Common use of No Need for Liquidity Clause in Contracts

No Need for Liquidity. The Investor’s aggregate holding of securities that are “restricted securities” or otherwise not readily marketable is not excessive in view of the Investor’s net worth and financial circumstances and the purchase of the Shares and the Warrant will not cause such commitment to become excessive.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Protocall Technologies Inc), Securities Purchase Agreement (Protocall Technologies Inc)

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No Need for Liquidity. The Investor’s 's aggregate holding of securities that are "restricted securities" or otherwise not readily marketable is not excessive in view of the Investor’s 's net worth and financial circumstances and the purchase of the Shares and the Warrant Warrants will not cause such commitment to become excessive.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Adventrx Pharmaceuticals Inc)

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No Need for Liquidity. The Investor’s aggregate holding of securities that are “restricted securities” or otherwise not readily marketable is not excessive in view of the Investor’s net worth and financial circumstances and the purchase of the Shares and the Warrant will not cause such commitment to become excessive.

Appears in 1 contract

Samples: Stock Subscription Agreement (Adventrx Pharmaceuticals Inc)

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