Investment Intent of Shareholders Sample Clauses
The 'Investment Intent of Shareholders' clause defines the purpose and nature of the shareholders' investment in the company. It typically clarifies that shareholders are acquiring shares for investment purposes only, not with the intent to resell or distribute them immediately. This clause may require shareholders to confirm that they are not acting as underwriters or purchasing shares on behalf of others. Its core function is to ensure compliance with securities regulations and to prevent unauthorized or premature resale of shares, thereby protecting the company from potential legal and regulatory issues.
Investment Intent of Shareholders. Each shareholder of WISE TARGET and AMBER LINK represents and warrants to TBAY that the shares of TBAY being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of SII represents and warrants to Webx that the shares of Webx being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of Target represents and warrants to the Company that the shares of the Company being acquired pursuant to this Agreement are being acquired for its own account and for investment purposes and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in SEC Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available; that each understands the meaning of the term “restricted securities”; that each has had access to the reports and registration statements filed by the Company with the SEC at ▇▇▇.▇▇▇.▇▇▇ or otherwise; and that each is an “accredited investor” as that term is defined in United States securities laws, rules and regulations, and specifically, in SEC Rule 501.
Investment Intent of Shareholders. Each shareholder of AHR represents and warrants to New Horizon that the shares of New Horizon being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of Elegant represents and warrants to Shaft that the shares of Shaft being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of HEC represents and warrants to WGH that the shares of WGH being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of SkyGivers represents and warrants to WPET that the shares of WPET being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of Green River represents and warrants to C/GRlP that the shares of C/GRIP being acquired pursuant to this Agreement are being acquired for his or her own account and for investment and not with a view to the public resale or distribution of such shares and further, acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. To the knowledge of Inhibetex, the shares of Organic being acquired by each respective Inhibetex shareholder pursuant to this Agreement for his or her own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Investment Intent of Shareholders. Each shareholder of Cal-Bay represents and warrants to Var-Jazz that the shares of Var-Jazz being acquired pursuant to this Agreement are being acquired for his own account and for investment and not with a view to the public resale or distribution of such shares and further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.