Common use of Underwriter Status Clause in Contracts

Underwriter Status. The Investor is deemed an “underwriter” (as that term is defined in Section 2(a)(11) of the Securities Act) in connection with the registration of the Registrable Securities and will be identified as such in the Registration Statement. As an underwriter, the Investor will not have Rule 144 of the Securities Act available as a resale exemption from registration under the U.S. securities laws.

Appears in 6 contracts

Samples: Investment Agreement (Sharing Economy International Inc.), Investment Agreement (New Momentum Corp.), Investment Agreement (ParcelPal Technology Inc.)

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Underwriter Status. The Investor is deemed an "underwriter” (as that term is defined in Section 2(a)(11) of the Securities Act) in connection with the registration of the Registrable Securities and will be identified as such in the Registration Statement. As an underwriter, the Investor will not have Rule 144 of the Securities Act available as a resale exemption from registration under the U.S. securities laws.

Appears in 1 contract

Samples: Investment Agreement (Luduson G Inc.)

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