Common use of Certain Laws Clause in Contracts

Certain Laws. To the Knowledge of such Purchaser, neither the Purchaser nor (if the Purchaser is an individual) any Person who is a member of the Purchaser's household or immediate family, nor any Person who otherwise may have an indirect interest in securities or other property owned by the Purchaser has been designated as, and that neither you or any of the foregoing is under the control of, a "suspected terrorist" as defined in Executive Order 13224. The Purchaser acknowledges that the Company seeks to comply with all applicable laws covering money laundering and related activities. In furtherance of those efforts, the Purchaser hereby represents, warrants and agrees that: to the Knowledge of such Purchaser (i) none of the cash or property that Purchaser will pay or will contribute to the Company has been or shall be derived from, or related to, any activity that is deemed criminal under United States law; and (ii) no contribution or payment by the Purchaser to the Company, to the extent that they are within Purchaser's control, shall cause the Company to be in violation of the Untied States Bank Secrecy Act, the United States Money Laundering Control Act of 1986 or the Untied States International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001. Each Purchaser's representations and warranties made in Sections 3.2(b), (c), (d) and (f) are made solely for the purpose of permitting the Company to make a determination that the offer and sale of the Securities pursuant to this Agreement comply with applicable U.S. federal and state securities laws and not for any other purpose. Accordingly, the Company may not rely on such representations and warranties for any other purpose. No Purchaser has made or hereby makes any other representations or warranties, express or implied, to the Company in connection with the transactions contemplated hereby.