Purchases for Your Own Account Clause Samples

The "Purchases for Your Own Account" clause establishes that any purchases made under the agreement are intended solely for the buyer's personal or internal use, not for resale or distribution to third parties. In practice, this means the buyer is restricted from acting as a distributor or reseller and must use the purchased goods or services within their own organization. This clause helps prevent unauthorized resale, protects the supplier’s distribution channels, and ensures that the products reach their intended end users.
Purchases for Your Own Account. You shall not purchase our Shares for your own account for purposes of resale to the public, but you may purchase Shares for your own investment account upon your written assurance that the purchase is for investment purposes and that the Shares will not be resold except through redemption by us.
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Purchases for Your Own Account. You shall not purchase our Shares for your own account for purposes of resale to the public, but you may purchase Shares for your own investment account upon your assurance, which may be in writing, that the purchase is for investment purposes and that the Shares will not be resold except through redemption by us. FSS Distribution Agreement Jan 2011
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Purchases for Your Own Account. You shall not purchase Common Shares for your own account for purposes of resale to the public, but you may purchase Common Shares for your own investment account upon your written assurance that the purchase is for investment purposes only and that the Common Shares will not be resold except through repurchase by the Fund.
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Purchases for Your Own Account. The Distributor shall not purchase shares of any Portfolio for its own account for purposes of resale to the public, but it may purchase shares for its own investment account upon its written assurance to the Fund that the purchase is for investment purposes only and that the shares will not be resold except through redemption by the Fund.
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Purchases for Your Own Account. You shall not purchase our Shares for your own account for purposes of resale to the public, but you may purchase Shares for your own investment account upon your assurance, which may be in writing, that the purchase is for investment purposes and that the Shares will not be resold except through redemption by us. Pelagos Commodities Fund – Distribution Agreement
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Purchases for Your Own Account. PSI shall not purchase Shares for its own account for purposes of resale to the public, but PSI may purchase shares for its own investment account upon PSI's written assurance that the purchase is for investment purposes only and that the shares will not be resold except through redemption by IFD.
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Purchases for Your Own Account. FDI shall not purchase the Shares for its own account for purposes of resale to the public, but FDI may purchase Shares for its own investment account upon written assurance that the purchase is for investment purposes only and that the Shares will not be resold except through repurchase by the Fund.
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Related to Purchases for Your Own Account

  • Purchase Entirely for Own Account This Agreement is made with the Purchaser in reliance upon the Purchaser’s representation to the Company, which by the Purchaser’s execution of this Agreement, the Purchaser hereby confirms, that the Shares to be acquired by the Purchaser will be acquired for investment for the Purchaser’s own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and that the Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the same. By executing this Agreement, the Purchaser further represents that the Purchaser does not presently have any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any third Person, with respect to any of the Shares. The Purchaser has not been formed for the specific purpose of acquiring the Shares.