Common use of Experience of Lender Clause in Contracts

Experience of Lender. Lender, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Shares, and has so evaluated the merits and risks of such investment. Lender is able to bear the economic risk of an investment in the Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 3 contracts

Samples: Security Agreement (Camber Energy, Inc.), Securities Purchase Agreement (Beyond Commerce, Inc.), Securities Purchase Agreement (Beyond Commerce, Inc.)

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Experience of Lender. The Lender, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Warrants and Warrant Shares, and has so evaluated the merits and risks of such investment. Lender Such Purchaser is able to bear the economic risk of an investment in the Warrants and Warrant Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Securities Issuance Agreement (BTHC X Inc)

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