Common use of Reliance on Representations Clause in Contracts

Reliance on Representations. The Purchaser understands that the Series A Preferred Stock and the Warrants are being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's representations and warranties, and the Purchaser's compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A Preferred Stock and the Warrants.

Appears in 3 contracts

Samples: Securities Purchase Agreement (TDT Development Inc), Securities Purchase Agreement (Silver Key Mining Co Inc), Securities Purchase Agreement (Silver Key Mining Co Inc)

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Reliance on Representations. The Purchaser understands that the Series A B Preferred Stock and the Warrants are being offered and sold to it and its assignees in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A B Preferred Stock and the Warrants.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Elandia International Inc.), Preferred Stock Purchase Agreement (Elandia International Inc.)

Reliance on Representations. The Purchaser understands that the Series A B Preferred Stock and the Warrants are being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A B Preferred Stock and the Warrants.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Datrek Miller International, Inc.), Preferred Stock Purchase Agreement (Datrek Miller International, Inc.)

Reliance on Representations. The Purchaser understands that the Series A Preferred Stock and the Warrants are is being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A Preferred Stock and the WarrantsStock.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Elandia, Inc.)

Reliance on Representations. The Purchaser understands that the Series A E Preferred Stock and the Warrants are being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A E Preferred Stock and the Warrants.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)

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Reliance on Representations. The Purchaser understands that the Series A D Preferred Stock and the Warrants are being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A D Preferred Stock and the Warrants.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)

Reliance on Representations. The Purchaser understands that the Series A Preferred Stock and the Warrants are being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A Preferred Stock and the Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stronghold Technologies Inc)

Reliance on Representations. The Purchaser understands that the Series A C Preferred Stock and the Warrants are being offered and sold to it in reliance upon exemptions from the registration requirements of the United States federal securities laws, and that the Company is relying upon the truthfulness and accuracy of the Purchaser's ’s representations and warranties, and the Purchaser's ’s compliance with its covenants and agreements, each as set forth herein, in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Series A C Preferred Stock and the Warrants.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Health Systems Solutions Inc)

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