Common use of You represent Clause in Contracts

You represent. (1) The Shares to be received by you hereunder will be acquired for your own account, not as nominee or agent, for investment purposes and not with a view to, or for offer or sale in connection with directly or indirectly, any distribution in violation of the Securities Act of 1933, as amended, or any other applicable securities law ("Securities Act"). (2) You are not a registered broker dealer or engaged in the business of being a broker dealer. (3) You acknowledge (i) that you can bear the economic risk and complete loss of your investment in the Shares and have such knowledge and experience in financial or business matters that you are capable of evaluating the merits and risks of the investment contemplated hereby, and (ii) that there may be material adverse nonpublic information regarding the ADS that could affect the value of the Shares. (4) You are an accredited investor as defined in Rule 501(a) of Regulation D, as amended, under the Securities Act.

You represent. (1) The Shares to be received by you hereunder will be acquired for your own account, not as nominee or agent, for investment purposes and not with a view to, or for offer or sale in connection with directly or indirectly, any distribution in violation of the Securities Act of 1933, as amended, or any other applicable securities law ("“Securities Act"”). (2) You are not a registered broker dealer or engaged in the business of being a broker dealer. (3) You acknowledge (i) that you can bear the economic risk and complete loss of your investment in the Shares and have such knowledge and experience in financial or business matters that you are capable of evaluating the merits and risks of the investment contemplated hereby, and (ii) that there may be material adverse nonpublic information regarding the ADS that could affect the value of the Shares. (4) You are an accredited investor as defined in Rule 501(a) of Regulation D, as amended, under the Securities Act.