Offering of Securities; Restrictions on Transfer. The Initial Purchaser agrees with the Company and the Operating Partnership that it (and any person acting on its behalf): (i) will not solicit offers for, or offer or sell, such Securities or the Underlying Securities in any manner involving a public offering within the meaning of S▇▇▇▇▇▇ ▇(▇)(▇) ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇, (▇▇) will sell such Securities only to persons that it reasonably believes to be QIBs, (iii) will not offer, sell or deliver any of the Securities in any jurisdiction outside the United States, and (iv) has taken or will take reasonable steps to ensure that each purchaser of the Securities is aware that the Securities are being offered and sold in reliance upon the representations and warranties deemed to have been made by such purchaser as provided in the Preliminary Offering Memorandum, the Pricing Disclosure Package and the Final Offering Memorandum under the caption “Transfer Restrictions.”
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Offering of Securities; Restrictions on Transfer. The Each Initial Purchaser Purchaser, severally and not jointly, agrees with the Company Operating Partnership and the Operating Partnership Company that it (and any person acting on its behalf): (i) will not solicit offers for, or offer or sell, such Securities or the Underlying Securities Guarantees in any manner involving a public offering within the meaning of S▇▇▇▇▇▇ ▇(▇)(▇) ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇, (▇▇) will sell such Securities only to persons that it reasonably believes to be QIBs, (iii) will not offer, sell or deliver any of the Securities in any jurisdiction outside the United States, and (iv) has taken or will take reasonable steps to ensure that each purchaser of the Securities is aware that the Securities are being offered and sold in reliance upon the representations and warranties deemed to have been made by such purchaser as provided in the Preliminary Offering Memorandum, the Pricing Disclosure Package and the Final Offering Memorandum under the caption captions “Important Notice to Readers” and “Transfer Restrictions.”
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Sources: Purchase Agreement (Innovative Industrial Properties Inc)
Offering of Securities; Restrictions on Transfer. The Each Initial Purchaser Purchaser, severally and not jointly, agrees with the Company Operating Partnership and the Operating Partnership Company that it (and any person acting on its behalf): (i) will not solicit offers for, or offer or sell, such Securities Securities, the Guarantees or the Underlying Securities in any manner involving a public offering within the meaning of S▇▇▇▇▇▇ ▇(▇)(▇) ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇, (▇▇) will sell such Securities only to persons that it reasonably believes to be QIBs, (iii) will not offer, sell or deliver any of the Securities in any jurisdiction outside the United States, and (iv) has taken or will take reasonable steps to ensure that each purchaser of the Securities is aware that the Securities are being offered and sold in reliance upon the representations and warranties deemed to have been made by such purchaser as provided in the Preliminary Offering Memorandum, the Pricing Disclosure Package and the Final Offering Memorandum under the caption captions “Important Notice to Readers” and “Transfer Restrictions.”
Appears in 1 contract
Sources: Purchase Agreement (Innovative Industrial Properties Inc)