Bad Actor Representation. None of the Company, and to the Company’s knowledge any of Company Covered Person is subject to any of the “Bad Actor” disqualifications described in Rule 506(d)(1)(i) to (viii) under the Securities Act (a “Disqualification Event”), except for a Disqualification Event covered by Rule 506(d)(2) or (d)(3). The Company has exercised reasonable care to determine whether any Covered Person is subject to a Disqualification Event.
Appears in 2 contracts
Sources: Securities Purchase Agreement (CYREN Ltd.), Securities Purchase Agreement (WP XII Investments B.V.)