Common use of Purchaser Bears Economic Risk Clause in Contracts

Purchaser Bears Economic Risk. Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 11 contracts

Samples: Securities Purchase Agreement (Billserv Inc), Securities Purchase Agreement (Nestor Inc), Securities Purchase Agreement (Data Systems & Software Inc)

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Purchaser Bears Economic Risk. Purchaser It has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Purchaser must bear It acknowledges that investment in the economic risk private placement transactions involves a high degree of this investment until risk, and represents that it is able, without materially impairing its financial condition, to hold the Securities are sold pursuant Notes for a long period of time and to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is availablesuffer a complete loss of its investment.

Appears in 2 contracts

Samples: Note Purchase Agreement (Mortgageit Holdings Inc), Note Purchase Agreement (MortgageIT Holdings, Inc.)

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is availableavailable with respect to such sale.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tidel Technologies Inc), Securities Purchase Agreement (Tidel Technologies Inc)

Purchaser Bears Economic Risk. Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is availableby Purchaser.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ilive Inc/Nv)

Purchaser Bears Economic Risk. Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it Purchaser is capable of evaluating the merits and risks of its an investment in the Company and has the capacity to protect its Purchaser's own interests. Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 1 contract

Samples: Securities Purchase Agreement (InZon CORP)

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Purchaser Bears Economic Risk. Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Purchaser must bear the economic risk of this investment until the Purchased Securities are sold registered pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bestnet Communications Corp)

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to to: (i) an effective registration statement under the Securities Act, ; (ii) converted in accordance with the terms thereof; or (iiiii) an exemption from registration is availableavailable with respect to such sale.

Appears in 1 contract

Samples: Securities Purchase Agreement (Perfisans Holdings Inc)

Purchaser Bears Economic Risk. 5.3 Purchaser Bears Economic Risk Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Sports & Entertainment Inc/)

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