Common use of Illiquidity and Continued Economic Risk Clause in Contracts

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the Shares. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.

Appears in 72 contracts

Samples: Subscription Agreement (Medical Care Technologies Inc.), Subscription Agreement (Nano Mobile Healthcare, Inc.), Subscription Agreement (Mivium, Inc.)

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Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares Securities and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares Securities on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the SharesSecurities. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.

Appears in 11 contracts

Samples: Subscription Agreement (Digital Brands Group, Inc.), Subscription Agreement (Virtuix Holdings Inc.), Subscription Agreement (Virtuix Holdings Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amendedAct) with respect to facilitating trading or resale of the Shares. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.

Appears in 11 contracts

Samples: Series C 1 Preferred Stock Subscription Agreement (Gin & Luck Inc.), Series C 1 Preferred Stock Subscription Agreement (Gin & Luck Inc.), Subscription Agreement (Innovega Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares Securities and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares Securities on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the SharesSecurities. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the SharesSecurities.

Appears in 11 contracts

Samples: Subscription Agreement (Digital Brands Group, Inc.), Subscription Agreement (Digital Brands Group, Inc.), Subscription Agreement

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the Shares. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s 's entire investment in the Shares.

Appears in 4 contracts

Samples: Subscription Agreement (CR Global Holdings, Inc.), Subscription Agreement (CR Global Holdings, Inc.), Subscription Agreement (CR Global Holdings, Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Investor further acknowledges and agrees that the Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amendedAct) with respect to facilitating trading or resale of the Shares. , and therefore Investor must may be required to bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Sharesindefinitely.

Appears in 2 contracts

Samples: Series B Preferred Stock Subscription Agreement (Basil Street Cafe, Inc.), Series B Preferred Stock Subscription Agreement (Basil Street Cafe, Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Investor must bear the economic risk of this investment indefinitely and the Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amendedAct) with respect to facilitating trading or resale of the Shares. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.

Appears in 2 contracts

Samples: Subscription Agreement (Nixplay Inc), Subscription Agreement (Nixplay Inc)

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Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amendedamended (the “Exchange Act”)) with respect to facilitating trading or resale of the Shares. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Laneaxis, Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares Securities and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares Securities on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the SharesSecurities. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.Securities. ​

Appears in 1 contract

Samples: Subscription Agreement (Digital Brands Group, Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the Shares. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Warpspeed Taxi Inc.)

Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is no ready public market for the Shares Securities and that there is no guarantee that a market for their resale will ever exist. The Company has no obligation to list any of the Shares Securities on any market or take any steps (including registration under the Securities Act or the Securities Exchange Act of 1934, as amended) with respect to facilitating trading or resale of the SharesSecurities. Investor must bear the economic risk of this investment indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Shares.. ​

Appears in 1 contract

Samples: Subscription Agreement (Digital Brands Group, Inc.)

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