Common use of Experience, Financial Capability and Suitability Clause in Contracts

Experience, Financial Capability and Suitability. Subscriber is sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Shares. Subscriber acknowledges that the Shares have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and therefore cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. Subscriber understands that it must bear the economic risk of this investment until the Shares are sold pursuant to: (i) an effective registration statement under the Securities Act or (ii) an exemption from registration available with respect to such sale. Subscriber is able to bear the economic risk of an investment in the Shares for an indefinite period of time and to afford a complete loss of Subscriber’s investment in the Shares.

Appears in 109 contracts

Samples: RF Acquisition Corp II, Securities Subscription Agreement (VPC Impact Acquisition Holdings), Subscription Agreement (Hudson Executive Investment Corp. II)

AutoNDA by SimpleDocs

Experience, Financial Capability and Suitability. The Subscriber is is: (i) sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Shares. Subscriber acknowledges that Forward Purchase Securities and protect its own interests and (ii) able to bear the Shares economic risk of its investment in the Forward Purchase Securities for an indefinite period of time because the Forward Purchase Securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), ) and therefore cannot be sold by the Subscriber unless subsequently registered under the Securities Act or an exemption from such registration is available. Subscriber understands that it must bear the economic risk of this investment until the Shares are sold pursuant to: (i) an effective registration statement under the Securities Act or (ii) an exemption from registration available with respect to such sale. The Subscriber is able to bear the economic risk of an investment in the Shares for an indefinite period of time and to afford a complete loss of the Subscriber’s investment in the SharesForward Purchase Securities.

Appears in 2 contracts

Samples: MELI Kaszek Pioneer Corp, MELI Kaszek Pioneer Corp

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