Common use of Exempt Status of Beneficial Purchaser Clause in Contracts

Exempt Status of Beneficial Purchaser. if it is purchasing the Bonds, not as principal under subparagraph 2(c) but is acting as agent for one or more beneficial purchasers or principals (disclosed or undisclosed), each of such beneficial purchasers or principals is purchasing as principal for its own account, not for the benefit of any other person, for investment only and not with a view to the resale or distribution of all or any of the Bonds, and each of such beneficial purchasers or principals complies with either subparagraph 2(c) (i) or (ii) hereof as applicable to it by virtue of its place of residence or by virtue of the securities laws of such place being applicable to the Investor; and

Appears in 3 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

AutoNDA by SimpleDocs

Exempt Status of Beneficial Purchaser. if it is purchasing the BondsClass A Common Shares, not as principal under subparagraph 2(c3(c) but is acting as agent for one or more beneficial purchasers or principals (disclosed or undisclosed), each of such beneficial purchasers or principals is purchasing as principal for its own account, not for the benefit of any other person, for investment only and not with a view to the resale or distribution of all or any of the BondsClass A Common Shares, and each of such beneficial purchasers or principals complies with either subparagraph 2(c) (i) or (ii) hereof as applicable to it by virtue of its place of residence or by virtue of the securities laws of such place being applicable to the Investor; and

Appears in 1 contract

Samples: Subscription Agreement

AutoNDA by SimpleDocs

Exempt Status of Beneficial Purchaser. if it is purchasing the BondsClass A Common Shares, not as principal under subparagraph 2(c) but is acting as agent for one or more beneficial purchasers or principals (disclosed or undisclosed), each of such beneficial purchasers or principals is purchasing as principal for its own account, not for the benefit of any other person, for investment only and not with a view to the resale or distribution of all or any of the BondsClass A Common Shares, and each of such beneficial purchasers or principals complies with either subparagraph 2(c) (i) or (ii) hereof as applicable to it by virtue of its place of residence or by virtue of the securities laws of such place being applicable to the Investor; and

Appears in 1 contract

Samples: Subscription Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.