Common use of Acknowledgment Regarding Purchasers’ Purchase of Securities Clause in Contracts

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s purchase of the Securities. The Company further represents to each Purchaser that the Company’s decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such Purchaser in the Company.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Bulldog Technologies Inc), Securities Purchase Agreement (American United Global Inc), Securities Purchase Agreement (Ipix Corp)

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Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s purchase of the Securities. The Company further represents to each Purchaser that the Company’s decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such Purchaser in the Company.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Paradigm Holdings, Inc), Securities Purchase Agreement (Internet Commerce Corp), Preferred Stock Purchase Agreement (Paradigm Holdings, Inc)

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s 's length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s 's purchase of the Securities. The Company further represents to each Purchaser that the Company’s 's decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such Purchaser in the Company.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Visual Data Corp), Securities Purchase Agreement (Biophan Technologies Inc), Securities Purchase Agreement (Britesmile Inc)

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers Purchaser is acting solely in the capacity of an arm’s length purchaser with respect to this Agreement and the transactions contemplated herebyhereby and thereby. The Company further acknowledges that no the Purchaser is not acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any the Purchaser or any of their its respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such the Purchaser’s purchase of the Securities. The Company further represents to each the Purchaser that the Company’s decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no the Purchaser has not made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such the Purchaser in the Company.

Appears in 3 contracts

Samples: Purchase Agreement (Steel Connect, Inc.), Preferred Stock Purchase Agreement (ModusLink Global Solutions Inc), Preferred Stock Purchase Agreement (Falconstor Software Inc)

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s 's length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents to the Company in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s 's purchase of the Securities. The Company further represents to each Purchaser that the Company’s 's decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such Purchaser in the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Millennium Biotechnologies Group Inc)

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s 's length purchaser with respect to this Agreement the Transaction Documents and the transactions contemplated herebyhereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s 's purchase of the Securities. The Company further represents to each Purchaser that the Company’s 's decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such Purchaser in the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carrington Laboratories Inc /Tx/)

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Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that that, to its knowledge, each of the Purchasers is acting solely in the capacity of an arm’s 's length purchaser with respect to this Agreement Agreement, the Transaction Documents and the transactions contemplated herebyhereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or or, to the Company's knowledge, any other Purchaser (or in any similar capacity) Purchaser, with respect to this Agreement Agreement, the Transaction Documents and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s purchase of the Securitiesthereby. The Company further represents to each Purchaser that the Company’s 's decision to enter into this Agreement and the Transaction Documents has been based solely on the independent evaluation of the transactions contemplated hereby and thereby by the Company and its representatives. The , and no statement, commitment or promise to the Company further acknowledges that no or any of its representatives by any Purchaser has made any promises or commitments (other than as those statements, commitments or promise set forth in this Agreement and the Transaction Documents) is or was an inducement to the Company to enter into this Agreement, including any promises the Transaction Documents or commitments for any additional investment by any such Purchaser in the Companyotherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Health Fitness Corp /MN/)

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s purchase of the Securities. The Company further represents to each Purchaser that the Company’s decision to enter into this Agreement has been based solely on the independent evaluation of the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this Agreement, including any promises or commitments for any additional investment by any such Purchaser in the Company.. 18

Appears in 1 contract

Samples: Securities Purchase Agreement (Ace Comm Corp)

Acknowledgment Regarding Purchasers’ Purchase of Securities. The Company acknowledges and agrees that each of the Purchasers is acting solely in the capacity of an arm’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company or any other Purchaser (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to such Purchaser’s purchase of the Securities. The Company further represents to each Purchaser that the Company’s decision to enter into this Agreement and the other Transaction Documents has been based solely on the independent evaluation of the transactions contemplated hereby by the Company and its representatives. The Company further acknowledges that no Purchaser has made any promises or commitments other than as set forth in this AgreementAgreement and the other Transaction Documents to which it is a party, including any promises or commitments for any additional investment by any such Purchaser in the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Satcon Technology Corp)

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