State Securities Act definition
Examples of State Securities Act in a sentence
I understand that you will rely upon the information contained herein since the Company's Common Shares ("Shares") will not be registered under the Act or any State Securities Act, in reliance upon the exemptions from registration provided by Sections 4(2) and/or 4(6) of the Act and Rule 504 of Regulation D and corresponding provisions of relevant State Securities Acts.
Seller understands that the Transaction Shares that it will acquire pursuant to this Agreement have not been registered under the United State Securities Act of 1933, as amended (the "Act").
Warrantholder understands and acknowledges that the shares of Common Stock or other securities to be issued upon exercise hereof have not been registered with the SEC under the Securities Act, but have been issued under an exemption or exemptions from the registration requirements of the Securities Act, and they have not been registered under any State Securities Act.
Each certificate of stock of the corporation shall have the following legends conspicuously typewritten or printed upon its face: "The stock represented by this certificate is subject to restriction on transferability under Article XII of the Bylaws of the Corporation." "The securities represented hereby have not ben registered under the Securities Act of 1933 or any State Securities Act.
Plaintiffs in the lawsuit allege that Defendants violated the Washington State Securities Act and ▇▇▇▇ ▇▇▇▇▇▇ breached his fiduciary duties when certain of the Defendants purchased shares of Smartsheet Inc.
Insight Venture Partners VII, L.P. et al., Case No. 19-2-33469-0, in King County Superior Court, asserting claims for relief for Violations of the Washington State Securities Act, Breach of Fiduciary Duty, Unjust Enrichment, and Constructive Trust (the “Complaint”).
For the avoidance of doubt, the Limited Partners Interests issued by the Fund have not been and will not be registered under the United State Securities Act of 1933, as amended, or under any other current securities act.
Each Shareholder and Petre further acknow▇▇▇▇▇s, understands and agrees that shares of PRP common stock to be issued hereunder have not been and will not be registered under any federal or state securities law, including, but not limited to, the Securities Act of 1933, as amended, or any State Securities Act, and that no federal or state governmental agency or authority has approved or passed upon the issuance of the shares of PRP common stock to be issued hereunder.
This provision shall not apply to the Company seeking financing from a bank as defined by Section 3(a)(6) of the Securities Exchange Act of 1934 or to any firmly-underwritten equity securities offering registered under the Securities Act of 1933 or any State Securities Act.
Furthermore, the Secretary of the Corporation, or the Transfer Agent, if any, may refuse to transfer any shares of stock, except upon the issuance of a favorable written opinion of legal counsel for the Corporation to the effect that the resale, pledge, hypothecation or other transfer of the stock of the Corporation shall not be in violation of any Federal or State Securities Act, or any rule or regulation promulgated thereunder.