Common use of Securities Transfer Matters Clause in Contracts

Securities Transfer Matters. (a) Purchaser is aware that the Seller may rely on the exemption from the provisions of section 5 of the Securities Act of 1933 (the "Securities Act") provided by Rule 144A under the Securities Act (the "Rule") and that, as a consequence, the Purchased Shares may be deemed to be "restricted securities" within the meaning of Rule 144(a)(3) under the Act and that Purchaser may resell the Purchased Shares only to the persons and under the circumstances permitted by applicable securities laws. Purchaser is a "qualified institutional buyer" as that term is defined in subsection (a)(1)(i)(A) of the Rule.

Appears in 5 contracts

Samples: Stock Purchase Agreement (American Physicians Capital Inc), Stock Purchase Agreement (American Physicians Capital Inc), Stock Purchase Agreement (American Physicians Capital Inc)

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Securities Transfer Matters. (a) Purchaser is aware that the Seller may rely on the exemption from the provisions of section 5 of the Securities Act of 1933 (the "Securities Act") provided by Rule 144A under the Securities Act (the "Rule") and that, as a consequence, the Purchased Shares may be deemed to be "restricted securities" within the meaning of Rule 144(a)(3) under the Act and that Purchaser may resell the Purchased Shares only to the persons and under the circumstances permitted by applicable securities laws. Purchaser is a "qualified institutional buyer" as that term is defined in subsection (a)(1)(i)(A) of the Rule.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Dean Health Systems Inc), Stock Purchase Agreement (Dean Health Systems Inc), Stock Purchase Agreement (Dean Health Systems Inc)

Securities Transfer Matters. (a) Purchaser is aware that the Seller Sellers may rely on the exemption from the provisions of section 5 of the Securities Act of 1933 (the "Securities Act") provided by Rule 144A under the Securities Act (the "Rule") and that, as a consequence, the Purchased Shares may will be deemed to be "restricted securities" within the meaning of Rule 144(a)(3) under the Act and that Purchaser may resell the Purchased Shares only to the persons and under the circumstances permitted by applicable securities laws. Purchaser is a "qualified institutional buyer" as that term is defined in subsection (a)(1)(i)(A) of the Rule.

Appears in 1 contract

Samples: Stock Purchase Agreement (Dean Health Systems Inc)

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Securities Transfer Matters. (a) Purchaser is aware that the Seller Sellers may rely on the exemption from the provisions of section 5 of the Securities Act of 1933 (the "Securities Act") provided by Rule 144A under the Securities Act (the "Rule") and that, as a consequence, the Purchased Shares may will be deemed to be "restricted securities" within the meaning of Rule 144(a)(3) under the Act and that Purchaser may resell the Purchased Shares only to the persons and under the circumstances permitted by applicable securities laws. Purchaser is a "qualified institutional buyer" as that term is defined in subsection (a)(1)(i)(A) of the Rule.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Physicians Capital Inc)

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