Securities Law Provisions. The Membership Units have not been registered under the Federal or state securities laws of any state and, therefore, may not be resold unless appropriate Federal and state securities laws, as well as the provisions of Article XI hereof, have been complied with.
Securities Law Provisions. The Partnership Units have not ------------------------- been registered under the Federal or state securities laws of any state and, therefore, may not be resold unless appropriate Federal and state securities laws, as well as the provisions of Article XI hereof, have been complied with.
Securities Law Provisions. The Company Interests have not been registered under the federal or state securities laws of any state and, therefore, may not be resold unless appropriate federal and state securities laws, as well as the provisions of Article 11, have been complied with.
Securities Law Provisions. 43 Section 15.9 Remedies Not Exclusive..................................... 43 Section 15.10 Time....................................................... 43 Section 15.11 Creditors.................................................. 43
Securities Law Provisions. At closing Creditor shall deliver to PayStar a subscription agreement, as provided by PayStar, containing appropriate representations concerning the restricted nature of the securities to be issued to it, the non-distributive intent of the recipient of the securities, and other provisions to reasonably satisfy the non-public, unregistered nature of the transaction.
Securities Law Provisions. The Company shall cause the Parent to take all reasonable steps as it deems appropriate to permit issuance of the shares of common stock as specified in this Section pursuant to a valid exemption from registration or qualification under applicable federal and state securities laws; PROVIDED, that in no event shall the Parent be required to consent to the general service of process or to qualify as a foreign corporation in any jurisdiction where the Employee resides if such jurisdiction is different than the Employee's present residence. In order to comply with exemptions from the registration requirements of the Securities Act of 1933, and certain state securities statutes, the Parent may require the Employee to make certain representations and execute and deliver to the Parent certain documents as a condition to issuance of the shares of common stock hereunder, all in form and substance satisfactory to the Parent as determined in its sole discretion. In the event the Parent reasonably determines that the shares of common stock cannot be issued in compliance with applicable federal and state securities laws in the absence of registration or qualification under such statutes, neither the Parent nor the Company shall be under any obligation to issue the shares of common stock pursuant hereto. Neither the Company nor the Parent is under any obligation to provide registration rights in connection with any of the shares of common stock issued pursuant to this Agreement.
Securities Law Provisions. At closing MIDNET shall deliver to TUGBOAT a representation form from the shareholders of MIDNET (the "Shareholders") and option holders ("Option Holders") providing representations essentially as follows:
Securities Law Provisions. Prior to or at Closing each of the Shareholders shall complete, execute, and deliver a representation document, in the form attached hereto as Exhibit 8, evidencing the non-public nature of this exchange transaction and compliance with state and federal securities laws.
Securities Law Provisions. The Xxxxx Trust represents, warrants and agrees as follows:
Securities Law Provisions. At Closing IVT shall deliver a letter of non-distributive intent executed by each of the shareholder of IVT in form acceptable to counsel for VTPI.
