No Liquidity. Such Investor will not sell or otherwise transfer the Shares without registration under the Act or an exemption therefrom, and fully understands and agrees that the Investor must bear the economic risk of its investment for an indefinite period of time because, among other reasons, the Shares have not been registered under the Act or under the securities laws of any state and, therefore, cannot be resold, pledged, assigned or otherwise disposed of unless they are subsequently registered under the Act and under applicable state securities laws or an exemption from such registration is available. Such Investor also understands that sales or transfers of the Shares are further restricted by the provisions of state securities laws.
No Liquidity. The Shareholder has adequate means of providing for such ------------ Shareholder's current financial needs and possible personal contingencies and has no need for liquidity in such Shareholder's investment in the Company.
No Liquidity. Such Investor has no immediate need for liquidity in connection with such Investor’s investment in the Series B Preferred Stock, does not anticipate that such Investor will be required to sell his, her or its shares of Series B Preferred Stock in the foreseeable future, and has the capacity to sustain a complete loss of his, her or its investment in the Series B Preferred Stock.
No Liquidity. Such Purchaser has no immediate need for liquidity in connection with its investment in such Purchaser’s Common Stock, does not anticipate being required to sell such Purchaser’s Common Stock in the foreseeable future and has the capacity to sustain a complete loss of its investment in such Purchaser’s Common Stock.
No Liquidity. Lender has no immediate need for liquidity in connection with its investment in the Secured Promissory Note and Borrower Equity Securities, does not anticipate being required to sell the Secured Promissory Note or Borrower Equity Securities in the foreseeable future and has the capacity to sustain a complete loss of its investment in the Secured Promissory Note and Borrower Equity Securities.
No Liquidity. Such Member is financially able to bear the economic risk of an investment in the Company and has no need for liquidity in this investment.
No Liquidity. Such Lender has no immediate need for liquidity in connection with its investment in the Notes and the Company Equity Securities and has the capacity to sustain a complete loss of its investment in the Notes and the Company Equity Securities.
No Liquidity. Ice has the financial ability to bear the economic risk of its investment in this Agreement, has adequate means for providing for its current needs and contingencies and has no need for liquidity with respect to any investment made pursuant to this Agreement. Ice has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of the prospective investment in this Agreement.
No Liquidity. Such Lender has no immediate need for liquidity in connection with its investment in such Lender’s Note and the Company Equity Securities, does not anticipate being required to sell such Lender’s Note or Company Equity Securities in the foreseeable future and has the capacity to sustain a complete loss of its investment in such Lender’s Note and the Company Equity Securities.
No Liquidity. The XX Xxxxxx acknowledges that the Exchange Shares delivered pursuant to the Exchange will not be registered under the Securities Act and may only be transferred if the shares are registered or if an applicable exemption exists for the transfer under securities Laws. The Stockholder understands and acknowledges that the offering of the Exchange Shares pursuant to this Agreement is made on the basis of an exemption from registration pursuant to Section 4(2) and/or Section 3(b) of the Securities Act and Regulation D thereunder and that Sentra's reliance upon such exemption is predicated upon such Stockholder's representations as set forth in this Agreement. The Stockholder acknowledges that due to this lack of registration as well as the provisions of the Lock-Up Agreement to which the XX Xxxxxx is bound, there may not be a market for the Exchange Shares. Accordingly, the XX Xxxxxx has the financial ability to bear the economic risk of the exchange, has adequate means for providing for its current needs and personal contingencies and has no need for liquidity with respect to the Exchange Shares.
