Common use of Further Distribution Clause in Contracts

Further Distribution. Buyer (i) is acquiring an interest in the Assets for its own account and without a view to the distribution thereof within the meaning of the Securities Act of 1933, as amended; and (ii) has such knowledge and experience in business, financial, and oil and gas matters that it is capable of evaluation of the merits and risks of entering into and of carrying out its obligations in connection with the acquisition of an interest in the Assets in the manner contemplated herein.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Rio Vista Energy Partners Lp), Asset Purchase Agreement (Penn Octane Corp)

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Further Distribution. Buyer (i) is acquiring an interest in the Assets for its own account and without a view to the distribution thereof within the meaning of the Securities Act of 1933, as amended; and (ii) has such knowledge and experience in business, financial, and oil and gas matters that it is capable of evaluation of the merits and risks of entering into and of carrying out its obligations in connection with the acquisition of an interest in the Assets in the manner contemplated herein.. Rio Vista makes the following representations and warranties:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Penn Octane Corp), Asset Purchase Agreement (Rio Vista Energy Partners Lp)

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