Common use of Reliance on Exemptions; Acquisition for Own Account Clause in Contracts

Reliance on Exemptions; Acquisition for Own Account. (a) The Purchaser understands that the Secondary Shares are being offered and sold to the Purchaser in reliance upon specific exemptions from the registration requirements of United States federal and state securities laws and that the Seller is relying 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 Secondary Shares.

Reliance on Exemptions; Acquisition for Own Account. (a) The Purchaser understands that the Secondary Company Shares are being offered and sold to the Purchaser in reliance upon specific exemptions from the registration requirements of United States federal Federal and state securities laws and that the Seller Company is relying 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 Secondary Company Shares.

Reliance on Exemptions; Acquisition for Own Account. (a) The Purchaser understands that the Secondary Shares are being offered and sold to the Purchaser in reliance upon specific exemptions from the registration requirements of United States federal and state securities laws and that the Seller is relying upon the truth and accuracy of, and the Purchaser's ’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 Secondary Shares.