Common use of Purchaser Representation Clause in Contracts

Purchaser Representation. The 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 its 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 (this representation and warranty does not limit the Purchaser’s right to sell the Securities in compliance with applicable federal and state securities laws). The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

Purchaser Representation. The 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 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 (this representation and warranty does not limit the limiting such Purchaser’s 's right to sell the Securities pursuant to the Registration Statement or otherwise in compliance with applicable federal and state securities laws). The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.securities