Qualifications of Lender. Lender is an “Accredited Lender” as such term is defined in Rule 501(a) under the Securities Act (without reliance on Rule 501(a)(4) thereof). The Lender will provide reasonable information requested by the Parent in connection with any filing required to be made with applicable securities regulators in connection with any issuance of Common Stock issuable upon conversion of the Note. Lender is not a “Bad Actor” within the meaning of Rule 506 of the Securities Act.
Appears in 4 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement (Odyssey Marine Exploration Inc), Note Purchase Agreement (Odyssey Marine Exploration Inc)
