Speculative Nature Clause Samples

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Speculative Nature. Purchaser acknowledges and confirms that: (i) Purchaser and Seller have conferred specifically concerning the contingent and uncertain nature of the Profits Interest; (ii) Seller and Purchaser understand and agree that the Profits Interest payable as a result of this Agreement is highly speculative in nature; (iii) both the payments and amount, if any, of the Profits Interest are dependent upon a number of contingencies which are not within Purchaser's control, including, but not limited to, investor interest in the market for shares of NHLT, the corporation's financial performance, and the general state of the stock market and of the U. S. economy; and (iv) the grant of the Profits Interest is for a business purpose.
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Speculative Nature. Purchaser recognizes the speculative nature of an investment in the Purchased Shares and the Note.
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Speculative Nature. ICALL Shareholders understand the speculative nature and risks associated with ALTREX and confirm that ALTREX Shares are suitable and consistent with his or her investment program and that his or her financial position enables him or her to bear the risks of this investment and that there may not be any public market for ALTREX Shares.
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Speculative Nature. FSC Shareholders understand the speculative nature and risks associated with SI and confirm that SI Common Shares are suitable and consistent with his or her investment program and that his or her financial position enables him or her to bear the risks of this investment and that there may not be any public market for SI's Common Stock.
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Speculative Nature. Buyer is aware of and understands the following: i. The Ownership Interests are a speculative investment which involve a substantial degree of risk of loss by Buyer of Buyer's entire investment in the Companies and that Buyer understands and takes full cognizance of the risk factors related to the purchase of the Ownership Interests; ii. There are substantial restrictions on the transferability of the Ownership Interests pursuant to the governing documents of the Companies, the Ownership Interests will not be, and owners, members, and shareholders of the Companies have no rights to require that the Ownership Interests be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or any State securities laws; there is no public market for the Ownership Interests and none is expected to develop; and, accordingly, it may not be possible for Buyer to liquidate Buyer's investment in any of the Companies; iii. Buyer understands that the Ownership Interests acquired under this Agreement are restricted securities within the meaning of Rule 144, promulgated under the Securities Act, and that any future sales of such Ownership Interests will be regulated by the Securities Act. Specifically, Buyer understands that because the securities have not been registered under the Securities Act, Buyer will continue to bear the economic risk of the investment for an indefinite period of time and cannot sell such Ownership Interests unless they are subsequently registered under the Securities Act or an exemption from such registration is available; iv. The Ownership Interests being purchased herein are being acquired for Buyer's own account for investment and not with a view to, or for resale in connection with, any distribution of such Ownership Interests; v. Buyer agrees to the placement of an appropriate legend reflecting the foregoing representations on any certificate(s) representing the Ownership Interests acquired, and further understands that the transfer of any of the Ownership Interests out of Buyer's name will be permitted only if the request for transfer is accompanied by evidence satisfactory to the Company(ies) that such transfer will not result in a violation of any applicable Federal or State law, rule or regulation; vi. Buyer is financially responsible, able to meet the obligations hereunder and acknowledges that this investment will be long-term and is by its nature speculative; vii. Buyer is capable of bearing the high degree of econ...
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Related to Speculative Nature

  • Speculative Nature of Investment The Investor understands and acknowledges that its investment in the Company is highly speculative and involves substantial risks. The Investor can bear the economic risk of its investment and is able, without impairing its financial condition, to hold the Securities for an indefinite period of time and to suffer a complete loss of its investment.

  • Speculative Transactions Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or any similar speculative transactions.

  • Speculative Investment the Subscriber understands that an investment in the Shares is a speculative investment and that there is no guarantee of success of the Company's management's plans. Management's plans are an effort to apply present knowledge and experience to project a future course of action which is hoped will result in financial success employing the Company's assets and with the present level of management's skills and of those whom the Company will need to attract (which cannot be assured). Additionally, all plans are capable of being frustrated by new or unrecognized or unappreciated present or future circumstances which can typically not be accurately, or at all, predicted;

  • No Speculative Transactions No Credit Party shall engage in any transaction involving commodity options, futures contracts or similar transactions, except solely to hedge against fluctuations in the prices of commodities owned or purchased by it and the values of foreign currencies receivable or payable by it and interest swaps, caps or collars.

  • NON-EXCLUSIVITY; TRADING FOR ADVISOR’S OWN ACCOUNT The Trust’s employment of the Advisor is not an exclusive arrangement. The Trust may from time to time employ other individuals or entities to furnish it with the services provided for herein. Likewise, the Advisor may act as investment adviser for any other person, and shall not in any way be limited or restricted from buying, selling or trading any securities for its or their own accounts or the accounts of others for whom it or they may be acting; provided, however, that the Advisor expressly represents that it will undertake no activities which will adversely affect the performance of its obligations to the Fund under this Agreement; and provided further that the Advisor will adhere to a code of ethics governing employee trading and trading for proprietary accounts that conforms to the requirements of the Investment Company Act and the Advisers Act and has been approved by the Board of Trustees.