Investment Intent definition

Investment Intent. Each Jollay: (a) is an "accredited investor," as that term is def▇▇▇▇ ▇n Regulation D promulgated under the Securities Act; (b) by reason of his business and financial experience, has such knowledge, sophistication, and experience in business and financial matters so as to be able to evaluate the merits and risks of his investment in the CorrChoice Shares to be issued to him; (c) to his satisfaction, has been provided the opportunity to ask questions, receive answers, and obtain information from Greif concerning MPC and its business, has had all such questions answered, and has been supplied all additional information deemed necessary by him to verify the accuracy of all information provided; (d) is acquiring the CorrChoice Shares to be issued to him for his own account for investment purposes only and without any view towards resale or other distribution; (e) except for the representations of Greif set forth in Article IV of this Agreement, no representations have been made to him by or on behalf of Greif or MPC in connection with the transactions contemplated by this Agreement; (f) has determined that he can bear the economic risks of his investment in the CorrChoice Shares to be issued to him for an indefinite period of time; (g) understands that the issuance of the CorrChoice Shares as a result of this Agreement is intended to be exempt from registration under the Securities Act and applicable state law and that the CorrChoice Shares are not and will not be registered under the Securities Act or any state securities laws, and that there will be no public market for the CorrChoice Shares; (h) agrees that any certificates evidencing the CorrChoice Shares shall contain a legend to the effect that such shares have not been registered under the Securities Act or any state securities laws and may not be sold without registration as required by the Securities Act and applicable state securities laws or exemptions therefrom, and in the case of such an exemption, requiring delivery to CorrChoice of a legal opinion of or satisfactory to CorrChoice's legal counsel that such exemption is applicable; (i) agrees that CorrChoice can issue stop transfer instructions to its transfer agent prohibiting transfer of the CorrChoice Shares to be issued to him except in compliance with the provisions of the Securities Act, applicable state securities laws, this Agreement, and the Greif/Jollays Buy-Sell Agreement; and (j) understands that the CorrChoice Shares to be issued to ...
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Examples of Investment Intent in a sentence

  • I certify that I am empowered and duly authorized by the Entity to execute and carry out the terms of the Subscription Agreement and Letter of Investment Intent and to purchase and hold the Securities, and certify that the Subscription Agreement and Letter of Investment Intent has been duly and validly executed on behalf of the Entity and constitutes a legal and binding obligation of the Entity.

  • The Shareholders agree to and shall execute a Letter of Investment Intent relating to their ownership of the Closing Shares in the form of the letter attached hereto as Exhibit 1.05, and agree to remain subject to the representations, warranties and covenants made therein after the Closing Date.

  • I certify that I am empowered and duly authorized by the Entity to execute and carry out the terms of the Subscription Agreement and Letter of Investment Intent and to purchase and hold the Shares, and certify that the Subscription Agreement and Letter of Investment Intent has been duly and validly executed on behalf of the Entity and constitutes a legal and binding obligation of the Entity.

  • The Closing Shares, when issued in compliance with the provisions of the Agreement, will be validly issued, fully paid, non-assessable, not issued in violation of any preemptive rights, and will be free from all taxes, liens, charges and other encumbrances, subject to the terms and provisions of the Letter of Investment Intent.

  • The Stock shall remain subject to the Addendum to Subscription Agreement and Investment Intent Letter for Common Stock of International Long Distance Corporation, effective as of January 15, 2000, by and between the Corporation and the Shareholder ("Addendum to Subscription Agreement") and the restrictions and obligations applicable to the Stock under the Addendum to Subscription Agreement shall be fully applicable to the Trust Certificates.

  • At the Closing, each of CANNAVOLVE’s HOLDERS will sign an investment letter, by which each Investor will represent the following: Investment Intent.

  • In connection with the reliance upon exemptions from the registration and prospectus delivery requirements for such transactions, at the Closing, Shareholders shall cause to be delivered to Natures a Letter(s) of Investment Intent in the form attached hereto as Exhibit B and incorporated herein by reference.

  • Overman, as trustee (the "Voting Trustee") and , the holder of shares of the common capital stock of the Corporation, imposing certain restrictions and obligations on the sale or other disposition of the capital stock of the corporation, providing, among other things, that any transfer of shares in the Corporation, shall be governed by the provisions of an Addendum to Subscription Agreement and Investment Intent Letter for the Common Stock of the Corporation (the "Addendum to Subscription Agreement").

  • Investment Intent...........................................................

  • In connection with the reliance upon exemptions from the registration and prospectus delivery requirements for such transactions, at the Closing, Shareholders shall cause to be delivered to WWN a Letter(s) of Investment Intent in the form attached hereto as Exhibit B and incorporated herein by reference.

Related to Investment Intent

  • Investment interest means investment interest as defined in section 163(d)(3) of the Internal Revenue Code.

  • Investment Advisory Agreement means the investment advisory agreement entered into between the Adviser and the Fund, as from time to time in effect.

  • Investment Advisor means any person or entity who is an Authorized Person to give Instructions with respect to the investment and reinvestment of the Fund's Investments.

  • Investment Agreements has the meaning set forth in the Recitals.

  • Investment Adviser or "Adviser" means a party furnishing services to the Trust pursuant to any contract described in Article IV, Section 7(a) hereof;