Common use of Reliance by the Company Clause in Contracts

Reliance by the Company. The Holder understands that the Warrants are being offered and sold in reliance on a transactional exemption from the registration requirements of federal and state securities laws and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of the Holder set forth herein in order to determine the applicability of such exemptions and the suitability of the Holder to acquire the Warrants.

Appears in 5 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De), Gulfslope Energy, Inc.

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Reliance by the Company. The Holder understands that the Warrants Issued Shares are being offered and sold in reliance on a transactional exemption from the registration requirements of federal and state securities laws Laws and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of the Holder set forth herein in order to determine the applicability of such exemptions and the suitability of the Holder to acquire the WarrantsIssued Shares.

Appears in 1 contract

Samples: Securities Exchange Agreement (LSB Industries Inc)

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