Examples of BVI I in a sentence
BVI I understands that BVI I (and not the Company) shall be responsible for BVI I’s own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.
Recognition of interest cost and expected return on assets has increased Net Operating Expenditure by £2,163,000.
In determining whether to make this investment, BVI I has relied solely on BVI I’s own knowledge and understanding of the Company and its business based upon BVI I’s own due diligence investigation and the information furnished pursuant to this paragraph.
BVI I understands the Consideration Shares are being issued pursuant to an exemption from registration contained in the Securities Act based in part upon BVI I’s representations contained in this Agreement, including, without limitation, that BVI I is an “accredited investor” within the meaning of Regulation D under the Securities Act.
BVI I confirms it has received or has had full access to all of the Company’s publicly available documents, which are available on the SEC’s website at xxx.xxx.xxx, and the information it considers necessary or appropriate to make an informed investment decision with respect to the Consideration Shares under this Agreement.
Upon the terms and subject to the conditions set forth herein, Equity Transfer Agreements and in accordance with applicable law, as the part of consideration of Acquisitions contemplated under Equity Transfer Agreements, the Company hereby agrees to allocate to BVI I, and BVI I agrees to accept, 6,300,000 shares of common stock, par value $0.0001 of the Company (the “Common Stock”) and 2,000,000 shares of series A preferred stock, par value $0.0001 of the Company (the “Series A Preferred Stock”).
BVI I understands that no person has been authorized to give any information or to make any representations which were not furnished pursuant to this paragraph and BVI I has not relied on any other representations or information in making its investment decision, whether written or oral, relating to the Company, its operations and/or its prospects.
BVI I relies solely on such advisors and not on any statements or representations of the Company, the Company or any of its agents.
BVI I is able to bear the economic risks of an investment in the Consideration Shares and to afford a complete loss of BVI I’s investment in the Consideration Shares.
All corporate and other proceedings in connection with the transactions contemplated by this Agreement and all documents and instruments incident to such transactions shall be presented and delivered to the BVI I, shall be satisfactory in substance and form to the BVI I or his counsel, and the BVI I or his counsel shall have received all such counterpart originals (or certified or other copies) of such documents as they may reasonably request.