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

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ purchase of the Shares.

Appears in 15 contracts

Samples: Stock Purchase Agreement (Southern States Bancshares, Inc.), Stock Purchase Agreement (Riverview Financial Corp), Stock Purchase Agreement (HCSB Financial Corp)

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Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no each Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ such Purchaser’s purchase of the Shares.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Bancorp 34, Inc.)

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ purchase of the Shares.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Vici Properties Inc.), Securities Purchase Agreement (Kalobios Pharmaceuticals Inc)

Acknowledgment Regarding Purchasers’ Purchase of Shares. The As between the Company and the Purchasers, 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 the Transaction Documents and the transactions contemplated hereby and therebyhereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents this Agreement and the transactions contemplated thereby hereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Documents this Agreement and the transactions contemplated thereby hereby is merely incidental to the Purchasers’ purchase of the Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sumtotal Systems Inc)

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers' purchase of the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trinity Capital Corp)

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no the Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any the Purchaser or any of their its respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ Purchaser’s purchase of the Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hanmi Financial Corp)

Acknowledgment Regarding Purchasers’ Purchase of Shares. The Company acknowledges and agrees that each of the Purchasers Purchaser is acting solely in the capacity of an arm’s length purchaser Purchaser with respect to the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no the Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any the Purchaser or any of their its respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ Purchaser’s purchase of the Preferred Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Busey Corp /Nv/)

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ purchase of the SharesSecurities.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pacific Financial Corp)

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Acknowledgment Regarding Purchasers’ Purchase of Shares. The Company Bank acknowledges and agrees that each of the Purchasers Purchaser 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. The Company Bank further acknowledges that no the Purchaser is not acting as a financial advisor or fiduciary of the Company Bank (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any the Purchaser or any of their respective its representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ Purchaser’s purchase of the Purchased Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Southern California Bancorp \ CA)

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 other Transaction Documents and the transactions contemplated hereby hereunder and therebyxxxxxxxxxx. The Company further acknowledges that no the Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the other Transaction Documents and the transactions contemplated thereby hereunder and thereunder, and any advice given by any the Purchaser or any of their respective its representatives or agents in connection with this Agreement and the other Transaction Documents and the transactions contemplated thereby hereunder and thereunder is merely incidental to the Purchasers’ Purchaser’s purchase of the Shares.

Appears in 1 contract

Samples: Share Purchase Agreement (Adit EdTech Acquisition Corp.)

Acknowledgment Regarding Purchasers’ Purchase of Shares. 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 the Transaction Operative Documents and the transactions contemplated hereby and thereby. The Company further acknowledges that no Purchaser is acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Operative Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective representatives or agents in connection with the Transaction Operative Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ purchase of the SharesSecurities.

Appears in 1 contract

Samples: Purchase Agreement (Grubb & Ellis Co)

Acknowledgment Regarding Purchasers’ Purchase of Shares. The Company acknowledges and agrees that each of the Purchasers Purchaser 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. The Company further acknowledges that no Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and any advice given by any Purchaser or any of their respective its representatives or agents in connection with the Transaction Documents and the transactions contemplated thereby is merely incidental to the Purchasers’ Purchaser's purchase of the Series C Preferred Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Carver Bancorp Inc)

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