No Bad Actors definition
No Bad Actors as defined under Rule 506 of Regulation D of the Securities Act. Neither the Buyer, nor its officers, director, shareholders or affiliates are subject to the “Bad Actor Disqualification” provisions of Rule 506 of Regulation D.
Examples of No Bad Actors in a sentence
No Other Representations and Warranties 40 Section 4.1. Organization and Authority of Investor 40 Section 4.2. No Conflicts; Consents 41 Section 4.3. Investment Purpose; Sufficiency of Funds 41 Section 4.4. Brokers; No General Solicitation 41 Section 4.5. Legal Proceedings 41 Section 4.6. Disclosure of Information; Investment Experience 41 Section 4.7. No Bad Actors 42 Section 5.1. Conduct of Business Prior to the Closing 42 Section 5.2. Access to Information 44 Section 5.3. No Solicitation of Other Bids.