Common use of Illiquid Investment Clause in Contracts

Illiquid Investment. The Purchaser understands that the Company has no present intention of registering the Shares. The Purchaser further understands that no market exists for the Shares, and there can be no assurance that a market will develop for the Shares. Accordingly, the Shares represent a very illiquid investment with no assurance of an available exit strategy for the Purchaser.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Icop Digital, Inc), Stock Purchase Agreement (Navidec Financial Services, Inc.), Stock Purchase Agreement (Navidec Financial Services, Inc.)

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Illiquid Investment. The Purchaser understands that the Company has no present intention of registering the Shares. The Purchaser further understands that no market exists for the Shares, and there can be no assurance that a market will develop for the Shares. Accordingly, the Shares represent a very illiquid investment with no assurance of an available exit strategy for the Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Icop Digital, Inc)

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