Acquisition for Own Account Clause Samples
The "Acquisition for Own Account" clause establishes that a party is acquiring securities or assets solely for its own investment purposes and not with the intention to resell or distribute them to others. In practice, this clause typically requires the acquiring party to confirm that it is not acting as an agent, underwriter, or intermediary for another person or entity, and that it does not have a current plan to transfer the acquired interests. The core function of this clause is to ensure compliance with securities regulations by preventing unregistered public distributions and to clarify the intent behind the acquisition, thereby reducing regulatory risk for the issuer or seller.
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Acquisition for Own Account. Purchaser is acquiring the Shares and the Conversion Shares for Purchaser's own account for investment only, and not with a view towards their distribution.
Acquisition for Own Account. The Purchaser is acquiring the Note and Warrant and the Note Shares and the Warrant Shares for the Purchaser's own account for investment only, and not as a nominee or agent and not with a view towards or for resale in connection with their distribution.
Acquisition for Own Account. The Purchaser is acquiring the Securities for its own account for investment and not with a view toward distribution in a manner which would violate the Securities Act or any applicable state securities laws.
Acquisition for Own Account. 14 5.6 Purchaser Can Protect Its Interest............................14 5.7 Accredited Investor...........................................14 5.8 Legends.......................................................14
Acquisition for Own Account. The Holder is acquiring the Securities for the Holder’s own account for investment only, and not with a view towards their distribution.
Acquisition for Own Account. Laurus is acquiring the Securities for its own account for investment only, and not as a nominee or agent and not with a view towards or for resale in connection with their distribution.
Acquisition for Own Account. Purchaser is acquiring the Shares for the Purchaser's own account and not with intent to dispose of the Shares.
Acquisition for Own Account. Such Purchaser is acquiring the Shares for investment for such Purchaser’s own account not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and such Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the same and such Purchaser does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participations to such person or to any third person, with respect to the foregoing.
Acquisition for Own Account. Investor is acquiring the Shares for Investor's own account for investment only, and not with a view towards their distribution.
Acquisition for Own Account. Warrantholder is entering into this Agreement for Warrantholder's own account and not with a view to or for sale in connection with any distribution of securities.