Common use of Purchasing Intent Clause in Contracts

Purchasing Intent. Such Backstop Party is acquiring the Unsubscribed Shares for its own account, not as a nominee or agent, and not with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Backstop Party has no present intention of selling, granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.

Appears in 3 contracts

Samples: Noteholder Backstop Commitment Agreement (Legacy Reserves Inc.), Backstop Commitment Agreement (C&J Energy Services Ltd.), Backstop Commitment Agreement

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Purchasing Intent. Such Backstop Party is acquiring the Unsubscribed Shares Backstop Securities and Holdback Securities for its own account, not as a nominee or agent, and not with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Backstop Party has no present intention of selling, granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.

Appears in 2 contracts

Samples: Joinder Agreement (Valaris PLC), Joinder Agreement (Valaris PLC)

Purchasing Intent. Such Backstop Party is acquiring the Unsubscribed Shares, Put Option Premium Shares and Rights Offering Shares for its own accountaccount or accounts or funds over which it holds voting discretion, not otherwise as a nominee or agent, and not otherwise with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Backstop Party has no present intention of selling, granting any other participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.

Appears in 2 contracts

Samples: Backstop Commitment Agreement, Backstop Commitment Agreement (Chesapeake Energy Corp)

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Purchasing Intent. Such Backstop Party is acquiring the Unsubscribed Primary Shares and the Backstop Shares for its own account, not as a nominee or agent, and not with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Lawsthereof, and such Backstop Party has no present intention of selling, granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.

Appears in 1 contract

Samples: Backstop Commitment Agreement (Nii Holdings Inc)

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