Purchase for Investment; Investment Company. Purchaser is purchasing the Shares for investment for its own account and not with a view to, or for sale in connection with, any distribution thereof. Purchaser (either alone or together with its advisors) has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in the Shares and is capable of bearing the economic risks of such investment. Purchaser acknowledges that the Shares have not been registered under the Securities Act, or any state securities laws, and agrees that the Shares may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under the Securities Act, and without compliance with foreign securities laws, in each case, to the extent applicable. Purchaser is not an investment company subject to registration and regulation under the Investment Company Act.
Purchase for Investment; Investment Company. Purchaser is purchasing the Shares and Purchaser is, X`XXXX, (portion has been redacted due to commercially sensitive information) purchasing the Surplus Notes for investment for its or their own account and not with a view to, or for sale in connection with, any distribution thereof. Purchaser acknowledges that the Shares, and Purchaser acknowledges, XXXXX (redacted commercially sensitive information) that the Surplus Notes, have not been registered under the Securities Act, or any state securities Laws, and acknowledge, as applicable, that the Shares XXXXX (redacted commercially sensitive information) and the Surplus Notes XXXXX (redacted commercially sensitive information) may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under the Securities Act, and without compliance with foreign securities Laws, in each case, to the extent applicable. Neither Purchaser nor any of the XXXXX (redacted defined term) Companies is an investment company subject to registration and regulation under the Investment Company Act.
Purchase for Investment; Investment Company. Purchaser is purchasing the Equity Interests for investment for its own account and not with a view to, or for sale in connection with, any distribution thereof. Purchaser (either alone or together with its advisors) has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in the Shares and is capable of bearing the economic risks of such investment. Purchaser acknowledges that the Equity Interests have not been registered under the Securities Act, or any state securities laws, and agrees that the Equity Interests may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under the Securities Act, and without compliance with foreign securities laws, in each case, to the extent applicable. Purchaser is not an investment company subject to registration and regulation under the Investment Company Act.
