Use of Registration Statement. Each of VE, VW and VNAC hereby agrees and acknowledges that (i) the Registration Statement shall relate exclusively to a sale of the Registered Shares by VW and VNAC in a firm commitment underwriting that is not being effected pursuant to Rule 415 under the Securities Act and (ii) the Registration Statement shall be used solely in connection with the Public Sale.
Appears in 2 contracts
Sources: Registration and Stock Purchase Agreement (Philadelphia Suburban Corp), Registration and Stock Purchase Agreement (Philadelphia Suburban Corp)