Common use of Non-Distribution Clause in Contracts

Non-Distribution. The Earn-Out Shares are being acquired by Seller for its own account for investment, not as a nominee or agent, and without a view to resale or other distribution within the meaning of the Securities Act and the State Laws, and the rules and regulations thereunder, and Seller agrees not to distribute the Earn-Out Shares in violation of the Securities Act or the State Laws.

Appears in 1 contract

Sources: Stock Purchase Agreement (SFX Entertainment, INC)

Non-Distribution. The Earn-Out Shares are being acquired by Seller such Stockholder for its his own account for investment, not as a nominee or agent, and without a view to resale or other distribution within the meaning of the Securities Act and the State Laws, and the rules and regulations thereunder, and Seller such Stockholder agrees not to distribute the Earn-Out Shares in violation of the Securities Act or the State Laws.

Appears in 1 contract

Sources: Merger Agreement (SFX Entertainment, INC)

Non-Distribution. The Shares and the Earn-Out Shares Shares, if any, are being acquired by Seller the Sellers and the Selling Parties for its their own account for investment, not as a nominee or agent, and without a view to resale or other distribution within the meaning of the Securities Act and the State Laws, and the rules and regulations thereunder, and Seller agrees the Sellers and the Selling Parties agree not to distribute the Shares and the Earn-Out Shares Shares, if any, in violation of the Securities Act or the State Laws.

Appears in 1 contract

Sources: Asset Purchase Agreement (SFX Entertainment, INC)