Reliance on Exemption Sample Clauses

Reliance on Exemption. Each Purchaser severally represents that it understands that the Notes are being offered and issued to it in reliance upon specific exemptions from the registration requirements of United States federal and state securities Laws and that the Company is relying upon the truth and accuracy of, and each Purchaser’s compliance with, the representations, warranties, agreements, covenants, acknowledgments and understandings of the Purchasers set forth herein in order to determine the availability of such exemptions and the eligibility of the Purchasers to acquire the Notes.
AutoNDA by SimpleDocs
Reliance on Exemption. The Purchaser understands that the Shares are being offered and sold in reliance on a specific exemption from the registration requirement of federal and state securities laws and the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of the Purchaser set forth herein in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Shares.
Reliance on Exemption. The Buyer Shares are being offered and issued to it in reliance on specific exemptions from the registration requirements of federal and state securities Laws. Buyer is relying in part upon the truth and accuracy of, and Seller’s compliance with, the statements of fact, representations, warranties, agreements, acknowledgements and understandings of Seller set forth in this Article III in order to determine the availability of such exemptions and the eligibility of Seller to acquire the Buyer Shares.
Reliance on Exemption. Such Purchaser understands that the Securities are being offered and sold to it in reliance on specific exemptions from the registration requirements of U.S. federal and state securities laws and that the Company is relying in part upon the truth and accuracy of, and the Purchaser’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of the Purchaser set forth herein in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Securities.
Reliance on Exemption. The Parent Shares are being offered and issued to it in reliance on specific exemptions from the registration requirements of federal and state securities Laws. Acquirer and Parent are relying in part upon the truth and accuracy of, and Acquired Corporation’s compliance with, the statements of fact, representations, warranties, agreements, acknowledgements and understandings of Acquired Corporation set forth in this Section II in order to determine the availability of such exemptions and the eligibility of Acquired Corporation to acquire the Parent Shares.
Reliance on Exemption. The PLSH Shares are being offered and issued to it in reliance on specific exemptions from the registration requirements of federal and state securities Laws. PLSH is relying in part upon the truth and accuracy of, and Hxxxxx’s compliance with, the statements of fact, representations, warranties, agreements, acknowledgements and understandings of Holders set forth in this Section 3.11in order to determine the availability of such exemptions and the eligibility of Holders to acquire the PLSH Shares.
Reliance on Exemption. The Partnership is not registered as an investment company under the ʹ40 Act. In this regard, the Partnership relies on an exemption from such registration requirements pursuant to Section 3(c)(5)(C) under the ’40 Act.
AutoNDA by SimpleDocs
Reliance on Exemption. Buyers understand that the Securities have not been registered under the Securities Act and are being offered and sold by the Company in reliance on an exemption from the registration requirements of the Securities Act and equivalent state securities and “blue sky” laws, and that the Company is relying upon the accuracy of, and Buyers’ compliance with, Buyers’ representations, warranties and covenants set forth in this Agreement to determine the availability of such exemption and the eligibility of Buyers to purchase the Securities.
Reliance on Exemption. Investor understands that the Purchased Shares are being offered and sold to it in reliance on specific exemptions from the registration requirements of United States federal and state securities laws and regulations and that the Company is relying in part upon the truth and accuracy of, and Investor’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of Investor set forth herein in order to determine the availability of such exemptions and the eligibility of Investor to acquire the Purchased Shares.
Reliance on Exemption. Target Shareholder has the financial ability to bear the economic risk of an investment in the Parent, has adequate means of providing for the Target Shareholder’s current needs and contingencies, has no need for liquidity in such investment, and could afford a complete loss of such investment. With respect to the investment made under this Agreement, Target Shareholder is an "Accredited Investor" as such term is defined in Regulation D promulgated under the Securities Act. The Target Shareholder founded Target, is involved in the management of Target and is fully aware of its business.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!