Experience of the Seller. The Seller, 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 Exchange Shares, and has so evaluated the merits and risks of such investment. The Seller is able to bear the economic risk of an investment in the Exchange Shares and, at the present time, is able to afford a complete loss of such investment.
Appears in 2 contracts
Samples: Axonyx Inc, Axonyx Inc
Experience of the Seller. The Seller, 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 Exchange SharesSecurities, and has so evaluated the merits and risks of such investment. The Seller is able to bear the economic risk of an investment in the Exchange Shares Securities and, at the present time, is able to afford a complete loss of such investment.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Ability Inc.), Stock Purchase Agreement (Ability Inc.)
Experience of the Seller. The Seller, 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 Exchange SharesSecurities, and has so evaluated the merits and risks of such investment, and has received sufficient information regarding the Company and the Securities, and has had the opportunity to obtain additional information concerning the Company and its Securities as desired. The Seller is able to bear the economic risk of an investment in the Exchange Shares Securities and, at the present time, is able to afford a complete loss of such investment.
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