Common use of Accredited Investor; Investment Intent Clause in Contracts

Accredited Investor; Investment Intent. Seller qualifies as an “accredited investor” within the meaning of Rule 501(a) of Regulation D of the Securities Act. Seller is acquiring the Cantel Shares included in the Stock Consideration for his own account for the purpose of investment and not with a view to, or for sale in connection with, the distribution thereof, and he has no present intention of distributing or selling such Cantel Shares. Seller understands that the Cantel Shares have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and hereby agrees not to make any sale, transfer or other dispositions of such Shares unless either (i) such Cantel Shares have been registered under the Securities Act and all applicable state and other securities laws and any such registration remains in effect or (ii) registration is not required under the Securities Act or applicable state securities laws with respect to such sale, transfer or other disposition.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Cantel Medical Corp), Stock Purchase Agreement (Cantel Medical Corp), Stock Purchase Agreement (Cantel Medical Corp)

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Accredited Investor; Investment Intent. Seller Purchaser qualifies as an “accredited investor” within the meaning of Rule 501(a) of Regulation D of the Securities Act. Seller Purchaser is acquiring the Cantel Shares included in on the Stock Consideration date of the Closing for his its own account for the purpose of investment and not with a view to, or for sale in connection with, the distribution thereof, and he it has no present intention of distributing or selling such Cantel Shares. Seller Purchaser understands that the Cantel Shares have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and hereby agrees not to make any sale, transfer or other dispositions of such Shares unless either (i) such Cantel Shares have been registered under the Securities Act and all applicable state and other securities laws and any such registration remains in effect or (ii) registration is not required under the Securities Act or applicable state securities laws with respect to such sale, transfer or other disposition.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Cantel Medical Corp), Stock Purchase Agreement (Cantel Medical Corp), Stock Purchase Agreement (Cantel Medical Corp)

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Accredited Investor; Investment Intent. Seller qualifies as an “accredited investor” within the meaning of Rule 501(a) of Regulation D of the Securities Act. Seller is acquiring the Cantel Shares included in the Stock Consideration for his its own account for the purpose of investment and not with a view to, or for sale in connection with, the distribution thereof, and he it has no present intention of distributing or selling such Cantel Shares. Seller understands that the Cantel Shares have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and hereby agrees not to make any sale, transfer or other dispositions of such Shares unless either (i) such Cantel Shares have been registered under the Securities Act and all applicable state and other securities laws and any such registration remains in effect or (ii) registration is not required under the Securities Act or applicable state securities laws with respect to such sale, transfer or other disposition.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cantel Medical Corp)

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