Common use of Purchase Limitation Clause in Contracts

Purchase Limitation. Crowdnext Tokens (CNX) are intended to be marketed and sold to participants only in those jurisdictions in and to those persons where and to whom they lawfully may be offered for sale. By signing this Agreement and/or by buying Crowdnext Tokens (CNX) hereunder, the Buyer represents and warrants that the Buyer does not violate the laws of his/her country and the in territory on which the he/she is located. The Seller may refuse from transactions with any person identified as citizen or permanent resident of prohibited jurisdictions., unrecognized and/or partly recognized territories and/or states. Certain jurisdictions restrict or have specific regulation concerning the offer, sale and/or purchase of Cryptocurrencies and/or tokens through Token Sale, and these include the People’s Republic of China (excluding the special administrative regions of Hong Kong and Macau, and Taiwan), South Korea, Japan, and the State of New York. Crowdnext Tokens (CNX)Tokens shall not be marketed, offered, or sold to residents in the People’s Republic of China (excluding the special administrative regions of Hong Kong and Macau, and Taiwan), South Korea, Japan, or the State of New York. The information contained in this Document and/or any Accompanying Documents will not constitute an offer to sell or an invitation, advertisement, or solicitation of an offer to buy Crowdnext Tokens (CNX) within the People’s Republic of China (excluding the special administrative regions of Hong Kong and Macau, and Taiwan), South Korea, Japan or the State of New York.

Appears in 2 contracts

Sources: Tokens Purchase Agreement, Tokens Purchase Agreement