Common use of SECURITIES TO BE HELD FOR INVESTMENT Clause in Contracts

SECURITIES TO BE HELD FOR INVESTMENT. It is Investor's intention to acquire and hold the Securities solely for Investor's private investment and for Investor's own account and with no view or intention to distribute (including, without limitation, any distribution to the shareholders of Investor pursuant to the terms of its governing instruments), sell, resell, assign, pledge, mortgage, hypothecate, or otherwise transfer or dispose of the Securities (or any portion thereof) except pursuant to a valid exception from registration or a registered offering under the Securities Act.

Appears in 5 contracts

Samples: Warrant Exercise and Securities Exchange Agreement (Avery Communications Inc), Warrant Exercise and Securities Exchange Agreement (Avery Communications Inc), Warrant Exchange and Exercise Agreement (Avery Communications Inc)

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