Common use of Investment Interest Clause in Contracts

Investment Interest. The Buyer is an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act and is acquiring the Shares for its own account for investment purposes only and not with a view to, or for sale or resale in connection with, any distribution within the meaning of Section 2(11) of the Securities Act. The Buyer understands that the Shares are characterized as “restricted securities” under the federal securities laws inasmuch as they are being acquired from the Stockholders in a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances.

Appears in 2 contracts

Samples: Stock Purchase Agreement (MiddleBrook Pharmaceuticals, Inc.), Stock Purchase Agreement (MiddleBrook Pharmaceuticals, Inc.)

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Investment Interest. The Buyer Company is an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act and is will be acquiring the Shares for its own account for investment purposes only and not with a view to, or for sale or resale in connection with, any distribution within the meaning of Section 2(11) of the Securities Act. The Buyer Company understands that the Shares are characterized as “restricted securities” under the federal securities laws inasmuch as they are being acquired from the Stockholders in a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances.

Appears in 1 contract

Samples: Option and Put Agreement (Vivus Inc)

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Investment Interest. The Buyer Company is an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act and is acquiring the Shares were acquired for its own account for investment purposes only and not with a view to, or for sale or resale in connection with, any distribution within the meaning of Section 2(11) of the Securities Act. The Buyer Company understands that the Shares are characterized as “restricted securities” under the federal securities laws inasmuch as they are being acquired from the Stockholders in a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances.

Appears in 1 contract

Samples: Option and Put Agreement (Vivus Inc)

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