Common use of Federal Securities Act Representations Clause in Contracts

Federal Securities Act Representations. The STOCKHOLDERS acknowledge that the shares of HDS Stock to be delivered to the STOCKHOLDERS pursuant to this Agreement have not been and will not be registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The HDS Stock to be acquired by such STOCKHOLDERS pursuant to this Agreement is being acquired solely for their own respective accounts, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of it in connection with a distribution.

Appears in 4 contracts

Samples: Merger Agreement (Hospitality Design & Supply Inc), Merger Agreement (Hospitality Design & Supply Inc), Agreement and Plan of Reorganization (Hospitality Design & Supply Inc)

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Federal Securities Act Representations. The STOCKHOLDERS acknowledge that the shares of HDS Stock to be delivered to the STOCKHOLDERS pursuant to under this Agreement have not been registered and will not be registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The HDS Stock to be acquired by such STOCKHOLDERS pursuant to under this Agreement is being acquired solely for their own respective accounts, for investment purposes only, and with no present intention of distributingdistributing it, selling it or otherwise disposing of it in connection with a distribution.

Appears in 1 contract

Samples: Merger Agreement (Hospitality Design & Supply Inc)

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