Representations Regarding Securities Sample Clauses
The 'Representations Regarding Securities' clause requires a party to affirm certain facts or conditions about the securities involved in a transaction. Typically, this includes confirming that the securities are validly issued, fully paid, and non-assessable, and that the party has the authority to transfer or deal with them. By establishing these assurances, the clause helps prevent disputes over the legitimacy or status of the securities, thereby ensuring both parties have confidence in the transaction and reducing the risk of future legal challenges.
Representations Regarding Securities. 6 2.8.1 Outstanding Securities......................................... 6 2.8.2 Securities Sold Hereunder...................................... 7 2.9
Representations Regarding Securities. The Shares and the Options to be received by Seller and the Common Stock issuable upon exercise of the Options (the "Securities") will be acquired for investment for Seller's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and that Seller has no present intention of selling, granting any participation in, or otherwise distributing the same. By executing this Agreement, Seller further represents that Seller does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participation to such person or to any third person, with respect to any of the Securities.
Representations Regarding Securities. Seller acknowledges that Buyer shall pay part of the Purchase Price in shares of stock in Buyer (the "Buyer Shares") and makes the following representations, acknowledgements and agreements regarding the same.
Representations Regarding Securities