Examples of Purchased Securities in a sentence
Such Purchaser understands that the Purchased Securities and Commitment Shares are “restricted securities” and have not been registered under the Securities Act or any applicable state securities law.
Securities or Purchased Securities" under this Subscription Agreement are the Shares.
Delivery of a global certificate (the “Global Note”) representing the Purchased Securities shall be made to the Representatives for the respective accounts of the several Underwriters against payment by the several Underwriters through the Representatives of the purchase price thereof to or upon the order of the Company by wire transfer of same-day funds.
At the time such Purchaser was offered or otherwise purchased or acquired the Purchased Securities and the Commitment Shares, it was, and as of the date hereof it is, and on each date on which it converts the Notes or otherwise acquires Issuable Securities it is and will be, a sophisticated investor accustomed to transactions like the purchase of the Notes hereunder and an “accredited investor” as defined under the Securities Act and the Regulations thereunder.
Such Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Securities, and has so evaluated the merits and risks of such investment.