Common use of Ability to Protect Its Own Interests and Bear Economic Risks Clause in Contracts

Ability to Protect Its Own Interests and Bear Economic Risks. By reason of the business and financial experience of its management, such Purchaser has the capacity to protect its own interests in connection with the Transaction. Such Purchaser is able to bear the economic risk of an investment in the Common Shares, and has an adequate income independent of any income produced from an investment in the Common Shares and has sufficient net worth to sustain a loss of all of its investment in the Common Shares without economic hardship if such a loss should occur. 5.6 Accredited Investor. Such Purchaser is an institutional “accredited investor” within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation D promulgated under the Securities Act.

Appears in 1 contract

Samples: Stock Purchase Agreement (HUGHES Telematics, Inc.)

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Ability to Protect Its Own Interests and Bear Economic Risks. By reason of the business and financial experience of its management, such Purchaser has the capacity to protect its own interests in connection with the Transaction. Such Purchaser is able to bear the economic risk of an investment in the Common Shares, and has an adequate income independent of any income produced from an investment in the Common Shares and has sufficient net worth to sustain a loss of all of its investment in the Common Shares without economic hardship if such a loss should occur. 5.6 Accredited Investor. Such Purchaser is an institutional “accredited investor” within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation D promulgated under the Securities Act.

Appears in 1 contract

Samples: Stock Purchase Agreement (HUGHES Telematics, Inc.)

Ability to Protect Its Own Interests and Bear Economic Risks. By reason of the business and financial experience of its management, such Purchaser has the capacity to protect its own interests in connection with the TransactionTransactions. Such Purchaser is able to bear the economic risk of an investment in the Common Shares, and has an adequate income independent of any income produced from an investment in the Common Shares and has sufficient net worth to sustain a loss of all of its investment in the Common Shares without economic hardship if such a loss should occur. 5.6 Accredited Investor. Such Purchaser is an institutional “accredited investor” within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation D promulgated under the Securities Act.

Appears in 1 contract

Samples: Stock Purchase Agreement (HUGHES Telematics, Inc.)

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Ability to Protect Its Own Interests and Bear Economic Risks. By reason of the business and financial experience of its management, such Purchaser has the capacity to protect its own interests in connection with the Transaction. Such Purchaser is able to bear the economic risk of an investment in the Common SharesSecurities, and has an adequate income independent of any income produced from an investment in the Common Shares Securities and has sufficient net worth to sustain a loss of all of its investment in the Common Shares Securities without economic hardship if such a loss should occur. 5.6 Accredited Investor. Such Purchaser is an institutional “accredited investor” within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation D promulgated under the Securities Act.

Appears in 1 contract

Samples: Stock Purchase Agreement (HUGHES Telematics, Inc.)

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