Common use of Purchaser Representation Clause in Contracts

Purchaser Representation. Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for the Purchaser’s own account for investment and not with a view to, or for sale in connection with, any distribution of such Securities or any part thereof, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other Persons regarding the distribution of such Securities. Such Purchaser is acquiring the Securities hereunder in the ordinary course of the Purchaser’s business. Such Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 2 contracts

Samples: Subscription Agreement (Lifesciences Opportunities Inc), Securities Purchase Agreement (Reit Americas, Inc.)

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Purchaser Representation. Such Purchaser understands that the Securities are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as an investment as principal for the Purchaser’s its own account for investment and not with a view to, to or for sale in connection with, any distribution of distributing or reselling such Securities or any part thereof, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other Persons regarding the distribution of such Securities. Such Purchaser is acquiring the Securities hereunder in the ordinary course of the Purchaser’s its business. Such Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Manas Petroleum Corp), Securities Purchase Agreement (Express Systems Corp)

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Purchaser Representation. Such Purchaser understands that the Securities are "restricted securities" and have not been registered under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for the Purchaser’s its own account for investment and not with a view to, to or for sale in connection with, any distribution of distributing or reselling such Securities or any part thereof, has no present intention of distributing any of such Securities and has no arrangement or understanding with any other Persons persons regarding the distribution of such Securities. Such Purchaser is acquiring the Securities hereunder in the ordinary course of the Purchaser’s its business. Such Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Appears in 1 contract

Samples: Securities Purchase Agreement (Knobias, Inc.)

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