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 Series 1 VRDP 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 Series 1 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 4 contracts

Samples: Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.), Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.), Initial Series (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 Series 1 3 VRDP 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 Series 1 3 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 2 contracts

Samples: Remarketing Purchase Agreement (Wells Fargo & Company/Mn), Agreement (Wells Fargo & Company/Mn)

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 Series 1 2 VRDP 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 Series 1 2 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 2 contracts

Samples: Agreement (Wells Fargo & Company/Mn), Remarketing Purchase Agreement (Wells Fargo & Company/Mn)

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 Series 1 5 VRDP 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 Series 1 5 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Agreement (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 Series 1 8 VRDP 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 Series 1 8 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Agreement (Wells Fargo & Company/Mn)

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