Common use of Purchasing as Principal Clause in Contracts

Purchasing as Principal. The Subscriber is purchasing the Subscription Receipts as principal for the Subscriber’s own account and not for the benefit of any other person. The Subscriber is purchasing the Subscription Receipts for investment only and not with a view to the resale or distribution of any of the Subscription Receipts.

Purchasing as Principal. The Subscriber is purchasing the Subscription Receipts Purchased Shares as principal for the Subscriber’s own account and not for the benefit of any other person. The Subscriber is not purchasing the Subscription Receipts for investment only and not Purchased Shares with a view to the resale or distribution of any of the Subscription ReceiptsPurchased Shares.