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

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each Purchaser and the Company, are "arms-length", and that any statement made by Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is not advice or a recommendation, is merely incidental to Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (P Com Inc), Securities Purchase Agreement (P Com Inc)

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Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each Purchaser and the Company, are "arms-length", and that any statement made by Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is not advice or a recommendation, is merely incidental to Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Valence Technology Inc), Securities Purchase Agreement (Valence Technology Inc)

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each Purchaser and the Company, are "arms-length", and that any statement made by PurchaserPurchaser (except as set forth in Article II), or any of its representatives or agents, in connection with this Agreement or and the transactions contemplated hereby is not advice or a recommendation, is merely incidental to Purchaser's purchase of the Securities and has not been relied upon as such in any way by the Company, its officersofficers or directors, directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has have been based solely on an independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Note and Common Stock Purchase Agreement (Beta Oil & Gas Inc), Note and Common Stock Purchase Agreement (Beta Oil & Gas Inc)

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser is acting independently and is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each Purchaser and the Company, are "arms-length", and that any statement made by Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is not advice or a recommendation, is merely incidental to Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Insignia Solutions PLC)

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser 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 this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each the Purchaser and the Company, are "arms-length", and that any statement made by Purchaser, or any of its representatives or agents, in connection with this Agreement or and the transactions contemplated hereby is not advice or a recommendation, is merely incidental to Purchaser's purchase of the Securities and has not been relied upon as advice or recommendations in any way by the Company, its officers, officers or directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has have been based solely on an independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Bio Medica Corp)

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that the Purchaser is acting independently and is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each the Purchaser and the Company, are "arms-arms- length", and that any statement made by the Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is not advice or a recommendation, is merely incidental to the Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to the Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Online System Services Inc)

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Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser is Purchasers are not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each Purchaser and the Company, are "arms-length", and that any statement made by any Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is not advice or a recommendation, is merely incidental to each Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to Purchaser Purchasers that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Molten Metal Technology Inc /De/)

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that each Purchaser is acting independently and is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction contemplated hereby, and the relationship between each Purchaser and the Company, are "arms-length", and that any statement made by any Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is does not constitute advice or a recommendation, is merely incidental to such Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (On Technology Corp)

Acknowledgment Regarding Purchaser’s Purchase of the Securities. The --------------------------------------------------------------- Company acknowledges and agrees that Purchaser is acting independently and is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement or the transactions contemplated hereby, that this Agreement and the transaction transactions contemplated hereby, and the relationship between each Purchaser and the Company, are Company is "arms-length", and that any statement made by Purchaser, or any of its representatives or agents, in connection with this Agreement or the transactions contemplated hereby is not advice or a recommendation, is merely incidental to Purchaser's purchase of the Securities and has not been relied upon in any way by the Company, its officers, directors or other representatives. The Company further represents to Purchaser that the Company's decision to enter into this Agreement and the transactions contemplated hereby has been based solely on an independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (THCG Inc)

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