ACKNOWLEDGMENTS OF PURCHASERS Sample Clauses

ACKNOWLEDGMENTS OF PURCHASERS. The Purchasers acknowledge ----------------------------- as follows: (a) Libra. Libra is (i) the purchaser and remains the holder of that ----- Series A Secured Note in the principal amount of $4,142,931 and (ii) the party in interest as "Purchaser" under the related Note Purchase Agreement, and in such capacity Libra is authorized to extend consents and amendments with respect to the Note Purchase Agreements as set forth herein.
Sample 1
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ACKNOWLEDGMENTS OF PURCHASERS. Except for breaches of the representations and warranties set forth in Article 3 and Article 4, Purchasers will have no claim or right to indemnification, and no Seller will have or be subject to any Liability to Purchasers or any other Person, with respect to any information, documents or materials furnished or omitted by the Sellers, the Company or any of their respective officers, directors, managers, employees, agents or advisors relating to the Company and its Subsidiaries, and any information, documents or materials made available to Purchasers in fulfillment of due diligence requests, presentations or in any other form in expectation of the Transaction.
Sample 1
ACKNOWLEDGMENTS OF PURCHASERS. Each Purchaser, as to itself only, understands and acknowledges that: 5.1 The offering involves a high degree of risk and there can be no assurance that the Company will be successful with its current business strategy. Therefore, the possibility exists that Purchasers may lose their entire investment in the Company. 5.2 The offering of the Units to Purchasers has not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws or regulations, and the Units issuable will be restricted securities which must be held for an indefinite period of time unless they are subsequently so registered or an exemption from such registration is available. 5.3 The Units are being offered and sold without registration under the Securities Act in reliance upon applicable exemptions under the Securities Act and similar exemptions under state securities laws for private offerings. The availability of the aforesaid exemptions depends in part upon the accuracy of certain of the representations, declarations and warranties which are made by Purchasers herein and in any other information furnished by Purchasers to the Company, and the same may be relied upon in determining the suitability of Purchasers to invest in the Company. 5.4 Trading in the Company's securities is presently conducted in the over-the-counter market on the OTC Bulletin Board. As a result, an investor may find it difficult to dispose of, or to obtain accurate quotations as to the price of the securities. There is a limited established market for the common stock and it is possible that no greater public market for such securities will develop.
Sample 1

Related to ACKNOWLEDGMENTS OF PURCHASERS

  • Representation of Purchasers You will act for the several Purchasers in connection with this purchase, and any action under this Agreement taken by you will be binding upon all the Purchasers.

  • Lists of Purchasers Concurrently with the delivery of any Reserve Report to the Administrative Agent pursuant to Section 8.12, a list of all Persons purchasing Hydrocarbons from any Loan Party (or, with respect to Oil and Gas Properties that are not operated by a Loan Party, a list of the operators of such properties).

  • Representations of Purchaser Purchaser acknowledges that Purchaser has received, read and understood the Plan and the Option Agreement and agrees to abide by and be bound by their terms and conditions.

  • REPRESENTATIONS AND WARRANTIES OF PURCHASERS Each Purchaser hereby represents and warrants to the Company as follows:

  • Closing Deliveries of Purchaser At the Closing, Purchaser shall deliver to Seller:

  • 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 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. 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.

  • REPRESENTATIONS AND WARRANTIES OF PURCHASER Purchaser hereby represents and warrants to Seller as follows:

  • Covenants of Purchaser Purchaser covenants and agrees as follows:

  • 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 the Transaction Documents and the transactions contemplated 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 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.

  • Status of Purchasers Such Purchaser is an “accredited investor” as defined in Regulation D promulgated under the Securities Act. Such Purchaser is not required to be registered as a broker-dealer under Section 15 of the Exchange Act and such Purchaser is not a broker-dealer.

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