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 each Purchaser 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 in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by any Purchaser or any of its representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to Purchaser’s purchase of the Securities. The Company further represents to Purchasers that the Company’s decision to enter into this Agreement has been based solely on the independent evaluation by the Company, and its representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Meridian Waste Solutions, Inc.), Securities Purchase Agreement (Meridian Waste Solutions, Inc.)

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Acknowledgment Regarding Purchaser’s Purchase of the Securities. The Company acknowledges and agrees that each Purchaser 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 each 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 transactions contemplated hereby and any advice given by any Purchaser of the Purchasers or any of its 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 Purchasers each Purchaser that the Company’s decision to enter into this Agreement has been based solely on the an independent evaluation by the Company, Company and its representatives.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock and Warrant Purchase Agreement (Vixel Corp)

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Acknowledgment Regarding Purchaser’s Purchase of the Securities. The Company acknowledges and agrees that each Purchaser 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 Purchasers are not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and or the transactions contemplated hereby hereby, the relationship between the Company and the Purchasers is “arms-length” and, except for the Purchasers’ representations and warranties in Section 2 hereof, any advice given statement made by any Purchaser or any of its their representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to Purchaser’s the Purchasers’ purchase of the SecuritiesSecurities and has not been relied upon by the Company, its officers or directors in any way. The Company further represents to Purchasers acknowledges that the Company’s decision to enter into this Agreement has been based solely on the an independent evaluation by the Company, Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cambridge Heart Inc)

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