Common use of Purchasing for Investment Only Clause in Contracts

Purchasing for Investment Only. Seller is purchasing all the Shares and Warrants hereunder for investment only and not with a view to resale or distribution in violation of applicable Securities Laws, the "U.S. Securities Act" (which is defined as the Securities Act of 1933, as amended, of the United States of America) or applicable state securities laws.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Infowave Software Inc), Asset Purchase Agreement (Trooien Gerald L)