No Bad Actor. Neither Buyer nor any designee of Buyer to whom Notes are issued 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).
Appears in 2 contracts
Sources: Securities Purchase Agreement, Securities Purchase Agreement (Quest Patent Research Corp)