Common use of Purchase Representation Clause in Contracts

Purchase Representation. The Purchaser is purchasing the Shares for its own account and not with a view to distribution in violation of any securities laws. The Purchaser has been advised and understands the New Shares have not been registered under the Securities Act or under the “blue sky” laws of any jurisdiction and may be resold only if registered pursuant to the provisions of the Securities Act (or if eligible, pursuant to the provisions of Rule 144 promulgated under the Securities Act or pursuant to another available exemption from the registration requirements of the Securities Act). The Purchaser has been advised and understands that the Company, in issuing the Shares, is relying upon, among other things, the representations and warranties of the Purchaser contained in this Article IV in concluding that such issuance is a “private offering” and is exempt from the registration provisions of the Securities Act.

Purchase Representation. The Such Purchaser is purchasing the Shares Securities for its own account and not with a view to distribution in violation of any securities laws. The Such Purchaser has been advised and understands that the New Shares Securities have not been registered under the Securities Act or under the “blue sky” laws of any jurisdiction and may be resold only if registered pursuant to the provisions of the Securities Act (or if eligible, pursuant to the provisions of Rule 144 promulgated under the Securities Act or pursuant to another available exemption from the registration requirements of the Securities Act). The Such Purchaser has been advised and understands that the Company, in Breitburn Parties issuing the Shares, is Securities are relying upon, among other things, the representations and warranties of the each Purchaser contained in this Article IV Section in concluding that such issuance is a “private offering” and is exempt from the registration provisions of the Securities Act.

Purchase Representation. The Such Purchaser is purchasing the Shares Purchased Units for its own account and not with a view to distribution in violation of any securities laws. The Such Purchaser has been advised and understands that neither the New Shares Purchased Units nor the Conversion Units have not been registered under the Securities Act or under the “blue sky” laws of any jurisdiction and may be resold only if registered pursuant to the provisions of the Securities Act (or if eligible, pursuant to the provisions of Rule 144 promulgated under the Securities Act or pursuant to another available exemption from the registration requirements of the Securities Act). The Such Purchaser has been advised and understands that the CompanyRegency, in issuing the SharesPurchased Units, is relying upon, among other things, the representations and warranties of the such Purchaser contained in this Article IV in concluding that such issuance is a “private offering” and is exempt from the registration provisions of the Securities Act.