Illiquidity Clause Samples

Illiquidity. The Investor understands, acknowledges and agrees that due to restrictions described in this Agreement and the lack of any market existing or likely to exist for the Common Stock, the Warrant and the Warrant Shares, the Investor’s investment in the Common Stock, Warrant and Warrant Shares will be highly illiquid.

Illiquidity in the absolute opinion of SHKIS, there occurs market conditions (for example, illiquidity) or actions that may make it difficult or impossible to effect the relevant transactions or liquidate or offset the relevant positions; and

Illiquidity. Such Purchaser understands that there is no public market for the shares of Series C Preferred Stock to be acquired by it and that there may never be a public market for such stock, and that even if a market develops for such stock such Purchaser may have to bear the risk of its investment in such stock for a substantial period of time.

Illiquidity in the absolute opinion of SHKOS, there occurs market conditions (for example, illiquidity) or actions that may make it difficult or impossible to effect the relevant transactions or liquidate or offset the relevant positions; and

Illiquidity in the absolute opinion of FHKS, there occurs market conditions (for example, illiquidity) or actions that may make it difficult or impossible to effect the relevant transactions or liquidate or offset the relevant positions; and 流通性不足:富強以其絕對酌情權認為,市場情況(例如流通性不足)或者行動令其難以或無法執行相關交易,或平倉或抵銷相關倉盤；及

Illiquidity in the absolute discretion of SHKCOM, there occurs market conditions (for example, illiquidity) or a situation that may make it difficult or impossible to effect relevant transactions or liquidate or offset relevant positions; and

Illiquidity. The circumstances in which account assets may be withdrawn without an additional 10 percent federal tax penalty on earnings or other adverse tax consequences are limited. This reduces the liquidity of an investment in the account.

Illiquidity in the absolute discretion of CES Capital (HK), there occurs market conditions (for example, illiquidity) or a situation that may make it difficult or impossible to effect relevant transactions or liquidate or offset relevant positions; and

Illiquidity. The Stockholder understands that the Stockholder might never be able to liquidate the Stockholder’s investment in the Parent and that, although the Parent has undertaken to register under the Securities Act the Underlying Parent Shares pursuant to the Registration Rights Agreement, there can be no assurance that such registration will ever be effective or remain effective, or that there will be any liquidity with respect to the sale of the Underlying Parent Shares, if and when registered. The Stockholder represents that the Stockholder has sufficient liquid assets so that the illiquidity associated with the Stockholder’s investment will not cause any undue financial difficulties or affect the Stockholder’s ability to provide for the Stockholder’s current needs and possible financial contingencies, and that the Stockholder’s commitment to all high-risk investments (including the Stockholder’s investment in the Acquired Securities) is reasonable in relation to the Stockholder’s net worth, annual income, or both.