Statutory Underwriter Status Sample Clauses
The Statutory Underwriter Status clause defines when a party is considered a statutory underwriter under securities laws. This typically applies to parties who participate in the distribution of securities, such as brokers, dealers, or certain investors, and may include those who resell securities acquired in a private placement. By clarifying who is deemed a statutory underwriter, the clause ensures compliance with securities regulations and allocates responsibility for registration and disclosure obligations, thereby reducing legal uncertainty and risk for the parties involved.
Statutory Underwriter Status. The Investor acknowledges that it will be disclosed as an “underwriter” and a “selling stockholder” in each Registration Statement and in any Prospectus contained therein to the extent required by applicable law and to the extent the Prospectus is related to the resale of Registrable Securities.
Statutory Underwriter Status. The Investor acknowledges that, pursuant to the Commission’s current interpretations of the Securities Act, the Investor will be disclosed as an “underwriter” within the meaning of the Securities Act in the Registration Statement (and amendments thereto) and in any Prospectus contained therein to the extent required by applicable law. The Company acknowledges that the Investor does not necessarily agree with such characterization.
Statutory Underwriter Status. The Investor acknowledges that it will be disclosed as an “underwriter” and a “selling stockholder” in each Registration Statement and in any Prospectus contained therein to the extent required by applicable law and to the extent the Prospectus is related to the resale of the Securities.
Statutory Underwriter Status. The Investor acknowledges that it will be disclosed as an “underwriter” in the Initial Prospectus Supplement and any additional Prospectus Supplements filed pursuant to Section 1.4. to the extent required by applicable law and to the extent such Prospectus Supplement is related to the offer and sale of Securities issued and issuable pursuant to this Agreement.
Statutory Underwriter Status. The Investor acknowledges that it will be identified as an “underwriter” in each Registration Statement and in any prospectus contained therein.
Statutory Underwriter Status. The Purchaser acknowledges and agrees that, pursuant to the Commission's current interpretations of the Securities Act, the Purchaser must be disclosed as an "underwriter within the meaning of the Securities Act" in the Registration Statement (or amendment thereto) and in any Prospectus contained therein as required by applicable law.