Evaluation of and Ability to Bear Risks Sample Clauses

Evaluation of and Ability to Bear Risks. The Subscriber has such knowledge and experience in financial and business affairs that the Subscriber is capable of evaluating the merits and risks of purchasing, and other considerations relating to, the Securities to be purchased by the Subscriber pursuant to this Agreement, and the Subscriber has not relied in connection with the Subscriber’s purchase of Securities upon any representations, warranties or agreements of any person or entity other than the Company, and, with respect to the Company, only those representations, warranties and agreements set forth in this Agreement and the Memorandum. The Subscriber acknowledges that, except as set forth in this Agreement and the Memorandum, the Company did not make any representations or warranties whether expressed or implied, oral or written with respect to the purchase by the Subscriber of Securities. The Subscriber’s financial situation is such that the Subscriber can afford to bear the economic risk of holding the Securities for an indefinite period of time, and the Subscriber can afford to suffer the complete loss of the Subscriber’s Securities and capital contribution. The Subscriber is an “accredited investor” as such term is defined in rule 501 of Regulation D promulgated under the Securities Act, a copy of which is attached hereto as Exhibit A.
AutoNDA by SimpleDocs
Evaluation of and Ability to Bear Risks. Subscriber, along with his/her/its advisers, has such knowledge and experience in financial and business affairs that Subscriber is capable of evaluating the merits and risks of an investment in the Shares, including, but not limited to, those risks set forth in the Offering Circular. Subscriber understands his, her, or its rights and obligations as a stockholder of the Company. Subscriber has not relied upon any oral or written representations, warranties, covenants or agreements other than those expressly set forth in this Agreement and the Offering Circular. The Subscriber represents and agrees that none of the Company, its officers, or agents, have recommended an investment in the Company to the Subscriber.
Evaluation of and Ability to Bear Risks. Subscriber has such knowledge and experience in financial and business affairs that Subscriber is capable of evaluating the merits and risks of an investment in the Shares, including, but not limited to, those risks set forth in the Offering Circular. Subscriber understands his, her or its rights and obligations as a stockholder of the Company. Subscriber has not relied upon any oral or written representations, warranties, covenants or agreements other than those expressly set forth in this Agreement and the Offering Circular.
Evaluation of and Ability to Bear Risks. Such Exchanging Member has such knowledge and experience in financial affairs that he or she is capable of evaluating the merits and risks of, and other considerations relating to, the ownership of the shares of Common Stock received, and has not relied in connection with his or her acquisition of the shares of Common Stock received upon any representations, warranties or agreements other than those set forth in this Agreement. Such Exchanging Member's financial situation is such that he or she can afford to bear the economic risk of holding the shares of Common Stock for an indefinite period of time, and such Exchanging Member can afford to suffer the complete loss of his or her investment in such securities.
Evaluation of and Ability to Bear Risks. Such Exchanging Party has --------------------------------------- such knowledge and experience in financial affairs that he, she or it is capable of evaluating the merits and risks of, and other considerations relating to, the ownership of the Common Stock received, and has not relied in connection with his, her or its acquisition of the Common Stock received upon any representations, warranties or agreements other than those set forth in this Agreement. Such Exchanging Party's financial situation is such that he, she or it can afford to bear the economic risk of holding the Common Stock for an indefinite period of time, and such Exchanging Party can afford to suffer the complete loss of his, her or its investment in such securities.
Evaluation of and Ability to Bear Risks. The Subscriber has such knowledge and experience in financial and business affairs that the Subscriber is capable of evaluating the merits and risks of purchasing, and other considerations relating to, the Shares to be purchased by the Subscriber pursuant to this Subscription Agreement. The Subscriber’s financial situation is such that the Subscriber can afford to bear the economic risk of holding the Shares for an indefinite period of time, and the Subscriber can afford to suffer the complete loss of the Subscriber’s Shares and Capital Commitment. The Subscriber is an “accredited investor” as such term is defined in rule 501 of Regulation D promulgated under the 0000 Xxx. If the Subscriber is domiciled or has its registered office in the European Economic Area, the Subscriber represents that it qualifies as a “professional investor” which is considered to be a professional client or may, on request, be treated as a professional client within the meaning of Annex II to Directive 2014/65/EU (See Annex 3: European Economic Area Subscriber Representations).
Evaluation of and Ability to Bear Risks. The Subscriber has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of its investment in the Company and is able to bear such risks. The Subscriber has evaluated the risks of investing in the Company and has determined that this investment is suitable for it. The Subscriber has not relied in connection with this investment upon any representation, warranty, or agreement other than those set forth in this Agreement. The Subscriber’s financial situation is such that it can afford to bear the economic risk of holding the Ordinary Shares for which it has agreed to subscribe for an indefinite period of time, and it can afford to suffer the complete loss of its investment in the Company. The Subscriber understands that the Company does not have a significant financial or operating history.
AutoNDA by SimpleDocs
Evaluation of and Ability to Bear Risks. Buyer is aware of GMAC’s business affairs and financial condition and has acquired sufficient information about GMAC to reach an informed and knowledgeable decision to acquire the Shares. Buyer is purchasing the Shares for investment for Buyer’s own account only and not with a view to, or for resale in connection with, any “distribution” thereof within the meaning of the Securities Act of 1933, as amended (the “Act”).
Evaluation of and Ability to Bear Risks g. The Purchaser is entering into this Agreement for its own account for the purchase, not as a nominee or agent, and not with a view to, or for resale in connection with, the distribution thereof, and the Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the same. The Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of such purchase, is able to incur a complete loss of such purchase without impairing the Purchaser’s financial condition, and is able to bear the economic risk of such purchase for an indefinite period of time. The Purchaser understands that the Tokens to be delivered to the Purchaser may be deemed to be securities and may not be able to be resold or transferred unless in compliance with applicable securities Laws or unless and until the Company reasonably determines, based on the advice of legal counsel, and notifies the Purchaser that the Tokens are not securities and freely tradable. The Purchaser further represents that it has been provided the opportunity to ask the Company questions, and where applicable, has received answers from the Company regarding this Agreement.
Evaluation of and Ability to Bear Risks. Each Preferred Shareholder (a) is experienced, sophisticated and knowledgeable in business and financial matters and in the trading of securities, (b) is able to bear the business, financial and economic risks associated with the transactions contemplated by this Agreement and (c) understands the disadvantage that may result from selling the Series B Preference Shares without knowledge of any Confidential Information. Each such Preferred Shareholder, (a) by reason of its own business or financial experience or its own independent investigation, has the capability, and has information sufficient in order, (i) to make, and has so made, an informed decision on the merits and risks of entering into and consummating the Transactions and (ii) to protect its own interests in connection with the Transactions; (b) has had sufficient information and opportunity for satisfactory consultation, and has so consulted, with advisors, financial, legal or otherwise, of its choice with regard to the merits and risks of entering into and consummating the Transactions; and (c) has relied on its own business or financial experience or its own independent investigation, along with the representations, warranties, covenants and agreements made by TPRe in this Agreement and the information that TPRe has publicly filed with or furnished to the SEC, in determining to enter into and consummate the Transactions.
Time is Money Join Law Insider Premium to draft better contracts faster.