Common use of Private Transaction Clause in Contracts

Private Transaction. Buyer understand that the sale of Shares is not being registered on the basis that this purchase and sale is exempt from registration under applicable securities rules and regulations, including but not limited to the US Securities Act of 1933, as amended (the “Act”), and other applicable US and foreign state and federal rules and regulations. Further, Purchaser is acquiring the Shares for its own account and investment purposes and not as a nominee and not with a view to the distribution thereof. Purchaser understands that it must bear the economic risk of this investment indefinitely unless the Shares are registered pursuant to the Act, or an exemption from such registration is available; and,

Appears in 4 contracts

Samples: Stock Purchase Agreement (NuLife Sciences, Inc.), Stock Purchase Agreement (NuLife Sciences, Inc.), Stock Purchase Agreement (NuLife Sciences, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.