Common use of Purchase as Investment Clause in Contracts

Purchase as Investment. Buyer is purchasing the Purchased Shares for its own account as an investment without the present intent to sell, transfer or otherwise distribute the Purchased Shares to any other Person. Buyer, together with its directors, executive officers and advisors, is familiar with investments of the nature of the Purchased Shares, understands that this investment involves certain risks, has adequately investigated the Company, and has substantial knowledge and experience in financial and business matters such that it is capable of evaluating, and has evaluated, the merits and risks inherent in purchasing the Purchased Shares, and is able to bear the economic risks of such investment.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Imperial Sugar Co /New/)

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Purchase as Investment. Buyer is purchasing the Purchased Shares for its own account as an investment without the present intent to sell, transfer or otherwise distribute the Purchased Shares to any other PersonPerson other than Affiliate(s) of Buyer. Buyer, together with its directors, executive officers and advisors, is familiar with investments of the nature of the Purchased Shares, understands that this investment involves certain risks, has adequately investigated the CompanyCompany and the Transferred Subsidiaries, and has substantial knowledge and experience in financial and business matters such that it is capable of evaluating, and has evaluated, the merits and risks inherent in purchasing the Purchased Shares, and is able to bear the economic risks of such investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Valero Energy Corp/Tx)

Purchase as Investment. Buyer is purchasing the Purchased Shares for its own account as an investment without the present intent to sell, transfer or otherwise distribute the Purchased Shares to any other PersonPerson other than an Affiliate of Buyer. Buyer, together with its directors, executive officers and advisors, is familiar with investments of the nature of the Purchased Shares, understands that this investment involves certain risks, and believes that it has adequately investigated the Company, and has substantial knowledge and experience in financial and business matters such that it is capable of evaluating, and has evaluated, the merits and risks inherent in purchasing the Purchased Shares, and is able to bear the economic risks of such investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Alon USA Energy, Inc.)

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Purchase as Investment. Buyer is purchasing the Purchased Shares for its own account as an investment without the present intent to sell, transfer or otherwise distribute the Purchased Shares to any other PersonPerson other than Affiliate(s) of Buyer. Buyer, together with its directors, executive officers and advisors, is familiar with investments of the nature of the Purchased Shares, understands that this investment involves certain risks, has adequately investigated the CompanyCompany and the Transferred Subsidiary, and has substantial knowledge and experience in financial and business matters such that it is capable of evaluating, and has evaluated, the merits and risks inherent in purchasing the Purchased Shares, and is able to bear the economic risks of such investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Valero Energy Corp/Tx)

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