Transferred Shares. IDT Media is acquiring the Transferred Shares for investment purposes only for its own account and not for the account of any other person or entity. IDT Media is not acquiring the Transferred Shares with a view to resell, distribute, subdivide or otherwise transfer the Transferred Shares to any other person or entity other than in accordance with the Securities Act and applicable state securities laws.
Appears in 3 contracts
Samples: Stock Exchange Agreement (Idt Corp), Stock Exchange Agreement (Idt Corp), Stock Purchase Agreement (Idt Corp)