Knowledge Respecting Purchaser Clause Samples
Knowledge Respecting Purchaser. Seller (i) knows or has had the opportunity to acquire all information concerning the business, affairs, financial condition, plans and prospects of Purchaser which Seller deems relevant to make a fully informed decision respecting the acquisition of the Purchaser Stock, (ii) has been encouraged and has had the opportunity to rely upon the advice of Seller's legal counsel and accountants and other advisers with respect to the acquisition of the Purchaser Stock, and (iii) has had the opportunity to ask such questions and receive such answers and information respecting, among other things, the business, affairs, financial condition, plans and prospects of Purchaser and the terms and conditions of the purchase of the Purchaser Stock as Purchaser has requested so as to more fully understand its investment.
Knowledge Respecting Purchaser. Shareholder and ▇▇. ▇▇▇▇▇▇▇ represent and acknowledge that (a) he or she is a sophisticated investor with knowledge and experience in business and financial matters, knows, or has had the opportunity to acquire, all information concerning the business, affairs, financial condition and prospects of Purchaser which he or she deems relevant to make a fully informed decision regarding the consummation of the transactions contemplated hereby and is able to bear the economic risk and lack of liquidity inherent in holding the Purchaser Stock and (b) he or she has been supplied with copies of all Forms 10-K, 10-Q and 8-K, and all proxy statements, filed by Purchaser within the two (2)-year period immediately preceding the date of this Agreement. Without limiting the foregoing, Shareholder and ▇▇. ▇▇▇▇▇▇▇ understand and acknowledge that neither Purchaser nor anyone acting on its behalf has made any representations or warranties other than those contained herein or in Purchaser's public filings respecting Purchaser or the future conduct of Purchaser's business or of Company's business, and neither Shareholder nor ▇▇. ▇▇▇▇▇▇▇ has relied upon any representations or warranties other than those contained herein or in such public filings in the belief that they were made on behalf of Purchaser.