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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.