}, {"key": "contemplated-herein", "type": "clause", "offset": [411, 430]}, {"key": "additional-information", "type": "definition", "offset": [446, 468]}, {"key": "the-seller-is", "type": "clause", "offset": [470, 483]}, {"key": "issued-by", "type": "definition", "offset": [539, 548]}, {"key": "any-other-person", "type": "definition", "offset": [549, 565]}, {"key": "to-enter", "type": "definition", "offset": [631, 639]}, {"key": "this-agreement", "type": "clause", "offset": [645, 659]}, {"key": "accredited-purchaser", "type": "clause", "offset": [679, 699]}, {"key": "rule-501", "type": "definition", "offset": [728, 736]}, {"key": "the-securities-act", "type": "clause", "offset": [740, 758]}], "size": 2, "hash": "9eb3c0d030e711e3c917461fdf74fb28", "id": 9}, {"samples": [{"hash": "iE7aw1SyIFn", "uri": "/contracts/iE7aw1SyIFn#purchaser-qualifications", "label": "Stock Purchase Agreement", "score": 30.6502364211, "published": true}, {"hash": "aHoypZJNvFt", "uri": "/contracts/aHoypZJNvFt#purchaser-qualifications", "label": "Stock Purchase Agreement", "score": 24.7412731006, "published": true}], "snippet": "The Investor is a resident of the State of South Dakota (if an Individual Member) or is a business or organization headquartered in South Dakota (if an Institutional Member), and at the time of executing this Agreement, has purchased and is still the owner of an Individual or Institutional membership in the Cooperative.", "snippet_links": [{"key": "the-investor", "type": "definition", "offset": [0, 12]}, {"key": "state-of", "type": "definition", "offset": [34, 42]}, {"key": "south-dakota", "type": "definition", "offset": [43, 55]}, {"key": "individual-member", "type": "definition", "offset": [63, 80]}, {"key": "business-or-organization", "type": "definition", "offset": [90, 114]}, {"key": "institutional-member", "type": "definition", "offset": [152, 172]}, {"key": "at-the-time", "type": "clause", "offset": [179, 190]}, {"key": "executing-this-agreement", "type": "clause", "offset": [194, 218]}, {"key": "the-owner", "type": "definition", "offset": [247, 256]}], "size": 2, "hash": "66876781a2da135c8134792cd9ded2e0", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiFwdXJjaGFzZXItcXVhbGlmaWNhdGlvbnMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Purchaser Qualifications", "children": [["not-registered-under-securities-act", "Not Registered Under Securities Act"], ["denominations", "Denominations"], ["accredited-investor", "Accredited Investor"], ["information-and-risk", "Information and Risk"], ["third-party-notices-consents-and-required-approvals", "Third Party Notices, Consents and Required Approvals"]], "parents": [["representations-warranties-and-agreements-by-purchaser", "REPRESENTATIONS, WARRANTIES AND AGREEMENTS BY PURCHASER"], ["representations-and-warranties-of-purchaser", "REPRESENTATIONS AND WARRANTIES OF PURCHASER"], ["enrollment", "ENROLLMENT"], ["representations-and-warranties", "Representations and Warranties"], ["representations-and-warranties-of-weedmaps-and-the-members", "Representations and Warranties of Weedmaps and the Members"]], "size": 59, "id": "purchaser-qualifications", "related": [["insurer-qualifications", "Insurer Qualifications", "Insurer Qualifications"], ["staff-qualifications", "STAFF QUALIFICATIONS", "STAFF QUALIFICATIONS"], ["blue-sky-qualifications", "Blue Sky Qualifications", "Blue Sky Qualifications"], ["blue-sky-qualification", "Blue Sky Qualification", "Blue Sky Qualification"], ["required-qualifications", "Required Qualifications", "Required Qualifications"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00"}, "json": true, "cursor": ""}}