Common use of Representations of Lender Clause in Contracts

Representations of Lender. By acceptance of this Note, Lender represents to Borrower that Lender is an "accredited investor" as such term is defined in Regulation D promulgated under the Securities Act of 1933, as amended (the "Securities Act"), and that this Note and any securities issuable upon any conversion thereof are being acquired for ▇▇▇▇▇▇'s own account and for the purpose of investment and not with a view to, or for sale in connection with, the distribution of the same, nor with any present intention of distributing or selling the same.

Appears in 9 contracts

Sources: Convertible Promissory Note (Svi Solutions Inc), Convertible Promissory Note (Icm Asset Management Inc/Wa), Convertible Promissory Note (Icm Asset Management Inc/Wa)

Representations of Lender. By acceptance of this Note, Lender represents to Borrower that Lender is an "accredited investor" as such term is defined in Regulation D promulgated under the Securities Act of 1933, as amended (the "Securities Act"), and that this Note and any securities issuable upon any conversion thereof are being acquired for ▇▇▇▇▇▇'s Lenders own account and for the purpose of investment and not with a view to, or for sale in connection with, the distribution of the same, nor with any present intention of distributing or selling the same.

Appears in 1 contract

Sources: Convertible Promissory Note (Icm Asset Management Inc/Wa)