Common use of Economic Risk Clause in Contracts

Economic Risk. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the Subscriber’s investment in and to any of the Securities, and the Subscriber is able to bear the economic risk of a total loss of the Subscriber’s investment in and to any of the Securities. The Subscriber understands that an investment in any of the Securities is a speculative investment and that there is no guarantee of success of the plans of the Company’s management. Such plans are an effort to apply present knowledge and experience to project a future course of action which is hoped will result in financial success employing the Company’s assets and with the present level of management’s skills and of those whom the Company will need to attract (which cannot be assured). Additionally, all plans are capable of being frustrated by new or unrecognized or unappreciated present or future circumstances which can typically not be predicted, accurately or at all.

Appears in 8 contracts

Samples: Subscription Agreement (Weyland Tech, Inc.), Seratosa Inc., Subscription Agreement (Sinobiomed Inc)

AutoNDA by SimpleDocs

Economic Risk. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the Subscriber’s investment in and to any of the Securities, and the Subscriber is able to bear the economic risk of a total loss of the Subscriber’s investment in and to any of the Securities. The Subscriber understands that an investment in any of the Securities is a speculative investment and that there is no guarantee of success of the plans of the Company’s management’s plans. Such Management’s plans are an effort to apply present knowledge and experience to project a future course of action which is hoped will result in financial success employing the Company’s assets and with the present level of management’s skills and of those whom the Company will need to attract (which cannot be assured). Additionally, all plans are capable of being frustrated by new or unrecognized or unappreciated present or future circumstances which can typically not be predictedaccurately, accurately or at all., predicted;

Appears in 3 contracts

Samples: Subscription Agreement (Globalpaynet Holdings, Inc.), Subscription Agreement (Pluris Energy Group Inc), Subscription Agreement (Pluris Energy Group Inc)

Economic Risk. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the Subscriber’s investment in and to any of the Securities, and the Subscriber is able to bear the economic risk of a total loss of the Subscriber’s investment in and to any of the Securities. The Subscriber understands that an investment in any of the Securities is a speculative investment and that there is no guarantee of success of the plans of the Company’s management. Such plans are an effort to apply present knowledge and experience to project a future course of action which is hoped will result in financial success employing the Company’s assets and with the present level of management’s skills and of those whom the Company will need to attract (which cannot be assured). Additionally, all plans are capable of being frustrated by new or unrecognized or unappreciated present or future circumstances which can typically not be predicted, accurately or at all.. (i) No representations as to resale. No person has made to the Subscriber any written or oral representations:

Appears in 1 contract

Samples: Subscription Agreement (Magnus International Resources, Inc.)

AutoNDA by SimpleDocs

Economic Risk. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the Subscriber’s 's investment in and to any of the SecuritiesShares, and the Subscriber is able to bear the economic risk of a total loss of the Subscriber’s 's investment in and to any of the SecuritiesShares. The Subscriber understands that an investment in any of the Securities Shares is a speculative investment and that there is no guarantee of success of the plans of the Company’s 's management. Such plans are an effort to apply present knowledge and experience to project a future course of action which is hoped will result in financial success employing the Company’s 's assets and with the present level of management’s 's skills and of those whom the Company will need to attract (which cannot be assured). Additionally, all plans are capable of being frustrated by new or unrecognized or unappreciated present or future circumstances which can typically not be predicted, accurately or at all.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Black Hawk Exploration)

Time is Money Join Law Insider Premium to draft better contracts faster.