Common use of Own Account Clause in Contracts

Own Account. The Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with the Securities Act, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other persons regarding the distribution of such Securities (this representation and warranty not limiting the Purchaser’s right to sell the Securities pursuant to a Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except in compliance with the Securities Act. The Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 8 contracts

Samples: Securities Purchase Agreement (OptimizeRx Corp), Securities Purchase Agreement (OptimizeRx Corp), Securities Purchase Agreement (MDwerks, Inc.)

AutoNDA by SimpleDocs

Own Account. The Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with violation of the Securities ActAct or any applicable state securities law, has no present intention of distributing any of such Securities in violation of the Securities Act or any applicable state securities law and has no direct or indirect arrangement or understanding understandings with any other persons to distribute or regarding the distribution of such Securities (this representation and warranty not limiting the Purchaser’s right to sell the Securities pursuant to a Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except ) in compliance with violation of the Securities ActAct or any applicable state securities law. The Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The business if the Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securitiesis an entity.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Cyberdefender Corp), Securities Purchase Agreement (Asure Software Inc), Securities Purchase Agreement (Asure Software Inc)

Own Account. The Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with the Securities Act, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other persons regarding the distribution of such Securities (this representation and warranty not limiting the Purchaser’s right to sell the Securities pursuant to a Registration Statement (defined below) registration statement or otherwise in compliance with applicable federal and state securities laws), except in compliance with the Securities Act. The Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Net TALK.COM, Inc.), Securities Purchase Agreement (Net TALK.COM, Inc.), Securities Purchase Agreement (Global Diversified Industries Inc)

Own Account. The Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with violation of the Securities ActAct or any applicable state securities law, has no present intention of distributing any of such Securities in violation of the Securities Act or any applicable state securities law and has no arrangement or understanding with any other persons regarding the distribution of such Securities (this representation and warranty not limiting the such Purchaser’s right to sell the Securities pursuant to a Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except ) in compliance with violation of the Securities ActAct or any applicable state securities law. The Such Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Such Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Cinedigm Corp.), Securities Purchase Agreement (Chez Ronald L), Securities Purchase Agreement (Access Integrated Technologies, Inc. D/B/a Cinedigm Digital Cinema Corp.)

Own Account. The Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state or other securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with violation of the Securities ActAct or any applicable state or other securities law, has no present intention of distributing any of such Securities in violation of the Securities Act or any applicable state or other securities law, and has no direct or indirect arrangement or understanding understandings with any other persons to distribute or regarding the distribution of such Securities (this representation and warranty not limiting the such Purchaser’s right to sell the Securities pursuant to a the Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except ) in compliance with violation of the Securities ActAct or any applicable state or other securities law. The Such Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Pressure Biosciences Inc), Securities Purchase Agreement (Pressure Biosciences Inc)

Own Account. The Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state or other securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with violation of the Securities ActAct or any applicable state or other securities law, has no present intention of distributing any of such Securities in violation of the Securities Act or any applicable state or other securities law and has no direct or indirect arrangement or understanding understandings with any other persons to distribute or regarding the distribution of such Securities (this representation and warranty not limiting the such Purchaser’s right to sell the Securities pursuant to a the Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except ) in compliance with violation of the Securities ActAct or any applicable state or other securities law. The Such Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Nile Therapeutics, Inc.), Securities Purchase Agreement (Domain Partners v Lp)

Own Account. The Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with the Securities Actthereof, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other persons regarding the distribution of such Securities; provided, however, that by making the representations herein, such Purchaser does not agree to hold any of the Securities (this representation for any minimum or other specific term and warranty not limiting reserves the Purchaser’s right to sell dispose of the Securities at any time in accordance with or pursuant to a Registration Statement (defined below) registration statement or otherwise in compliance with applicable federal and state securities laws), except in compliance with an exemption under the Securities Act. The Such Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Such Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Implant Sciences Corp), Securities Purchase Agreement (Implant Sciences Corp)

AutoNDA by SimpleDocs

Own Account. The Such Purchaser understands that the Securities Debentures are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities Debentures as principal for its own account and not with a view to or for distributing or reselling such Securities Debentures or any part thereof except in compliance with violation of the Securities ActAct or any applicable state securities law, has no present intention of distributing any of such Debentures in violation of the Securities Act or any applicable state securities law and has no arrangement or understanding with any other persons regarding the distribution of such Securities Debentures (this representation and warranty not limiting the such Purchaser’s right to sell the Securities pursuant to a Registration Statement (defined below) or otherwise Debentures in compliance with applicable federal and state securities laws), except ) in compliance with violation of the Securities ActAct or any applicable state securities law. The Such Purchaser is acquiring the Securities Debentures hereunder in the ordinary course of its business. The Such Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the SecuritiesDebentures.

Appears in 1 contract

Samples: Securities Purchase Agreement (DSL Net Inc)

Own Account. The Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with violation of the Securities ActAct or any applicable state securities law, has no present intention of distributing any of such Securities in violation of the Securities Act or any applicable state securities law and has no arrangement or understanding with any other persons regarding the distribution of such Securities (this representation and warranty not limiting the Purchaser’s right to sell the Securities pursuant to a Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except ) in compliance with violation of the Securities ActAct or any applicable state securities law. The Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Brillian Corp)

Own Account. The Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with the Securities Act, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other persons regarding the distribution of such Securities (this representation and warranty not limiting the Purchaser’s right to sell the Securities pursuant to a Registration Statement (as defined below) or otherwise in compliance with applicable federal and state securities laws), except in compliance with the Securities Act. The Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities. The Purchaser acknowledges that the Securities will be issued pursuant to applicable exemptions from registration under the Securities Act and any applicable state securities laws.

Appears in 1 contract

Samples: Securities Purchase Agreement (OptimizeRx Corp)

Own Account. The Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law except as required by the Transaction Documents and is acquiring the Securities as principal for its own account and not with a view to or for distributing or reselling such Securities or any part thereof except in compliance with violation of the Securities ActAct or any applicable state securities law, has no present intention of distributing any of such Securities in violation of the Securities Act or any applicable state securities law and has no direct or indirect arrangement or understanding understandings with any other persons to distribute or regarding the distribution of such Securities in violation of the Securities Act or any applicable state securities law (this representation and warranty not limiting the such Purchaser’s right to sell the Securities pursuant to a the Registration Statement (defined below) or otherwise in compliance with applicable federal and state securities laws), except in compliance with the Securities Act. The Such Purchaser is acquiring the Securities hereunder in the ordinary course of its business. The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 1 contract

Samples: Securities Purchase Agreement (Exela Technologies, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!