State Securities Registration. The Company further covenants, warrants and agrees that: (a) It will use its best efforts to either take all necessary action and file all necessary forms and documents in order to qualify or register all 625,000 Units in the various states in which the Units are proposed to be offered and to register such number of Units for sale as you shall from time to time request during the course of the Offering or will take any necessary action and file any and all forms which are required to obtain an exemption from such qualification or registration in such states as you and the Company mutually agree upon; (b) In each jurisdiction where the Units have been registered or qualified or offered in an exempt transaction as provided above, the Company will make and file such statements, documents, materials and reports in each year and take all other actions as are or may be required to be made or filed by the Company by the laws of such jurisdictions, and you will similarly make and file such statements and reports as are required of you after receipt by you of written advice of such requirements by the Company; and (c) The Company will promptly provide to you for delivery to all offerees and purchasers and their representatives any additional information, documents and instruments which you or the Company deems necessary to comply with the rules, regulations and judicial and administrative interpretations respecting compliance with such exemptions or qualifications and registration requirements in those states where the Units are to be offered or sold.
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State Securities Registration. The Company further covenants, warrants and agrees that:
(a) It will use its best efforts to either take all necessary action and file all necessary forms and documents in order to qualify or register all 625,000 100,000 Units in the various states in which the Units are proposed to be offered and to register such number of Units for sale as you shall from time to time request during the course of the Offering or will take any necessary action and file any and all forms which are required to obtain an exemption from such qualification or registration in such states as you and the Company mutually agree upon;
(b) In each jurisdiction where the Units have been registered or qualified or offered in an exempt transaction as provided above, the Company will make and file such statements, documents, materials and reports in each year and take all other actions as are or may be required to be made or filed by the Company by the laws of such jurisdictions, and you will similarly make and file such statements and reports as are required of you after receipt by you of written advice of such requirements by the Company; and
(c) The Company will promptly provide to you for delivery to all offerees and purchasers and their representatives any additional information, documents and instruments which you or the Company deems necessary to comply with the rules, regulations and judicial and administrative interpretations respecting compliance with such exemptions or qualifications and registration requirements in those states where the Units are to be offered or sold.
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