Common use of SPECIAL COVENANTS AND REPRESENTATIONS REGARDING THE EXCHANGED STOCK Clause in Contracts

SPECIAL COVENANTS AND REPRESENTATIONS REGARDING THE EXCHANGED STOCK. The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Initial Issuance Stock to the shareholders of 360HOUSE as contemplated hereby, constitutes the offer and sale of securities under the Securities Act and applicable state statutes. Such transaction shall be consummated in reliance on exemptions from the registration and prospectus delivery requirements of such statutes which depend, inter alia, upon the circumstances under which the 360HOUSE Shareholders acquire such securities. In connection with reliance upon exemptions from the registration and prospectus delivery requirements for such transactions, at the Closing, 360HOUSE shall cause to be delivered, and the shareholders shall deliver to XVARIANT, letters of representation in the appropriate form.

Appears in 1 contract

Samples: Stock Exchange Agreement (Xvariant Inc)

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SPECIAL COVENANTS AND REPRESENTATIONS REGARDING THE EXCHANGED STOCK. The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Initial Issuance Exchanged Stock to the shareholders of 360HOUSE REF as contemplated hereby, constitutes the offer and sale of securities under the Securities Act and applicable state statutes. Such transaction shall be consummated in reliance on exemptions from the registration and prospectus delivery requirements of such statutes which depend, inter alia, upon the circumstances under which the 360HOUSE Shareholders REF shareholders acquire such securities. In connection with reliance upon exemptions from the registration and prospectus delivery requirements for such transactions, at the Closing, 360HOUSE REF shall cause to be delivered, and the shareholders shall deliver to XVARIANTACPI, letters of representation in the appropriate form.

Appears in 1 contract

Samples: Stock Purchase Agreement (Almost Country Productions Inc)

SPECIAL COVENANTS AND REPRESENTATIONS REGARDING THE EXCHANGED STOCK. The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Initial Issuance INCEPTION common Stock to the shareholders of 360HOUSE Shareholders as contemplated hereby, constitutes the offer and sale of securities under the Securities Act and applicable state statutes. Such transaction shall be consummated in reliance on exemptions from the registration and prospectus delivery requirements of such statutes which depend, inter alia, upon the circumstances under which the 360HOUSE Shareholders acquire such securities. In connection with reliance upon exemptions from the registration and prospectus delivery requirements for such transactions, at the Closing, 360HOUSE the Shareholders shall cause to be delivered, and the shareholders Shareholders shall deliver to XVARIANTINCEPTION, letters of representation in the appropriate form.. Page | 27

Appears in 1 contract

Samples: Stock Exchange Agreement (Inception Mining Inc.)

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SPECIAL COVENANTS AND REPRESENTATIONS REGARDING THE EXCHANGED STOCK. The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Initial Issuance Stock and the Subsequent Issuance Stock to the shareholders of 360HOUSE BROADCAST as contemplated hereby, constitutes the offer and sale of securities under the Securities Act and applicable state statutes. Such transaction shall be consummated in reliance on exemptions from the registration and prospectus delivery requirements of such statutes which depend, inter alia, upon the circumstances under which the 360HOUSE BROADCAST Shareholders acquire such securities. In connection with reliance upon exemptions from the registration and prospectus delivery requirements for such transactions, at the Closing, 360HOUSE BROADCAST shall cause to be delivered, and the shareholders shall deliver to XVARIANTLASER, letters of representation in the appropriate form.

Appears in 1 contract

Samples: Stock Exchange Agreement (Laser Corp)

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