Accredited Investor; Purchase as Principal. Such Purchaser is an ------------------------------------------ accredited investor as that term is defined in Rule 501 of Regulation D, and is acquiring the Securities solely for its own account 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, such Purchaser does not agree to hold any 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.
Accredited Investor; Purchase as Principal. It is an accredited investor as that term is defined in Rule 501 of Regulation D, and is acquiring the Common Stock solely for its own account 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 of 1933, as amended (the “Securities Act”) and/or sales registered under the Securities Act; provided, however, that in making such representation, it does not agree to hold the shares of Common Stock for any minimum or specific term and reserves the right to sell, transfer or otherwise dispose of the shares of Common Stock 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.
Accredited Investor; Purchase as Principal. Purchaser has substantial experience in evaluating and investing in private placement transactions of securities similar to the Securities so that it is capable of evaluating the merits and risks of its investment in the Securities and has the capacity to protect its own interests. Purchaser must bear the economic risk of this investment indefinitely unless the Securities are registered pursuant to the Securities Act or an exemption from registration is available. Purchaser understands that, except as set forth in this Agreement or the Registration Rights Agreement, the Company has no present intention of registering the Securities. Purchaser also understands that there is no assurance that any exemption from registration under the Securities Act will be available. Purchaser is an accredited investor as that term is defined in Rule 501 of Regulation D, and is acquiring the Securities solely for its own account 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, Purchaser does not agree to hold any 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.
