Investment Interest. The purchase of Shares from Seller pursuant to this Agreement is for the account of Purchaser for investment and not with a view to the sale or distribution thereof within the meaning of the Securi- ties Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"); and any sale, transfer or other disposition of Seller Shares purchased pursuant to this Agreement will be made in compliance with all applicable provisions of the Securities Act.
Investment Interest. Interest earned on funds deposited or invested by or on behalf of the CMHSP, except as otherwise restricted by GAAP or2 CFR 200 Subpart E Cost Principles. Also, interest earned on MDHHS funds by contract agencies and/or network providers as specified in its contracts with the CMHSP.
Investment Interest. The Buyer is an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act and is acquiring the Shares for its own account for investment purposes only and not with a view to, or for sale or resale in connection with, any distribution within the meaning of Section 2(11) of the Securities Act. The Buyer understands that the Shares are characterized as “restricted securities” under the federal securities laws inasmuch as they are being acquired from the Stockholders in a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances.
Investment Interest. The Escrow Agent is hereby authorized and directed to hold the Escrow Fund and shall invest such Escrow Fund in Class B Shares of the Dreyfus General Money Market Fund. The Escrow Agent shall have no duty, responsibility or obligation to invest any funds or cash held in the Escrow Account other than in accordance with this Section 3(b). Interest accruing on, and any profit resulting from, such investments shall be distributed with the principal amount of the Escrow Fund as provided in this Agreement, and all references to the "Escrow Fund" shall be construed to include any interest then earned. The Escrow Agent shall have no liability or responsibility for any investment losses, including without limitation any market loss on any investment liquidated (whether at or prior to maturity) in order to make a payment required under this Escrow Agreement. The Escrow Agent may, in making or disposing of any investment permitted by this Escrow Agreement, deal with itself, in its individual capacity, or any of its affiliates, whether or not it or such affiliate is acting as a subagent of the Escrow Agent or for any third person or dealing as principal for its own account.
Investment Interest. Interest earned on funds deposited or invested by or on behalf of the PIHP, except as otherwise restricted by GAAP or OMB circular A-87. Also, interest earned on MDCH funds by contract agencies and/or network providers as specified in its contracts with the PIHP.
Investment Interest. Unless the shares to be acquired hereunder have been registered under applicable securities laws and a representation for investment intent is not needed to comply with the securities laws, if required by Castle Brands at the time of any exercise of this Warrant Agreement, as a condition to such exercise, Investor shall enter into an agreement with Castle Brands in form reasonably satisfactory to counsel for Castle Brands by which Investor (1) shall represent that it is an ‘‘accredited investor’’ as defined by Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended (the ‘‘Securities Act’’), and the shares are being acquired for Investor's own account for investment and not with a view to, or for sale in connection with, any resale or distribution of such shares, and (2) shall agree that, if Investor should decide to sell, transfer, or otherwise dispose of any of such shares, Investor may do so only in accordance with this Warrant Agreement and applicable securities laws.
Investment Interest. Escrow Agent shall invest the Xxxxxxx Money in a federally-insured interest bearing account. Upon expiration of the Inspection Period, and except to the extent otherwise set forth herein, all Xxxxxxx Money shall be non-refundable and shall be applied for Purchaser’s benefit against the Purchase Price at Closing (as defined in Section 5 below). All interest which has accrued on the Xxxxxxx Money shall, under all circumstances, belong to the party which is ultimately entitled to receive the Xxxxxxx Money. Seller and Purchaser each agree to execute and deliver all documents which are reasonably requested by Escrow Agent to effectuate the escrow of the Xxxxxxx Money, provided and so long as such documents are consistent with the terms of this Agreement.
Investment Interest. The Buyer is acquiring the shares of CLS for its own account and for investment and not with a view to any resale, distribution, subdivisions, or fractionalization thereof, within the meaning of the Securities Act of 1933, as amended.
Investment Interest. Unless the Underlying Shares (as hereinafter defined) have been registered under the securities laws and a representation for investment intent is not needed to comply with the securities laws, if required by Castle Brands at the time of any exercise of this Warrant Agreement, as a condition to such exercise, Holder shall enter into an agreement with Castle Brands in form reasonably satisfactory to counsel for Castle Brands by which Holder (1) shall represent that the shares are being acquired for Holder's own account for investment and not with a view to, or for sale in connection with, any resale or distribution of such shares, and (2) shall agree that, if Holder should decide to sell, transfer, or otherwise dispose of any of such shares, Holder may do so only in accordance with this Warrant Agreement and applicable securities laws.
Investment Interest. If required by Bancorp, Employee shall enter into an agreement with Bancorp in form satisfactory to counsel for Bancorp by which Employee (i) shall represent that the Shares covered by the Agreement shall be held for Employee’s own account for investment and not with a view to, or for sale in connection with, any resale or distribution of such shares, and (ii) shall agree that, if Employee should decide to sell, transfer, or otherwise dispose of any of any Shares, Employee may do so only if the shares are registered under the Securities Act of 1933 and the Oregon Securities Law, unless, in the opinion of counsel for Bancorp, such registration is not required.
