Common use of Information and Sophistication Clause in Contracts

Information and Sophistication. The Guarantor has received all the information it has requested from the Company that it considers necessary or appropriate for deciding whether to acquire the Warrant. The Guarantor has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the Warrant and to obtain any additional information necessary to verify the accuracy of the information given to the Guarantor. The Guarantor further represents that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risk of the investment in the Warrant and the Warrant Shares (collectively, the “Securities”).

Appears in 10 contracts

Samples: Payment and Security Agreement (Bioheart, Inc.), Payment and Security Agreement (Bioheart, Inc.), Payment and Security Agreement (Bioheart, Inc.)

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