Knowledgeable Purchaser. Buyer is a knowledgeable purchaser, owner and operator of oil and gas properties, has the ability to evaluate (and in fact has evaluated) the Properties for purchase, and is acquiring the Properties for its own account and not with the intent to make a distribution within the meaning of the Securities Act (and the rules and regulations pertaining thereto) or a distribution thereof in violation of any other applicable securities laws.
Appears in 3 contracts
Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Vanguard Natural Resources, LLC), Asset Purchase and Sale Agreement (Vanguard Natural Resources, LLC)
Knowledgeable Purchaser. Buyer is a knowledgeable purchaser, owner and operator of oil and gas properties, has the ability to evaluate (and in fact has evaluated) the Properties Interests for purchase, and is acquiring the Properties Interests for its own account and not with the intent to make a distribution within the meaning of the Securities Act of 1933 (and the rules and regulations pertaining thereto) or a distribution thereof in violation of any other applicable securities laws.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Future Petroleum Corp/Ut/)
Knowledgeable Purchaser. Buyer is a knowledgeable purchaser, owner owner, and operator of oil and gas properties, has the ability to evaluate (and in fact has evaluated) the Properties for purchase, and is acquiring the Properties Assets for its own account and not with the intent to make a distribution within the meaning of the Securities Act (and the rules and regulations pertaining thereto) or a distribution thereof in violation of any other applicable securities lawsaccount.
Appears in 1 contract
Samples: Purchase and Sale Agreement (American Oil & Gas Inc)
