Common use of Own Account Clause in Contracts

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

Appears in 18 contracts

Samples: Master Transaction Agreement (Emergent Capital, Inc.), Master Transaction Agreement (Emergent Capital, Inc.), Master Transaction Agreement (Emergent Capital, Inc.)

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

Appears in 10 contracts

Samples: Securities Purchase Agreement (OptimizeRx Corp), Stock Purchase Agreement (Carpenter Chad M.), Securities Purchase Agreement (Active Power Inc)

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

Appears in 6 contracts

Samples: Securities Purchase Agreement (Wyncrest Capital, Inc.), Securities Purchase Agreement (New Asia Partners, LLC), Securities Purchase Agreement (DE Acquisition 3, Inc.)

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

Appears in 4 contracts

Samples: Securities Subscription Agreement (Gentium S.p.A.), Securities Purchase Agreement (Crdentia Corp), Securities Purchase Agreement (Syntax-Brillian Corp)

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

Appears in 3 contracts

Samples: Securities Subscription Agreement (Novogen LTD), Securities Subscription Agreement (Marshall Edwards Inc), Securities Subscription Agreement (Marshall Edwards Inc)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Simtek Corp)

Own Account. Such Purchaser Buyer understands that the Shares Securities are “restricted securities” and have not been registered under the Securities 1933 Act or any applicable state securities law and is acquiring the Shares Securities as principal for its own account and not with a view to or for distributing or reselling such Shares Securities or any part thereof in violation of the Securities 1933 Act or any applicable state securities law, has no present intention of distributing any of such Shares Securities in violation of the Securities 1933 Act or any applicable state securities law and has no arrangement or understanding with any other persons Persons regarding the distribution of such Shares Securities (this representation and warranty not limiting such PurchaserBuyer’s right to sell the Conversion Shares and Warrant Shares pursuant to the Registration Statement or otherwise in compliance with applicable federal and state securities laws) in violation of the Securities 1933 Act or any applicable state securities law. Such Purchaser Buyer is acquiring the Shares Securities hereunder in the ordinary course of its business. Such Purchaser Buyer does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the SharesSecurities.

Appears in 1 contract

Samples: Securities Purchase Agreement (Clinical Data Inc)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Cambridge Heart Inc)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Cambridge Heart Inc)

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

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Cambridge Heart Inc)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Theater Xtreme Entertainment Group, Inc)

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