Examples of Underlying Units in a sentence
Such delivery shall also constitute the Company’s consent to Mackie’s use of the Offering Documents in connection with the distribution of the Underlying Units in the Qualifying Provinces in compliance with the provisions of this Agreement and Canadian Securities Laws.
The Purchaser agrees and acknowledges that if the Debentures held by it are converted into Underlying Units, the Purchaser will enter into any and all documents reasonably requested by the Company.
The Purchaser understands that the Debentures and the Underlying Units may not be sold, transferred or otherwise disposed of without registration under the Securities Act or an exemption therefrom, and that in the absence of an effective registration statement covering the Debentures or the Underlying Units or an available exemption from registration under the Securities Act, the Debentures and the Underlying Units must be held in accordance with the requirements of Regulation Crowdfunding.
Purchaser also understands that the Debentures and the Underlying Units are being offered and sold pursuant to an exemption from registration contained in the Securities Act based in part upon Purchaser’s representations contained in this Purchase Agreement.
Based in part upon the representations of the Purchasers in this Purchase Agreement, the Debentures and the Underlying Units will be issued in compliance with all applicable federal and state securities laws.