Common use of Purchase for Own Account, Etc Clause in Contracts

Purchase for Own Account, Etc. The Purchaser is purchasing the Common Stock offered hereby for the Purchaser’s own account for investment purposes only and not with a view towards the public sale or distribution thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or sales registered under the Securities Act. The Purchaser is capable of evaluating the merits and risks of its investment in the Company. The Purchaser understands that it must bear the economic risk of this investment indefinitely, unless the Common Stock purchased hereby is registered pursuant to the Securities Act and any applicable state securities or blue sky laws or an exemption from such registration is available, and that the Company has no present intention of registering the resale of any such Common Stock other than as contemplated by the Registration Rights Agreement. Notwithstanding anything in this Section 2.02(a) to the contrary, by making the representations herein, the Purchaser does not agree to hold any Common Stock purchased hereby for any minimum or other specific term and reserves the right to dispose of any such Common Sock at any time in accordance with or pursuant to a registration statement or an exemption from the registration requirements under the Securities Act.

Appears in 5 contracts

Samples: Restructuring Support Agreement (Crossroads Systems Inc), Securities Purchase Agreement (210 Capital, LLC), Securities Purchase Agreement

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Purchase for Own Account, Etc. The Purchaser Each of the Purchasers is purchasing the Common Stock Shares offered hereby for the Purchaser’s its own account for investment purposes only and not with a view towards the public sale or distribution thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or sales registered under the Securities Act. The Purchaser Each of the Purchasers is capable of evaluating the merits and risks of its investment in the Company. The Purchaser Each of the Purchasers understands that it must bear the economic risk of this investment indefinitely, unless the Common Stock Shares purchased hereby is are registered pursuant to the Securities Act and any applicable state securities or blue sky laws or an exemption from such registration is available, and that the Company has no present intention of registering the resale of any such Common Stock Shares other than as contemplated by the Registration Rights Agreement. Notwithstanding anything in this Section 2.02(a) to the contrary, by making the representations herein, each of the Purchaser Purchasers does not agree to hold any Common Stock Shares purchased hereby for any minimum or other specific term and reserves the right to dispose of any such Common Sock Shares at any time in accordance with or pursuant to a registration statement or an exemption from the registration requirements under the Securities Act.

Appears in 1 contract

Samples: Securities Purchase Agreement (ELAH Holdings, Inc.)

Purchase for Own Account, Etc. The Purchaser is purchasing the Common Stock offered hereby Securities for the Purchaser’s 's own account for investment purposes only and not with a present view towards the public sale or distribution thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or sales registered under the Securities Act. The Purchaser is capable of evaluating the merits and risks of its investment in the Company. The Purchaser understands that it the Purchaser must bear the economic risk of this investment indefinitely, unless the Common Stock purchased hereby is Securities are registered pursuant to the Securities Act and any applicable state securities or blue sky laws or an exemption from such registration is available, and that the Company has no present intention of registering the resale of any such Common Stock Securities other than as contemplated by the First Registration Rights AgreementAgreement and the Second Registration Rights Agreement (as defined below) (collectively, the "Registration Rights Agreements"). Notwithstanding anything in this Section 2.02(a2(a) to the contrary, by making the representations herein, the Purchaser does not agree to hold any Common Stock purchased hereby the Securities for any minimum or other specific term and reserves the right to dispose of any such Common Sock the Securities at any time in accordance with or pursuant to a registration statement or an exemption from the registration requirements under the Securities Act.

Appears in 1 contract

Samples: Securities Purchase Agreement (Waverider Communications Inc)

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Purchase for Own Account, Etc. The Purchaser is purchasing the Common Stock Securities offered hereby for the Purchaser’s own account for investment purposes only and not with a view towards the public sale or distribution thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or sales registered under the Securities Act. The Purchaser is capable of evaluating the merits and risks of its investment in the Company. The Purchaser understands that it must bear the economic risk of this investment indefinitely, unless the Common Stock Securities purchased hereby is are registered pursuant to the Securities Act and any applicable state securities or blue sky laws or an exemption from such registration is available, and that the Company has no present intention of registering the resale of any such Common Stock Securities other than as contemplated by the Registration Rights Agreement. Notwithstanding anything in this Section 2.02(a4.02(a) to the contrary, by making the representations herein, the Purchaser does not agree to hold any Common Stock Securities purchased hereby for any minimum or other specific term and reserves the right to dispose of any such Common Sock Securities at any time in accordance with or pursuant to a registration statement or an exemption from the registration requirements under the Securities Act.

Appears in 1 contract

Samples: Securities Purchase Agreement (210/P10 Acquisition Partners, LLC)

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