Marketability. It understands that the Company is closely held and that there is no public market for resale of the Shares. It understands that it is possible that a market for the Shares will not ever develop. As a consequence, it understands that it may not be able to liquidate its investment in the Shares, even in the event of an emergency. It also understands that, for the foregoing reasons, the Shares may not be readily accepted as collateral for a loan.
Appears in 4 contracts
Samples: Series C Preferred Stock Purchase Agreement (Cellomics Inc), Preferred Stock Purchase Agreement (Cellomics Inc), Preferred Stock and Warrant Purchase Agreement (Cellomics Inc)
