Knowledge and Experience in Business and Financial Matters. The Lender has such knowledge and experience in business and financial matters that he is capable of evaluating the risks of the prospective investment, and that the financial capacity of such party is of such proportion that the person’s proportion of the Loan Amount would not be material when compared with his total financial capacity.
Appears in 5 contracts
Samples: Bridge Loan Agreement (PSM Holdings Inc), Bridge Loan Agreement (PSM Holdings Inc), Bridge Loan Agreement (PSM Holdings Inc)
Knowledge and Experience in Business and Financial Matters. The parties representing the Lender has in this transaction have such knowledge and experience in business and financial matters that he is they are capable of evaluating the risks of the prospective investmentinvestment in the Borrower, and that the financial capacity of such party the Borrower is of such proportion that the person’s proportion total amount of the Loan Amount to the Borrower would not be material when compared with his its total financial capacity.
Appears in 2 contracts
Samples: Loan Agreement (White Mountain Titanium Corp), Loan Agreement (White Mountain Titanium Corp)
Knowledge and Experience in Business and Financial Matters. The Lender Lender, either individually or together with his, her, or its purchaser representative, has such knowledge and experience in business and financial matters that he he, she, or it is capable of evaluating the risks of the prospective investment, and that the financial capacity of such party is of such proportion that the total cost of such person’s proportion of commitment in the Loan Amount loaned funds would not be material when compared with his his, her, or its total financial capacity.
Appears in 1 contract
