Common use of Purchase Intent Clause in Contracts

Purchase Intent. Each Note Purchaser represents that it is purchasing a Note hereunder for its own account, not with a view to the distribution thereof or with any present intention of distributing or selling such Note except in compliance with the Securities Act, provided that the disposition of each Note Purchaser's property shall at all times be within its control. Each Note Purchaser represents that it is an accredited investor, within the meaning of Regulation 501(a) under the Securities Act.

Purchase Intent. Each Note Purchaser represents that it is purchasing a Note hereunder for its own account, not with a view to the distribution thereof or with any present 13 intention of distributing or selling such Note except in compliance with the Securities Act, provided that the disposition of each Note Purchaser's property shall at all times be within its control. Each Note Purchaser represents that it is an accredited investor, within the meaning of Regulation 501(a) under the Securities Act.