Buyer’s Investment Representations. (a) This Agreement is made in reliance upon the Buyer’s representation to the Company, which by its acceptance hereof Buyer hereby confirms, that the Securities to be received by it will be acquired for investment for its own account, not as a nominee or agent, and not with a view to the sale or distribution of any part thereof, and that it has no present intention of selling, granting participation in, or otherwise distributing the same, but subject nevertheless to any requirement of law that the disposition of its property shall at all times be within its control.
Buyer’s Investment Representations. (a) The Buyer understands that the Securities are not registered under the 1933 Act, on the basis that the sale provided for in this Agreement and the issuance of securities hereunder is exempt from registration under the 1933 Act pursuant to Section 4(a)(2) thereof, and that the Company’s reliance on such exemption is predicated on the Buyer’s representations set forth herein. The Buyer realizes that the basis for the exemption may not be present if, notwithstanding such representations, the Buyer has in mind merely acquiring shares of the Securities for a fixed or determinable period in the future, or for a market rise, or for sale if the market does not rise. The Buyer does not have any such intention.
Buyer’s Investment Representations. In connection with the execution of this Agreement, including, without limitation, the purchase of the Sold Shares, and payment of the Purchase Price, Buyers represent, severally but not jointly, to the Seller the following:
Buyer’s Investment Representations. Buyer hereby represents that it is acquiring the Shares purchased hereunder for its own account with the present intention of holding such securities for purposes of investment, and that it has no intention of selling such securities in a public distribution in violation of the federal securities laws or any applicable state securities laws and that it is an “accredited investor” as defined in Rule 501 of Regulation D under the Securities Act of 1933, as amended.
Buyer’s Investment Representations. Buyer represents that it is acquiring the Common Stock purchased hereunder with the present intention of holding such securities for investment purposes and that it has no intention of selling such securities in a public distribution in violation of federal or state securities laws; provided that nothing contained herein will prevent Buyer from transferring such securities pursuant to:
