Common use of COMPLIANCE WITH PURCHASER'S REGULATORY REQUIREMENTS Clause in Contracts

COMPLIANCE WITH PURCHASER'S REGULATORY REQUIREMENTS. The Company and the Purchaser each hereby acknowledge its intent that the Investment Instruments each comply with all of the statutory and regulatory requirements applicable to the Purchaser (or any subsequent holder) relating to its ownership, exercise and/or other realization of rights in connection herewith. If at any time the terms and conditions of any such ownership, exercise or other ability to realize upon rights violates or is in conflict with any such regulatory requirements applicable to the Purchaser (or such subsequent holder), then the Company and the Purchaser (or such subsequent holder) will cooperate and negotiate in good faith to amend the underlying documents (or the relevant rights therein) in order to enable the Purchaser (or such subsequent holder) to be in compliance in all material respects with such statutory and regulatory requirements.

COMPLIANCE WITH PURCHASER'S REGULATORY REQUIREMENTS. The Company and the Purchaser each hereby acknowledge its intent that the Investment Instruments each comply with all of the statutory and regulatory requirements applicable to the Purchaser (or any subsequent holder) relating to its ownership, exercise and/or other realization of rights in connection herewith. If at any time the terms and conditions of any such ownership, exercise or other ability to realize upon rights violates or is in conflict with any such regulatory requirements applicable to the Purchaser (or such subsequent holder), then THEN the Company and the Purchaser (or such subsequent holder) will cooperate and negotiate in good faith to amend the underlying documents (or the relevant rights therein) in order to enable the Purchaser (or such subsequent holder) to be in compliance in all material respects with such statutory and regulatory requirements.