Issuance Permitted by Applicable Laws. The issuance of the Shares and Warrants by the Company to be issued on the Closing Date and the consummation of the transactions contemplated hereby (i) shall not be prohibited by any applicable law or governmental regulation and (ii) shall be permitted by the laws and regulations of the jurisdictions in which the transactions are subject.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Arinco Computer Systems Inc), Securities Purchase Agreement (Culmen Technology Partners Lp)