Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows: (i) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale. (ii) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration. (iii) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ is capable of evaluating the merits and risks of an investment in the Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith. (iv) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 2 contracts
Sources: Warrant Agreement (SHARING SERVICES GLOBAL Corp), Common Stock Warrant (SHARING SERVICES GLOBAL Corp)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are is being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form reasonably satisfactory to the Company, that the securities Shares issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 2 contracts
Sources: Warrant Agreement (Power 3 Medical Products Inc), Warrant Agreement (Power 3 Medical Products Inc)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise ______ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 2 contracts
Sources: Shares and Warrant Purchase Agreement (Xfone Inc), Shares and Warrant Purchase Agreement (Xfone Inc)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise __________ of __________ this __________ Warrant, __________ the __________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇the Holder’s own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(24(a)(2) thereof, and that they must be held by the Holder indefinitely, indefinitely and that the Holder must therefore must, therefore, bear the economic risk of such investment indefinitely, indefinitely unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(i) a. This Warrant Option and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise of this WarrantOption, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant Option are being acquired for investment and not with a view toward distribution or resale.
(ii) b. The Holder understands that the Warrant Option and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iii) c. The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the Warrant purchase of this Option and the Warrant Shares purchasable pursuant to the terms of this Warrant Option and of protecting its interests in connection therewith.
(iv) d. The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this WarrantOption.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Mint Leasing Inc)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise _________ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration. The Holder further understands that the Shares have been qualified under issuance in a transaction exempt from the registration requirements of applicable state securities law, which exemptions depend upon, among other things, the bona fide nature of the Holder's investment intent expressed above.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Sources: Warrant Agreement (Bidville Inc)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise ____________ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(i) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇Holder’s own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(ii) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iii) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ Holder is capable of evaluating the merits and risks of an investment in the Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(iv) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Sources: Warrant Agreement (Dss, Inc.)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise _____________ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise __________ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise ____ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(i) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇▇’s own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(ii) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iii) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇▇ is capable of evaluating the merits and risks of an investment in the Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(iv) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “"Act”"). Upon exercise ________ of ____________ this _____________ Warrant, _____________ the ____________ Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant is being acquired and the any Warrant Shares issuable upon exercise thereof are being will be acquired for H▇▇▇▇▇’s the Holder's own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resale.
(iib) The Holder understands that the this Warrant has not been and the Warrant Shares have will not been be registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) and/or Section 506 of Regulation D thereof. Accordingly, this Warrant and that they the Warrant Shares must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ he is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its his interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(i) a. This Warrant Option and the Warrant Shares issuable upon exercise thereof are being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this WarrantOption, the Holder shall, if so requested by the Company, confirm in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant Option are being acquired for investment and not with a view toward distribution or resale.
(ii) b. The Holder understands that the Warrant Option and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iii) c. The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the Warrant purchase of this Option and the Warrant Shares purchasable pursuant to the terms of this Warrant Option and of protecting its interests in connection therewith.
(iv) d. The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this WarrantOption.
Appears in 1 contract
Sources: Option Agreement (Mint Leasing Inc)
Representations and Warranties by the Holder. The Holder represents and warrants to the Company as follows:
(ia) This Warrant and the Warrant Shares issuable upon exercise thereof are is being acquired for H▇▇▇▇▇’s its own account, for investment and not with a view to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933, as amended (the “Act”). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm in writing, in a form reasonably satisfactory to the Company, that the securities Shares issuable upon exercise of this Warrant are being acquired for investment and not with a view toward distribution or resaleresale that would violate the Act.
(iib) The Holder understands that the Warrant and the Warrant Shares have not been registered under the Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Act or is exempted from such registration.
(iiic) The Holder has such knowledge and experience in financial and business matters that H▇▇▇▇▇ it is capable of evaluating the merits and risks of an investment in the purchase of this Warrant and the Warrant Shares purchasable pursuant to the terms of this Warrant and of protecting its interests in connection therewith.
(ivd) The Holder is able to bear the economic risk of the purchase of the Warrant Shares pursuant to the terms of this Warrant.
Appears in 1 contract
Sources: Note and Warrant Purchase Agreement (Weirton Steel Corp)