Common use of Blue Sky Qualification Clause in Contracts

Blue Sky Qualification. The undersigned's right to purchase ---------------------- Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 2 contracts

Samples: Subscription Agreement (Aastrom Biosciences Inc), Aastrom Biosciences Inc

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Blue Sky Qualification. The undersigned's My right to purchase ---------------------- Shares under this Subscription Agreement is are expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal Federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 2 contracts

Samples: Utg Communications International Inc, Utg Communications International Inc

Blue Sky Qualification. The undersigned's right to purchase ---------------------- of the Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities laws. The Company shall not file such notices and related documents as necessary to permit the Shares to be required to qualify this transaction sold without registration under the applicable securities or “Blue Sky” laws of any jurisdiction and, should qualification be necessary, the Company shall be released states of the United States (or to obtain an exemption from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdictionsuch qualification).

Appears in 2 contracts

Samples: Subscription Agreement (Calpian, Inc.), Subscription Agreement (MoneyOnMobile, Inc.)

Blue Sky Qualification. The undersigned's right to purchase ---------------------- of Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal Federal and state securities laws. The Company shall will not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall will be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 2 contracts

Samples: Subscription Agreement (Allion Healthcare Inc), Subscription Agreement (American Caresource Holdings, Inc.)

Blue Sky Qualification. The undersigned's My right to purchase ---------------------- Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities or blue sky laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the said jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement (Protarga Inc)

Blue Sky Qualification. The undersigned's right to purchase ---------------------- Shares of the securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares such securities from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement and Registration Rights Agreement (DarioHealth Corp.)

Blue Sky Qualification. The undersigned's right to purchase ---------------------- of Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal Federal, state and state provincial securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement

Blue Sky Qualification. The undersigned's Subscriber’s right to purchase ---------------------- Shares the Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares Securities from applicable federal Federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, offer and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement and Operating Agreement

Blue Sky Qualification. The undersigned's right to purchase ---------------------- of Shares and Warrant under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares and Warrants from applicable federal Federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the such jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement (Innovive Pharmaceuticals, Inc.)

Blue Sky Qualification. The undersignedSubscriber's right to purchase ---------------------- Shares under this Subscription Agreement is are expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal Federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement (Comtelco International Inc)

Blue Sky Qualification. The undersigned's right to purchase ---------------------- of the Preferred Shares under this Subscription Agreement and the issuance of the Conversion Shares is expressly conditioned upon the exemption from qualification of the offer and sale of the Preferred Shares from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement (Super League Gaming, Inc.)

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Blue Sky Qualification. The undersigned's right to purchase ---------------------- Shares of Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from Securities under applicable federal Federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the such jurisdiction.

Appears in 1 contract

Samples: Subscription Agreement (Xplore Technologies Corp)

Blue Sky Qualification. The undersigned's right to purchase ---------------------- Shares of Securities under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares Securities from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction. The Company shall make, at its cost, all necessary filings with the SEC, including the filing of Form D, and in each state in which securities are sold in this Offering.

Appears in 1 contract

Samples: Subscription Agreement (Lightyear Network Solutions, Inc.)

Blue Sky Qualification. The undersignedUndersigned's right to purchase ---------------------- Shares under this Subscription Conversion Agreement is are expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal Federal and state State securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: E Digital Corp

Blue Sky Qualification. The undersigned's Purchaser’s right to purchase ---------------------- the Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Common Stock Subscription Agreement (Gaia Remedies, Inc.)

Blue Sky Qualification. The undersigned's right of the Purchaser to purchase ---------------------- the Shares under this Stock Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities laws. The Offerors and the Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company Offerors shall be released from any and all obligations to maintain its their offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Stock Subscription Agreement (Galacticomm Technologies Inc)

Blue Sky Qualification. The undersigned's right to ---------------------- purchase ---------------------- Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Aastrom Biosciences Inc

Blue Sky Qualification. The undersigned's right to purchase ---------------------- the Shares under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Shares from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

Appears in 1 contract

Samples: Collegeclub Com Inc

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