Common use of Acquiring Shares Entirely for Own Account Clause in Contracts

Acquiring Shares Entirely for Own Account. Debt Holder hereby represents that the shares of Common Stock to be issued to Debt Holder hereunder will be acquired for investment for Debt Holder's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and that Debt Holder has no present intention of selling the same. By executing this Agreement, Debt Holder further represents that Debt Holder does not presently have any contract, undertaking, agreement or arrangement with any person to sell to any of the shares of Common Stock to be issued hereunder.