Warrant Representations Sample Clauses
A Warrant Representations clause sets out the specific assurances or guarantees that one party makes to another regarding certain facts or conditions at the time of entering into an agreement. Typically, these representations might include statements about the party’s authority to enter the contract, the accuracy of financial statements, or the absence of undisclosed liabilities. The core function of this clause is to allocate risk by ensuring that each party can rely on the truthfulness of key information, providing a basis for legal recourse if any representation proves to be false.
Warrant Representations. The Warrant and the Shares for which it ----------------------- is being exercisable are being acquired for investment for VEBA's own account, not as a nominee or agent, and not with a view to the sale or distribution of all or any part thereof in violation of applicable securities laws. VEBA has the requisite knowledge and experience to assess the relative merits and risks of an acquisition of the Warrant and such shares. VEBA is an "accredited investor" as that term is defined by Rule 501(a) promulgated under the Securities Exchange Act of 1933, as amended. The VEBA understands that each certificates for the Warrant and such shares may be legended as a result of the application of Securities and Exchange Commission Rule 144.
Warrant Representations. The Warrant and the Shares for which it ----------------------- is being exercisable are being acquired for investment for PBGC's own account, not as a nominee or agent, and not with a view to the sale or distribution of all or any part thereof in violation of applicable securities laws. PBGC has the requisite knowledge and experience to assess the relative merits and risks of an acquisition of the Warrant and such shares. PBGC is an "accredited investor" as that term is defined by Rule 501(a) promulgated under the Securities Exchange Act of 1933, as amended. The PBGC understands that each certificates for the Warrant and such shares may be legended as a result of the application of Securities and Exchange Commission Rule 144.
Warrant Representations. DiGenova has read and fully understood the Warrant, including the rep▇▇▇▇▇▇▇▇ions and warranties being made by the "Holder" (as defined in the Warrant) in Section 10.3 of the Warrant, and hereby makes such representations and warranties to the Company. Without limiting the generality of the foregoing, DiGenova represents and warrants that he (i) has read and fully u▇▇▇▇▇▇▇▇d the Warrant and the Merger Agreement, and the implications and consequences thereof; (ii) understands that in the event the Merger is not consummated by the Expiration Date (as defined in the Warrant), the Warrant shall expire without having ever become exercisable, and (iii) has been represented in the preparation, negotiation, and execution of the Warrant by legal counsel and tax advisers of his own choice, or has made a voluntary and informed decision to decline to seek such counsel or advice.
