Common use of In Florida Clause in Contracts

In Florida. Lender executed and will execute all documents contemplated hereby in Florida, and intends that the laws of Florida govern this offering of Offered Securities. Lender understands, agrees and acknowledges that the Offered Securities have not been registered under the Florida Securities Act and that such securities are being offered in reliance upon exemption provisions contained therein which the Corporation believes are available. Any sale made pursuant to such exemption provisions is voidable by Lender within three business days after the first tender of consideration is made by Lender to the issuer, an agent of the issuer or an escrow agent. A withdrawal within such three day period will be without any further liability to any person. To accomplish this withdrawal, a Lender need only send a letter or telegram to the Corporation at the address set forth in this Agreement, indicating his or her intention to withdraw. Such letter or telegram should be sent and postmarked prior to the end of the aforementioned third business day. It is advisable to send such letter by certified mail, return receipt requested, to ensure that it is received and also to evidence the date it was mailed. If the request is made orally, in person or by telephone, to a representative of the Corporation, a written confirmation that the request has been received will be requested.