Common use of Purchase for Own Account for Investment Clause in Contracts

Purchase for Own Account for Investment. Purchaser is purchasing the Shares for Purchaser’s own account, for investment purposes only and not with a view to, or for sale in connection with, a distribution of the Shares within the meaning of the Securities Act of 1933, as amended (the “1933 Act”). Purchaser was not formed for the specific purpose of acquiring the Shares.

Appears in 2 contracts

Samples: Stock Transfer Agreement, Stock Transfer Agreement (Avenue Capital Management II, L.P.)

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Purchase for Own Account for Investment. Purchaser is purchasing the Shares for Purchaser’s own account, for investment purposes only and not with a view to, or for sale in connection with, a distribution of the Shares within the meaning of the Securities Act of 1933, as amended (the “1933 Act”). Purchaser was has no present intention of selling or otherwise disposing of all or any portion of the Shares. If other than an individual, Purchaser represents that it has not formed been organized for the specific purpose of acquiring the Shares.

Appears in 2 contracts

Samples: Stock Transfer Agreement (Zynerba Pharmeceuticals, Inc.), Stock Transfer Agreement (Zynerba Pharmeceuticals, Inc.)

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Purchase for Own Account for Investment. The Purchaser is purchasing acquiring the Purchased Shares as principal for Purchaser’s his own account, account for investment purposes only and not with a view to, to distributing or for sale in connection with, a distribution of the reselling such Purchased Shares or any part thereof as an underwriter within the meaning of the Securities Act of 1933, as amended (the “1933 Act”). Purchaser was not formed for has no present intention of selling or otherwise disposing of all or any portion of the specific purpose of acquiring the Purchased Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aquila Tony)

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