Purpose of Investment. It is acquiring and holding its Units solely for investment purposes, for its own account and not for the account or benefit of any other Person and not with a view towards the distribution or dissemination thereof, did not decide to enter into this Agreement as a result of any general solicitation or general advertising within the meaning of Rule 502 of Regulation D under the Securities Act, and acknowledges and understands that no United States federal or state agency has passed upon or made any recommendation or endorsement of the offering of any Units.
Purpose of Investment. The Company recognizes that the --------------------- Buyer's investment in the Company is being made in order to provide financing for the Company's ongoing operations and especially for the development and introduction of new products, including the marketing of such products.
Purpose of Investment. Except as indicated below, any purchase of the Securities will be solely for the account of the undersigned, and not for the account of any other person or with a view to any resale, division or distribution thereof. EXCEPTIONS (If exceptions provide details and attach additional pages if necessary)
Purpose of Investment. The Company Shareholder is acquiring the Acquiror Company Shares for its own account, for investment and not with a view to the distribution or resale of any part thereof to others. The Company Shareholder acknowledges the Acquiror Company Shares cannot be sold or otherwise transferred unless either (a) the transfer of such securities is registered under the Securities Act or (b) an exemption from registration of such securities is available and the Acquiror Company Shares will contain a legend to that effect. The Company Shareholder understands and acknowledges that the Acquiror Company is under no obligation to register the Acquiror Company Shares for sale under the Securities Act.
Purpose of Investment. The Company’s purpose in borrowing the above-referenced funds was to raise funds for the general use of the Company’s business, including payment of accrued and ongoing expenses of the Company.
Purpose of Investment. Such Member is acquiring and holding such Member’s Units solely for investment purposes, for such Member’s own account and not for the account or benefit of any other Person and not with a view towards the distribution or dissemination thereof in violation of applicable security laws, did not decide to enter into this LLC Agreement as a result of any general solicitation or general advertising within the meaning of Rule 502 of Regulation D under the Securities Act, and acknowledges and understands that no United States federal or state agency has passed upon or made any recommendation or endorsement of the offering of any Units;
Purpose of Investment. Except as permitted pursuant to Section 10.10(b), the Investor is acquiring the Series A Preferred Stock under this Agreement for its own accounts solely for the purpose of investment and not with a view to, or for sale in connection with, any distribution thereof in violation of the Securities Act. The Investor acknowledges that the Series A Preferred Stock, the Conversion Shares, the Notes, the Warrants and the Warrant Shares have not been registered under the Securities Act and may be sold or disposed of in the absence of such registration only pursuant to an exemption from the registration requirements of the Securities Act.
Purpose of Investment. The Company represents and warrants that this Debenture evidences an investment made in the Company made for the purpose of restoring SEC reporting status, including the preparation and audit of 2005 year-end financial statements and stockholder solicitation to revise and restate articles of incorporation; repayment on a negotiated basis of trade creditors, including professional fees of registered independent accounting firm and counsel; retain mining operations general manager; conduct preliminary site assessment of mining and mill assets; and for general working capital needs.
Purpose of Investment. Newry is acquiring the Acquiror Company Shares for its own account, for investment and not for distribution or resale to others. Newry acknowledges the Acquiror Company Shares cannot be soled or otherwise transferred unless either (a) the transfer of such securities is registered under the Securities Act or (b) an exemption from registration of such securities is available and the Acquiror Company Shares will contain a legend to that effect. Newry understands and acknowledges that the Acquiror Company is under no obligation to register the Acquiror Company Shares for sale under the Securities Act.
Purpose of Investment. The Acquiror Company is acquiring the Securities to be acquired hereunder for its own account, for investment and not for distribution or resale to others. The Acquiror Company acknowledges the Securities cannot be sold or otherwise transferred unless either (a) the transfer of such securities is registered under the Securities Act or (b) an exemption from registration of such securities is available and the Securities will contain a legend to that effect. The Acquiror Company understands and acknowledges that the Company is under no obligation to register the Securities for sale under the Securities Act.
