Common use of Representations and Warranties of the Underwriter Clause in Contracts

Representations and Warranties of the Underwriter. The Underwriter represents and warrants to the Company that it is a member of the NASD and registered as a broker/dealer with the SEC. There are no past, pending or, to the best of the Underwriter's knowledge, threatened proceedings involving the NASD, the Commission or any state regulatory authority which would impair the ability of the Underwriter to conduct the Offering contemplated hereunder.

Representations and Warranties of the Underwriter. The Underwriter represents and warrants to the Company that it is a member of the NASD National Association of Securities Dealers, Inc. ("NASD") and registered as a broker/dealer with the SECCommission. There are no past, pending or, to the best of the Underwriter's knowledge, threatened proceedings involving the NASD, the Commission or any state regulatory authority which would impair the ability of the Underwriter to conduct the Offering contemplated hereunder.

Representations and Warranties of the Underwriter. The Underwriter represents and warrants to the Company that it is a member of the NASD and registered as a broker/dealer with the SEC. There are no past, pending or, to the best of the Underwriter's ’s knowledge, threatened proceedings involving the NASD, the Commission or any state regulatory authority which would impair the ability of the Underwriter to conduct the Offering contemplated hereunder.