Common use of Acknowledgment Regarding Buyer’s Purchase of Securities Clause in Contracts

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor (ii) an “affiliate” (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the Buyer’s purchase of the Securities. The Company further represents to the Buyer that the Company’s decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 20 contracts

Samples: Note Purchase Agreement (Nexien Biopharma, Inc.), Note Purchase Agreement (Growlife, Inc.), Securities Purchase Agreement (Resonate Blends, Inc.)

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Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the no Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor or (ii) an “affiliate” (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the no Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the such Buyer’s purchase of the Securities. The Company further represents to the each Buyer that the Company’s decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 15 contracts

Samples: Securities Purchase Agreement (Enveric Biosciences, Inc.), Securities Purchase Agreement (GridIron BioNutrients, Inc.), Securities Purchase Agreement

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm’s 's length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the no Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor or (ii) an "affiliate" (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the no Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the such Buyer’s 's purchase of the Securities. The Company further represents to the each Buyer that the Company’s 's decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 3 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (EnergyTEK Corp.), Securities Purchase Agreement (Inventergy Global, Inc.)

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the each Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor (ii) an “affiliate” (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the each Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the each Buyer’s purchase of the Securities. The Company further represents to the each Buyer that the Company’s decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Note Purchase Agreement (Deep Green Waste & Recycling, Inc.), Note Purchase Agreement (Deep Green Waste & Recycling, Inc.)

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm’s 's length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor (ii) an "affiliate" (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the Buyer’s 's purchase of the Securities. The Company further represents to the Buyer that the Company’s 's decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sphere 3D Corp), Securities Purchase Agreement (Astro Aerospace Ltd.)

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the no Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor or (ii) an “affiliate” (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the no Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a the Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the Buyer’s purchase of the Securities. The Company further represents to the Buyer that the Company’s decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Lord Global Corp)

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Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby thereby, and that the Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries; nor, nor (ii) an “affiliate” (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a the Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the Buyer’s purchase of the Securities. The Company further represents to the Buyer that the Company’s decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Note Purchase Agreement (Boxscore Brands, Inc.)

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm’s 's length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the no Buyer is neither (i) an officer or director of the Company or any of its Subsidiaries, nor (ii) an “affiliate” to the knowledge of the Company, a "beneficial owner" of more than 10% of the Common Stock (as defined in for purposes of Rule 144) 13d-3 of the Company or any of its Subsidiaries1934 Act). The Company further acknowledges that the no Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the such Buyer’s 's purchase of the Securities. The Company further represents to the each Buyer that the Company’s 's decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Spacedev Inc)

Acknowledgment Regarding Buyer’s Purchase of Securities. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby and that the no Buyer is neither (i) is an officer or director of the Company or any of its Subsidiaries, nor Subsidiaries or (ii) an “affiliate” affiliate (as defined in Rule 144) of the Company or any of its Subsidiaries. The Company further acknowledges that the no Buyer is not acting as a financial advisor or fiduciary of the Company or any of its Subsidiaries (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated hereby and thereby, and any advice given by a Buyer or any of its representatives or agents in connection with the Transaction Documents and the transactions contemplated hereby and thereby is merely incidental to the such Buyer’s purchase of the Securities. The Company further represents to the each Buyer that the Company’s decision to enter into the Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (22nd Century Group, Inc.)

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