Common use of Reliance Upon Purchaser’s Representations Clause in Contracts

Reliance Upon Purchaser’s Representations. The Purchaser understands that the issuance and sale of the Notes to it and the issuance of Common Stock to the Purchaser in the event of conversion of the Notes will not be registered under the Securities Act on the ground that such issuance and sale will be exempt from registration under the Securities Act pursuant to Regulation D promulgated under the Securities Act and/or Section 4(a)(2) of the Securities Act, and that the Company’s reliance on such exemptions is based on the Purchaser’s representations set forth herein.

Reliance Upon Purchaser’s Representations. The Purchaser understands that the issuance and sale of the Notes to it and the issuance of Common Stock common stock to the Purchaser in the event of conversion of the Notes will not be registered under the Securities Act on the ground that such issuance and sale will be exempt from registration under the Securities Act pursuant to Regulation D promulgated under the Securities Act and/or Section 4(a)(2) of the Securities Act, and that the Company’s reliance on such exemptions is based on the Purchaser’s representations set forth herein.

Reliance Upon Purchaser’s Representations. The Purchaser understands that the issuance and sale of the Notes Note to it and the issuance of Common Stock to the Purchaser in the event of conversion of the Notes Note will not be registered under the Securities Act on the ground that such issuance and sale will be exempt from registration under the Securities Act pursuant to Regulation D promulgated under the Securities Act and/or Section 4(a)(24(2) of the Securities Act, and that the Company’s reliance on such exemptions is based on the Purchaser’s representations set forth herein.

Reliance Upon Purchaser’s Representations. The Purchaser understands that the issuance and sale of the Notes to it and the issuance of Common Stock to the Purchaser in the event of conversion of the Notes will Note hereunder has not be been registered under the Securities Act Act, based on the ground that such issuance and sale will be exempt exemption from registration under the Securities Act pursuant to Regulation D promulgated under the Securities Act and/or provided by Section 4(a)(24(2) of the Securities ActAct and Regulation D thereunder, and that the Company’s 's reliance on such exemptions is based exemption with respect to the issuance of the Note depends in part on the Purchaser’s 's representations set forth hereinand warranties hereunder.

Reliance Upon Purchaser’s Representations. The Such Purchaser understands that the issuance and sale of the Notes Note to it and the issuance of Common Stock to the Purchaser in the event of conversion of the Notes Note will not be registered under the Securities Act on the ground that such issuance and sale will be exempt from registration under the Securities Act pursuant to Regulation D promulgated under the Securities Act and/or Section 4(a)(24(2) of the Securities Act, and that the Company’s reliance on such exemptions is based on the such Purchaser’s representations set forth herein.