Common use of State Alcohol Beverage Laws Clause in Contracts

State Alcohol Beverage Laws. Certain state laws and regulations with respect to sale of alcoholic beverages may restrict a person from having a financial interest in a retailer that sells alcoholic beverages. The Investor represents that, to the best of the Investor’s knowledge, the Investor (and, as applicable, the Investor’s spouse) does not have hold any financial interest in any entity that makes or distributes any alcoholic beverage that is sold in the applicable state. The Investor also acknowledges that, to the extent required by law, NextSeed or the Issuer may furnish information about the Investor to the applicable regulators.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement

AutoNDA by SimpleDocs

State Alcohol Beverage Laws. Certain state laws and regulations with respect to sale of alcoholic beverages may restrict a person from having a financial interest in a retailer that sells alcoholic beverages. The Investor represents that, to the best of the Investor’s knowledge, the Investor (and, as applicable, the Investor’s spouse) does not have hold any financial interest in any entity that makes or distributes any alcoholic beverage that is sold in the applicable state. The Investor also acknowledges that, to the extent required by law, NextSeed or the Issuer Company may furnish information about the Investor to the applicable regulators.

Appears in 1 contract

Samples: Note Purchase Agreement

AutoNDA by SimpleDocs

State Alcohol Beverage Laws. Certain state laws and regulations with respect to sale of alcoholic beverages may restrict a person from having a financial interest in a retailer that sells alcoholic beverages. The Investor represents that, to the best of the Investor’s knowledge, the Investor (and, as applicable, the Investor’s spouse) does not have hold any financial interest in any entity that makes or distributes any alcoholic beverage that is sold in the applicable state. The Investor also acknowledges that, to the extent required by law, NextSeed, NextSeed Services or the Issuer may furnish information about the Investor to the applicable regulators.

Appears in 1 contract

Samples: Note Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.