Common use of Reliance Upon SkyTerra’s Representations Clause in Contracts

Reliance Upon SkyTerra’s Representations. SkyTerra understands that MSV Interests will not be registered under the Securities Act and the sale provided for in this Agreement and Blocker Corporation’s transfer of securities hereunder will be made in reliance upon an exemption from registration under the Securities Act, and that, in such case, Blocker Corporation’s reliance on such exemption will be based on SkyTerra’s representations set forth herein.

Reliance Upon SkyTerra’s Representations. SkyTerra understands that MSV Interests and the Retained MSV Interests will not be registered under the Securities Act and the sale provided for in this Agreement and Blocker CorporationMotient and Sub’s transfer of securities hereunder will be made in reliance upon an exemption from registration under the Securities Act, and that, in such case, Blocker CorporationMotient and Sub’s reliance on such exemption will be based on SkyTerra’s representations set forth herein.