Common use of Exempt Transaction; Investment Intent Clause in Contracts

Exempt Transaction; Investment Intent. (a) The Purchaser is an accredited investor as the term is defined in Rule 501(a) under the Act and (b) the Purchaser is purchasing the Notes for its own account (or for beneficiaries' accounts over which the Purchaser has investment discretion) and not with a view of reselling the Notes in violation of the Securities Act.

Appears in 2 contracts

Samples: Subordinated Note Subscription Agreement (Environmental Solutions Worldwide Inc), Subordinated Note Subscription Agreement (Environmental Solutions Worldwide Inc)

AutoNDA by SimpleDocs

Exempt Transaction; Investment Intent. (a) The Purchaser is an accredited investor investor” as the term is defined in Rule 501(a) under the Act and (b) the Purchaser is purchasing the Notes for his or its own account (or for beneficiaries' accounts over which the Purchaser has investment discretion) and not with a view of reselling the Notes in violation of the Securities Act.

Appears in 2 contracts

Samples: Note Subscription Agreement (Environmental Solutions Worldwide Inc), Note Subscription Agreement (Environmental Solutions Worldwide Inc)

Exempt Transaction; Investment Intent. (a) The Purchaser is an accredited investor as the term is defined in Rule 501(a) under the Act and (b) the Purchaser is purchasing the Notes for its own account (or for beneficiaries' accounts over which the Purchaser has investment discretion) and not with a view of reselling the Notes in violation of the Securities Act.

Appears in 1 contract

Samples: Subordinated Note Subscription Agreement (Black Leon D)

Exempt Transaction; Investment Intent. (a) The Purchaser is an accredited investor investor” as the term is defined in Rule 501(a) under the Act and (b) the Purchaser is purchasing the Notes for his, her or its own account (or for beneficiaries' accounts over which the Purchaser has investment discretion) and not with a view of reselling the Notes in violation of the Securities Act.

Appears in 1 contract

Samples: Senior Secured Convertible Promissory Note Subscription Agreement (Vystar Corp)

AutoNDA by SimpleDocs

Exempt Transaction; Investment Intent. (a) The Purchaser is an accredited investor as the term is defined in Rule 501(a) under the Act and (b) the Purchaser is purchasing the Notes Securities for its own account (or for beneficiaries' accounts over which the Purchaser has investment discretion) and not with a view of reselling the Notes Securities in violation of the Securities Act.

Appears in 1 contract

Samples: Subscription Agreement (Genesis Biopharma, Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!