Common use of Experience of the Purchaser Clause in Contracts

Experience of the Purchaser. The Purchaser 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 MFP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the MFP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 11 contracts

Samples: Mfp) Purchase Agreement (Bank of America Corp /De/), Initial Series a Munifund (Toronto Dominion Investments, Inc.), Series B Munifund Preferred Shares (Wells Fargo & Company/Mn)

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Experience of the Purchaser. The Purchaser 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 Additional MFP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Additional MFP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 2 contracts

Samples: Purchase Agreement (Bank of America Corp /De/), Purchase Agreement (Toronto Dominion Investments, Inc.)

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