Common use of Personal Knowledge Clause in Contracts

Personal Knowledge. As of Purchaser's execution of this Agreement, Purchaser (i) has a preexisting personal and business relationship with the Company (ii) is thoroughly familiar with the Company's operations and its financial condition and (iii) has such knowledge and experience in financial and business matters (including experience with investments of a similar nature), that Purchaser is capable of evaluating the merits and risks of an investment in the Shares. PURCHASER RECOGNIZES THAT THE PURCHASE OF THE SHARES IS A SPECULATIVE INVESTMENT THAT INVOLVES A HIGH DEGREE OF RISK AND IS SUITABLE ONLY FOR PERSONS WITH THE FINANCIAL CAPABILITY OF MAKING AND HOLDING LONG-TERM INVESTMENTS NOT READILY REDUCIBLE TO CASH.

Appears in 1 contract

Sources: Restricted Stock Issuance Agreement (Collateral Therapeutics Inc)

Personal Knowledge. As of Purchaser's execution of this Agreement, Purchaser (i) has a preexisting personal and business relationship with the Company Company, (ii) is thoroughly familiar with the Company's operations and its financial condition and (iii) has such knowledge and experience in financial and business matters (including experience with investments of a similar nature), that Purchaser is capable of evaluating the merits and risks of an investment in the Shares. PURCHASER RECOGNIZES THAT THE PURCHASE OF THE SHARES IS A SPECULATIVE INVESTMENT THAT INVOLVES A HIGH DEGREE OF RISK AND IS SUITABLE ONLY FOR PERSONS WITH THE FINANCIAL CAPABILITY OF MAKING AND HOLDING LONG-TERM INVESTMENTS NOT READILY REDUCIBLE TO CASH.

Appears in 1 contract

Sources: Restricted Stock Issuance Agreement (Nanogen Inc)

Personal Knowledge. As of Purchaser's execution of this Agreement, Purchaser (i) has a preexisting personal and business relationship with the Company Corporation (ii) is thoroughly familiar with the CompanyCorporation's operations and its financial condition and (iii) has such knowledge and experience in financial and business matters (including experience with investments of a similar nature), that Purchaser is capable of evaluating the merits and risks of an investment in the Shares. PURCHASER RECOGNIZES THAT THE PURCHASE OF THE SHARES IS A SPECULATIVE INVESTMENT THAT INVOLVES A HIGH DEGREE OF RISK AND IS SUITABLE ONLY FOR PERSONS WITH THE FINANCIAL CAPABILITY OF MAKING AND HOLDING LONG-TERM INVESTMENTS NOT READILY REDUCIBLE TO CASH.

Appears in 1 contract

Sources: Stock Issuance Agreement (Collateral Therapeutics Inc)