Common use of Lack of Liquidity Clause in Contracts

Lack of Liquidity. The Purchaser acknowledges that the purchase of the Shares involves a high degree of risk and further acknowledges that it can bear the economic risk of the purchase of the Shares, including the total loss of its investment. The Purchaser acknowledges and understands that the Shares may not be sold to a U.S. Person (as hereinafter defined) or into the United States for a period of one (1) year from the date of purchase and that Purchaser has no present need for liquidity in connection with its purchase of the Shares. Purchaser shall comply in all respects with US federal and state securities laws, particularly with respect to any resale of the Shares in any transaction subject to United States jurisdiction.

Lack of Liquidity. The Purchaser Subscriber acknowledges that the purchase of the Shares Securities involves a high degree of risk and further acknowledges that it can bear the economic risk of the purchase of the SharesSecurities, including the total loss of its investment. The Purchaser Subscriber acknowledges and understands that the Shares Securities may not be sold to a U.S. Person (as hereinafter defined) or into the United States for a period of one (1) year from the date of purchase and that Purchaser the Subscriber has no present need for liquidity in connection with its purchase of the SharesSecurities. Purchaser The Subscriber shall comply in all respects with US federal and state securities laws, particularly with respect to any resale of the Shares Securities in any transaction subject to United States jurisdiction.