Common use of Purchasing Intent Clause in Contracts

Purchasing Intent. Such Equity Commitment Party is not acquiring the Rights Offering Shares (including the Direct Allocation Shares and the Unsubscribed Shares) or any New Common Stock issued to such Equity Commitment Party in satisfaction of the Backstop Commitment Premium with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Equity Commitment Party has no present intention of selling, granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.

Appears in 2 contracts

Sources: Backstop Commitment Agreement (Revlon Consumer Products Corp), Backstop Commitment Agreement (Revlon Consumer Products Corp)

Purchasing Intent. Such Equity Commitment Party is not acquiring the Rights Offering Shares (including the Direct Allocation Shares and the Unsubscribed Shares) or any New Common Stock Reorganized Enviva Inc. Interests issued to such Equity Commitment Party in satisfaction of the Backstop Commitment Premium with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Equity Commitment Party has no present intention of selling, granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.

Appears in 1 contract

Sources: Backstop Commitment Agreement (Enviva Inc.)