Investment Intent of Purchaser. The Shares will be acquired by Purchaser for its own account and not for the purpose of a distribution. Purchaser will refrain from transferring or otherwise disposing of any of the Shares acquired by it, or any interest therein, in such manner as would violate any provision of the Securities Act, or any applicable state securities law regulating the disposition thereof. Purchaser acknowledges and agrees that the certificates representing the Shares may bear legends to the effect that the Shares have not been registered under the Securities Act, or such other state securities laws, and that no interest therein may be transferred or otherwise disposed of in violation of the provisions thereof. Purchaser shall comply with Purchaser’s warranties and obligations set forth in this Section 7.8.
Investment Intent of Purchaser. Purchaser acknowledges that the Membership Interests have not been, and will not be, registered under the Securities Act of 1933, as amended, or under any state securities laws, and is being sold in reliance upon federal and state exemptions for transactions not involving any public offering. Purchaser is a sophisticated investor with knowledge and experience in business and financial matters.
Investment Intent of Purchaser. Each Purchaser, severally but not jointly, represents and warrants to the Company that it is acquiring Preferred Shares and the Warrants for its own account, with no present intention of selling or otherwise distributing the same to the public except pursuant to a transaction registered under the Securities Act or exempt from the registration requirements thereunder.
Investment Intent of Purchaser. The Purchaser is acquiring the Preferred Shares for its own account for investment and not with a view to distribution. The Purchaser is acquiring the Preferred Shares with no past, present or future intention of violating the Securities Act in any material respect.
Investment Intent of Purchaser. Purchaser is acquiring the Shares pursuant to this Agreement solely for its own account for investment purposes only, and not with a view to, or for offer or sale in connection with, any distribution thereof. Purchaser acknowledges that the Shares are not registered under the Securities Act of 1933, as amended, or any state securities Legal Requirements, and that the Shares may not be transferred or sold except pursuant to the registration provisions of the Securities Act of 1933, as amended, or pursuant to an applicable exemption therefrom, and subject to all applicable state securities Legal Requirements, as applicable. Purchaser is able to bear the economic risk of an investment in the Shares for an indefinite period of time (including the total loss of its investment), and has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risk of its investment in the Shares.
Investment Intent of Purchaser. PURCHASER represents that it is acquiring the Stock for its own account for investment and not with a view to distribution.
Investment Intent of Purchaser. The Purchaser acknowledges that the Purchased Stock which it is purchasing pursuant to the terms of this Agreement is not being registered under the Securities Act in reliance upon an exemption from the registration requirements of the Securities Act. The Purchased Stock being acquired by the Purchaser is being acquired for investment purposes only and not with a view to the distribution thereof.
Investment Intent of Purchaser. The Purchaser will be acquiring the Securities and any Common Shares issuable upon exercise of the Warrant for its own account, with no present intention of selling or otherwise distributing any such securities in violation of the Securities Act.
Investment Intent of Purchaser. PPEI represents and warrants to the Company that it is acquiring the Purchased Shares for its own account, with no present intention of selling or otherwise distributing the same to the public.
Investment Intent of Purchaser. The Purchaser will be acquiring the Note, the Warrants, and any Common Shares issuable upon conversion of the Note, exercise of the Warrants, or pursuant to section 5.7 for its own account, with no present intention of selling or otherwise distributing any such securities in violation of the Securities Act.
