Common use of Acquiring for Investment Purposes Clause in Contracts

Acquiring for Investment Purposes. Purchaser is acquiring the Securities, as principal, for Purchaser’s own account for investment purposes only, and not with a present intention toward or for the resale, distribution or fractionalization thereof, and no other person has a beneficial interest in the Securities. Purchaser has no present intention of selling or otherwise distributing or disposing of the Securities, and understands that an investment in the Securities must be considered a long-term illiquid investment.

Acquiring for Investment Purposes. Purchaser is acquiring the Securities, as principal, for Purchaser’s 's own account for investment purposes only, and not with a present intention toward or for the resale, distribution or fractionalization thereof, and no other person has a beneficial interest in the Securities. Purchaser has no present intention of selling or otherwise distributing or disposing of the Securities, and understands that an investment in the Securities must be considered a long-term illiquid investment.