Acquired Equity Interests definition
Examples of Acquired Equity Interests in a sentence
Each Buyer Party has reviewed and has had access to all documents, records, and information, as well as facilities of the Business and key employees of the Seller, which it desired to review in connection with its decision to enter into the Transaction Agreements to which such Buyer Party is a party, and to purchase the Acquired Equity Interests and to consummate the transactions contemplated thereby, as applicable.
The Buyer is able to bear the economic risk of the acquisition of the Acquired Equity Interests pursuant to the terms of this Agreement, including a complete loss of the Buyer’s investment in the Acquired Equity Interests, for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of its acquisition of the Acquired Equity Interests.
Such termination shall be at no cost or expense to the Buyer, the Business, the Acquired Equity Interests, the Subject Entities or the Business Assets.
The Buyer understands that the resale of the Acquired Equity Interests may be restricted indefinitely, unless a subsequent disposition thereof is registered under the Securities Act and registered under any state securities Law or are exempt from such registration.
For purposes of state “blue sky” Laws, the Buyer represents and warrants that the principal executive offices of the Buyer are located in the State of Texas and that the decision by the Buyer Parties to acquire the Acquired Equity Interests shall be deemed to occur solely in the State of Texas.