No Market for the Shares. The Shares are “not restricted” under Rule 144 of the Securities Act and are freely tradeable as a matter of law unless Subscriber is an “affiliate” of the Company, which is generally defined as a Company Director, officer, or a holder of more than 10% equity of the Company (see Rule 144(a)(1)). Even though these Shares may be freely tradeable, Subscriber acknowledges and agrees that there is no ready public market for the Shares and that there is no guarantee that a market for their resale will ever exist. Subscriber must bear the economic risk of this investment indefinitely. Subscriber also understands that an investment in the Company involves significant risks and has taken full cognizance of and understands all of the risk factors relating to the purchase of Shares.
No Market for the Shares. COH is accepting the Shares and Warrants for its own account for investment and not with a view to, or for sale in connection with, any subsequent distribution thereof, nor with any present intention of selling or otherwise disposing of all or any part of the Shares and Warrants. COH understands that there is currently no market for any securities of the Company, including any shares of the Company’s Common Stock, and there may not be any market for the Common Stock or any other securities of the Company in the future. COH agrees that it may have to hold the Shares, Warrants and securities underlying the Warrants, including any shares of Common Stock and other securities underlying the Warrants, for an indefinite period of time because neither the Company’s Common Stock nor any of the Company’s other securities have been registered under the Securities Act and may never be registered and cannot be resold, pledged, assigned, or otherwise disposed of unless the securities are subsequently registered under the Securities Act and under applicable securities laws of certain states or an exemption from such registration is available. COH understands that, except as provided in Section 3(F) below, the Company is under no obligation to register any of the Shares or Warrants (or securities underlying the Warrants), or to assist COH in complying with any exemption from such registration under the Securities Act or any state securities laws.
No Market for the Shares. Investor understands that there is no market for any of the Shares nor is there any assurance that one will develop in the near future, and that the Shares have limited transferability.
No Market for the Shares. CFI understands that there is no market for any of the Shares, the Warrant and the Warrant Shares, nor is there any assurance that one will develop in the near future, and that the Shares, the Warrant and the Warrant Shares have limited transferability.
No Market for the Shares. Goldman understands that there is no market for any of the Shares nor is there any assurance that one will develop in the near future, and that the Shares have limited transferability.
No Market for the Shares. The Investor is purchasing the Common Stock for his, her, or its own account for investment and not with a view to, or for sale in connection with, any subsequent distribution thereof, nor with any present intention of selling or otherwise disposing of all or any part of such securities. The Investor understands that there is currently no market for any shares of the Company’s Common Stock and there may not be any market for the Common Stock in the future. The Investor agrees that (i) the purchase of the Common Stock is a long-term investment and (ii) the Investor may have to bear the economic risk of investment for an indefinite period of time because the Company’s Common Stock have not been registered under the Securities Act and may never be registered and cannot be resold, pledged, assigned, or otherwise disposed of unless the securities are subsequently registered under the Securities Act and under applicable securities laws of certain states or an exemption from such registration is available. The Investor understands that, except as provided in Section 8(I) below, the Company is under no obligation to register any of the Shares, or to assist the Investor in complying with any exemption from such registration under the Securities Act or any state securities laws.
No Market for the Shares. The common shares of the Company are not currently listed or quoted on any established market and as such are not liquid and no assurance can be given that the shares will ever be listed or quoted, and even if they are, no guarantee can be given that a useful market for the shares will develop.
No Market for the Shares. There is no market for the Shares, it is unknown whether a market will ever develop, and, accordingly, the Warrant and any Shares acquired upon exercise of the Warrant may have to be held for an indefinite period of time.
