Common use of Purchasers’ Representations and Acknowledgement Clause in Contracts

Purchasers’ Representations and Acknowledgement. (a) Each Purchaser represents, severally and not jointly, that it is acquiring the Securities to be acquired by it for its own account, for investment purposes only and not with a view to any distribution thereof within the meaning of the Securities Act. Each Purchaser further represents, agrees and acknowledges, severally and not jointly, that it:

Purchasers’ Representations and Acknowledgement. (ad) Each Purchaser represents, severally and not jointly, that it is acquiring the Securities to be acquired by it for its own account, for investment purposes only and not with a view to any distribution thereof within the meaning of the Securities Act. Each Purchaser further represents, agrees and acknowledges, severally and not jointly, that it: