No Securities Acts Violation. The Purchaser acknowledges that the Shares to be delivered to the Purchaser have not been registered under the Acts. On the Closing Date, the Purchaser will acquire the Shares for its own account for investment, with no intention of reselling or otherwise disposing of all or any portion of the Shares in a manner which would constitute a violation of the Acts.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Employers Holdings, Inc.), Stock Purchase Agreement (Employers Holdings, Inc.)
No Securities Acts Violation. The Purchaser acknowledges that the Shares to be delivered to the Purchaser have not been registered under the Securities Act of 1933 or any state securities law (the βActsβ). On the Closing Date, the Purchaser will acquire the Shares for its own account for investment, with no present intention of reselling or otherwise disposing of all or any portion of the Shares in a manner which would constitute a violation of the Acts, subject nevertheless to the requirement of applicable law that the disposition of its assets be at all times within its control.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Specialty Underwriters Alliance, Inc.), Stock Purchase Agreement (Specialty Underwriters Alliance, Inc.)
