Common use of Investor Status; Etc Clause in Contracts

Investor Status; Etc. Such Purchaser certifies and represents to the Company that it is an “Accredited Investor” as defined in Rule 501 of Regulation D promulgated under the Securities Act and was not organized for the purpose of acquiring the Securities. Such Purchaser’s financial condition is such that it is able to bear the risk of holding the Securities for an indefinite period of time and the risk of loss of its entire investment. Such Purchaser has received, reviewed and considered all information it deems necessary in making an informed decision to make an investment in the Securities and has been afforded the opportunity to ask questions of and receive answers from the management of the Company concerning this investment and has sufficient knowledge and experience in investing in companies similar to the Company in terms of the Company’s stage of development so as to be able to evaluate the risks and merits of its investment in the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Canadian Superior Energy Inc), Securities Purchase Agreement (Warburg Pincus Private Equity Viii L P)

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Investor Status; Etc. Such Purchaser Seller certifies and represents to the Company Buyer that it is now, and at the time of the issuance of the Share Consideration, will be, an “Accredited Investor” as defined in Rule 501 of Regulation D promulgated under the Securities Act and was not organized for the purpose of acquiring the SecuritiesAct. Such PurchaserThe Seller’s financial condition is such that it is able to bear the risk of holding the Securities Share Consideration for an indefinite period of time and the risk of loss of its entire investment. Such Purchaser Seller has received, reviewed and considered all information it deems necessary in making an informed decision to make an investment in the Securities Share Consideration and has been afforded the opportunity to ask questions of and receive answers from the management of the Company Buyer concerning this investment and has sufficient knowledge and experience in investing in companies similar to the Company Buyer in terms of the CompanyBuyer’s stage of development so as to be able to evaluate the risks and merits of its investment in the CompanyBuyer.

Appears in 2 contracts

Samples: Shareholders Agreement (Terex Corp), Stock and Asset Purchase Agreement

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