Common use of Lack of Liquidity Clause in Contracts

Lack of Liquidity. Purchaser has no present need for liquidity in connection with its purchase of the Preferred Shares.

Appears in 4 contracts

Samples: Registration Rights Agreement (Med-Design Corp), Preferred Stock Purchase Agreement (Verticalnet Inc), Preferred Stock Purchase Agreement (Premier Research Worldwide LTD)

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Lack of Liquidity. Each Purchaser has no present need for liquidity in connection with its his purchase of the Preferred Shares.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc), Series a Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)

Lack of Liquidity. Each Purchaser has no present need for liquidity in connection with its his purchase of the Preferred Shares.

Appears in 2 contracts

Samples: Series C Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc), Series D Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)

Lack of Liquidity. The Purchaser has no present need for liquidity in connection with its purchase of the Preferred Common Shares.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Homecom Communications Inc)

Lack of Liquidity. The Purchaser has no present need for liquidity in connection with its purchase of the Preferred Shares.

Appears in 1 contract

Samples: Series E Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)

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Lack of Liquidity. The Purchaser has no present need for liquidity in ----------------- connection with its the purchase of the Preferred SharesPurchased Securities.

Appears in 1 contract

Samples: Common Stock and Common Stock Purchase Warrants Agreement (View Tech Inc)

Lack of Liquidity. Each Purchaser has no present need for liquidity in connection with its purchase of the Preferred Purchased Shares.

Appears in 1 contract

Samples: Common and Preferred Stock Purchase and Shareholders' Agreement (Quality Distribution Inc)

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