Illiquid Investment. The Purchaser acknowledges that it must bear the economic risk of its investment in the Securities for an indefinite period of time, until such time as the Securities are registered or as an exemption from registration is available. The Purchaser acknowledges that the soonest that the Rule 144 exemption from registration could become available would be after the Purchaser has paid for and held the Securities for one year.
Appears in 9 contracts
Samples: Securities Purchase Agreement (TCW Group Inc), Securities Purchase Agreement (Contango Oil & Gas Co), Securities Purchase Agreement (Contango Oil & Gas Co)
Illiquid Investment. The Each Purchaser acknowledges that it must bear the economic risk of its investment in the Securities for an indefinite period of time, until such time as the Securities are registered or as an exemption from registration is available. The Each Purchaser acknowledges that the soonest that the Rule 144 exemption from registration could become available would be after the such Purchaser has paid for and held the Securities for one year.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Contango Oil & Gas Co), Securities Purchase Agreement (Contango Oil & Gas Co), Securities Purchase Agreement (Contango Oil & Gas Co)
Illiquid Investment. The Purchaser acknowledges that it ------------------- must bear the economic risk of its investment in the Securities for an indefinite period of time, until such time as the Securities are registered or as an exemption from registration is available. The Purchaser acknowledges that the soonest that the Rule 144 exemption from registration could become available would be after the Purchaser has paid for and held the Securities for one year.
Appears in 1 contract
Samples: Securities Purchase Agreement (Contango Oil & Gas Co)
Illiquid Investment. The Each Purchaser acknowledges that it must bear the economic risk of its investment in the Purchased Securities for an indefinite period of time, until such time as the Purchased Securities are registered or as an exemption from registration is available. The Each Purchaser acknowledges that the soonest that the Rule 144 exemption from registration could become available would be after the such Purchaser has paid for and held the Purchased Securities for one year.
Appears in 1 contract