No Need for Liquidity Sample Clauses
The "No Need for Liquidity" clause establishes that a party is not required to maintain or demonstrate immediate access to cash or liquid assets in connection with their obligations under the agreement. In practice, this means that a party cannot be compelled to sell assets, borrow funds, or otherwise alter their financial arrangements solely to meet liquidity requirements for the contract. This clause is primarily used to protect parties from being forced into potentially disadvantageous financial actions, ensuring that their broader financial management strategies are not disrupted by the agreement.
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No Need for Liquidity. The Investor’s aggregate holding of securities that are “restricted securities” or otherwise not readily marketable is not excessive in view of the Investor’s net worth and financial circumstances and the purchase of the Shares and the Warrant will not cause such commitment to become excessive.
No Need for Liquidity. The Investor has no need for liquidity in connection with its purchase of the Securities. The Investor has the ability to bear the economic risks of the Investor’s purchase of the Securities for an indefinite period to time.
No Need for Liquidity. The Participant represents that he (i) is able to bear the economic risk of an investment in the Units, (ii) is able to hold the Units for an indefinite period of time, (iii) is able to afford a complete loss of this investment and (iv) has adequate means of providing for his current needs and possible personal contingencies and has no need for liquidity in this investment.
No Need for Liquidity. The undersigned is aware that this investment may not be readily liquidated in case of an emergency and that the Shares being purchased may have to be held for an indefinite period of time. The undersigned’s overall commitment to investments which are not readily marketable is not excessive in view of my/its net worth and financial circumstances and the purchase of the Shares will not cause such commitment to become excessive. In view of such facts, the undersigned has adequate means of providing for any current needs, anticipated future needs and possible contingencies and emergencies and has no need for liquidity in the investment in the Shares. The undersigned is able to bear the economic risk of this investment.
No Need for Liquidity. The Investor has no need for liquidity in connection with its purchase of the Interest, and is able to bear the risk of loss of its entire investment in the Interest.
No Need for Liquidity. The Subscriber has no need for liquidity in connection with its purchase of the Subscription Interests, and is able to bear the risk of loss of its entire investment in the Subscription Interests.
No Need for Liquidity. NewCare has no need for liquidity with respect to its investment in the Shares.
No Need for Liquidity. The Creditor is aware that this investment may not be readily liquidated in case of an emergency and that the Shares being purchased may have to be held for an indefinite period of time. The Creditor’s overall commitment to investments which are not readily marketable is not excessive in view of my/its net worth and financial circumstances and the purchase of the Shares will not cause such commitment to become excessive. In view of such facts, the Creditor has adequate means of providing for any current needs, anticipated future needs and possible contingencies and emergencies and has no need for liquidity in the investment in the Shares. The Creditor is able to bear the economic risk of this investment.
No Need for Liquidity. The Seller is aware that the Seller will be unable to liquidate the Seller's investment readily in case of an emergency and that the 2d Stock being purchased may have to be held for an indefinite period of time. The Seller's overall commitment to investments which are not readily marketable is not excessive in view of the Seller's net worth and financial circumstances and the purchase of the 2d Stock will not cause such commitment to become excessive. In view of such facts, the Seller acknowledges that the Seller has adequate means of providing for the Seller's current needs, anticipated future needs and possible contingencies and emergencies and has no need for liquidity in the investment in the 2d Stock. The Seller is able to bear the economic risk of this investment.
No Need for Liquidity. Buyer has no need for liquidity with respect to Buyer’s investment in the Shares to satisfy any existing or contemplated need, undertaking or indebtedness. Buyer is able to bear the economic risk of Buyer’s investment in the Shares for an indefinite period, including the risk of losing all of Buyer’s investment.