Investment Intent; Investment Experience. Buyer is acquiring the Securities for investment only and not with a view toward, or for sale in connection with, any distribution thereof, nor with any intention of distributing or selling the Securities, in each case, in violation of the Securities Act or any other applicable Law. Buyer acknowledges and agrees that the Securities may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under the Securities Act, and without compliance with any other applicable Law. Buyer acknowledges that it can bear the economic risk of its investment in the Securities, and has such knowledge and experience in financial and business matters and the industries in which the Company and its Subsidiaries operate that it is capable of evaluating the merits and risks of an investment in the Securities.
Investment Intent; Investment Experience. Longwood is acquiring the Securities for investment only and not with a view toward, or for sale in connection with, any distribution thereof, nor with any intention of distributing or selling the Securities, in each case, in violation of the Securities Act or any other applicable Law. Longwood acknowledges and agrees that the Securities may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under the Securities Act, and without compliance with any other applicable Law. Longwood acknowledges that it can bear the economic risk of its investment in the Securities, and has such knowledge and experience in financial and business matters and the industries in which the Company operates that it is capable of evaluating the merits and risks of an investment in the Securities.
Investment Intent; Investment Experience. Five Point is acquiring the Securities for investment only and not with a view toward, or for sale in connection with, any distribution thereof, nor with any intention of distributing or selling the Securities, in each case, in violation of the Securities Act or any other applicable Law. Five Point acknowledges and agrees that the Securities may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under the Securities Act, and without compliance with any other applicable Law. Five Point acknowledges that it can bear the economic risk of its investment in the Securities, and has such knowledge and experience in financial and business matters and the industries in which the Company operates that it is capable of evaluating the merits and risks of an investment in the Securities.
Investment Intent; Investment Experience. The Shares will be acquired solely for investment purposes, for Investor's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, except as expressly permitted hereby. Investor believes it has acquired sufficient information about the Company to reach an informed decision to purchase the Shares. Investor has such business and financial experience as is required to give it the capacity to protect its own interest in connection with the purchase of the Shares. Investor acknowledges and agrees that the Shares are being offered in a transaction not involving any public offering in Japan or the United States.
Investment Intent; Investment Experience. Purchaser is acquiring the Shares for its own account and not with a view to, or for resale in connection with, any distribution thereof within the meaning of the Securities Act. Purchaser acknowledges that it is able to fend for itself, can bear the economic risks involved in acquiring the equity interests of the Company and has such knowledge and experience in financial, business and oil and gas matters that it is capable of evaluating the merits and risks of the acquisition of the equity interests of the Company. Purchaser is an “accredited investor” as such term is defined in Regulation D under the Securities Act.
Investment Intent; Investment Experience. Each Seller is acquiring the TNPC Shares for its own account for investment and not with a present intention or view to, or for sale or other disposition in connection with, any distribution of all or any part thereof. In acquiring the TNPC Shares, no Seller is offering or selling, and will not offer or sell, for the Buyer in connection with any distribution of the TNPC Shares, and no Seller has a participation or will participate in any such undertaking or in any underwriting of such an undertaking except in each case in compliance with applicable federal and state securities laws. Each Seller acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the TNPC Shares, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the TNPC Shares. Each Seller is an "accredited investor" as such term is defined in Regulation D under the Securities Act. Each Seller understands that the TNPC Shares will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the TNPC Shares will be characterized as "restricted securities" under federal securities laws and that under such laws and applicable regulations the TNPC Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.
Investment Intent; Investment Experience. Buyer is acquiring the Shares for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the Shares, and has such Knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Shares. Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Buyer understands that the Shares will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Shares will be characterized as “restricted securities” under federal securities laws and that under such laws and applicable regulations the Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. Buyer acknowledges that it may be required to bear the economic risk of its investment in the Shares for a substantial period of time.
