Common use of XXXX INVESTMENT Clause in Contracts

XXXX INVESTMENT. (a) St. Xxxx represents and warrants that (i) it is capable of evaluating the merits and risks of the acquisition of the St. Xxxx Shares, and the St. Xxxx Options, (ii) it is acquiring the St. Xxxx Shares and the St. Xxxx Options for its own account, as principal, (iii) it is acquiring the St. Xxxx Shares and the St. Xxxx Options for investment and not with a view to the resale or distribution in a public offering of all or any part of the St. Xxxx Shares or the St. Xxxx Options, and (iv) it has not sought the advice of the Company with respect to the tax, accounting, legal or other regulatory or investment issues relating to the St. Xxxx Shares or the St. Xxxx Options it expects to acquire pursuant to the St. Xxxx Investment and has relied only on the advice of its own legal counsel and other advisors.

Appears in 3 contracts

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD), Formation and Separation Agreement (Platinum Underwriters Holdings LTD), Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

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XXXX INVESTMENT. (a) St. Xxxx represents and warrants that (i) it is capable of evaluating the merits and risks of the acquisition of the St. Xxxx Shares, Shares and the St. Xxxx OptionsOption, (ii) it is acquiring the St. Xxxx Shares and the St. Xxxx Options Option for its own account, as principal, (iii) it is acquiring the St. Xxxx Shares and the St. Xxxx Options Option for investment and not with a view to the resale or distribution in a public offering of all or any part of the St. Xxxx Shares or the St. Xxxx OptionsOption, and (iv) it has not sought the advice of the Company with respect to the tax, accounting, legal or other regulatory or investment issues relating to the St. Xxxx Shares or the St. Xxxx Options Option it expects to acquire pursuant to the St. Xxxx Investment and has relied only on the advice of its own legal counsel and other advisors.

Appears in 3 contracts

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD), Formation and Separation Agreement (Platinum Underwriters Holdings LTD), Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

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