Common use of Regulation S Exemption Clause in Contracts

Regulation S Exemption. The Company understands that the Purchaser is purchasing the Shares in reliance on the exemption from the registration requirements of Section 5 of the Securities Act for offshore transactions as defined in SEC Rule 902(h), and that the Purchaser is relying in part upon the truth and accuracy of, and the Company's compliance with, the representations, warranties, agreements, acknowledgments, and understandings of the Company set forth herein in order to determine the availability of such exemptions and the eligibility of the Company to issue and sell the Shares to the Purchaser without having complied with those registration requirements. With respect to that exemption, the Company further represents and warrants to the Purchaser that:

Appears in 7 contracts

Samples: Common Stock Purchase Agreement (Power Kiosks Inc), Class B Convertible Preferred Stock Purchase Agreement (Softquad Software LTD), Common Stock Purchase Agreement (Power Kiosks Inc)

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