Common use of Accredited Investor; Investment Intent Clause in Contracts

Accredited Investor; Investment Intent. The Purchaser is an accredited investor as that term is defined in Rule 501(a) of Regulation D, and is acquiring the Preferred Shares solely for Purchaser’s own account for investment purposes as a principal and not with a present view to the public resale or distribution of all or any part thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or sales registered under the Securities Act; provided, however, that in making such representation, the Purchaser does not agree to hold the Securities for any minimum or specific term and reserves the right to sell, transfer or otherwise dispose of the Securities at any time in accordance with the provisions of this Agreement and with Federal and state securities laws applicable to such sale, transfer or disposition.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Toreador Resources Corp), Securities Purchase Agreement (Toreador Resources Corp), Securities Purchase Agreement (Toreador Resources Corp)

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Accredited Investor; Investment Intent. The Such Purchaser is an accredited investor as that term is defined in Rule 501(a) of Regulation D, and is acquiring the Preferred Shares solely for Purchaser’s own account for investment purposes as a principal and not with a present view to the public resale or distribution of all or any part thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or sales registered under the Securities Act; provided, however, that in making such representation, the such Purchaser does not agree to hold the Securities for any minimum or specific term and reserves the right to sell, transfer or otherwise dispose of the Securities at any time in accordance with the provisions of this Agreement and with Federal and state securities laws applicable to such sale, transfer or disposition.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Toreador Resources Corp), Securities Purchase Agreement (Toreador Resources Corp)

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Accredited Investor; Investment Intent. The Such Purchaser is an -------------------------------------- accredited investor as that term is defined in Rule 501(a) 501 of Regulation D, and is acquiring the Preferred Shares Securities solely for Purchaser’s his or its own account for investment purposes as a principal and not with a present view to the public resale or distribution of all or any part thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act and/or or sales registered under the Securities Act; provided, however, however that in making such representation, the such Purchaser does not agree to hold the Securities for any minimum or specific term and reserves the right to sell, transfer or otherwise dispose of the Securities at any time in accordance with the provisions of this Agreement and with Federal federal and state securities laws applicable to such sale, transfer or disposition.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Healthcentral Com)

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