Reliance Upon Shareholder's Representations. The Shareholders understand that the FNIS Common Stock is not registered under the Securities Act on the ground that the issuance of the FNIS Common Stock provided for in this Agreement is exempt from registration under the Securities Act pursuant to Regulation D promulgated under Section 4(2) thereof, and that Parent's reliance on such exemption is predicated on the Shareholders' representations set forth in this Section 4.27.
Reliance Upon Shareholder's Representations. The Shareholders understand that the Fair, Xxxxx Shares are not registered under the Securities Act on the ground that the transfer provided for in this Agreement and the issuance of securities hereunder is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act") pursuant to section 4(2) thereof, and that DynaMark's and Fair, Isaac's reliance on such exemption is based on the Shareholders' representations set forth herein. The Shareholders realize that the basis for the exemption may not be present if, notwithstanding such representations, the Shareholders have in mind merely acquiring the Fair, Xxxxx Shares for a fixed or determinable period in the future, or for a market rise, or for sale if the market does not rise. Except for the contemplated transfer to the charitable remainder trusts described above, the Shareholders have no such intention.
Reliance Upon Shareholder's Representations. Such Shareholder understands that the issuance and sale thereto of Issued Shares will not be registered under the Securities Act on the ground that such issuance and sale will be exempt from registration under the Securities Act pursuant to Section 4(2) thereof or Regulation S promulgated under the Securities Act, as the case may be, and that Buyer's reliance on such exemption is based on each Shareholder's representations set forth herein.
Reliance Upon Shareholder's Representations. Shareholder understands that none of the shares of FNEDC Common Stock hereby acquired are registered under the Securities Act on the ground that the sale provided for in this Agreement and the issuance of the FNEDC Common Stock hereunder is exempt from registration under the Securities Act pursuant to Section 4(2) thereof, and that FNEDC's reliance on such exemption is predicated upon Shareholder's representations set forth herein.
