Common use of Reliance for Exemptions Clause in Contracts

Reliance for Exemptions. Cxxxxxx understands that the Shares are being transferred to him pursuant to exemptions from the registration requirements of federal and applicable state securities laws and acknowledges that he is relying upon the investment and other representations made herein as the basis for such exemptions.

Reliance for Exemptions. Cxxxxxx Ixxxx understands that the Shares are being transferred to him pursuant to exemptions from the registration requirements of federal and applicable state securities laws and acknowledges that he is relying upon the investment and other representations made herein as the basis for such exemptions.