Requisite Knowledge. The Purchaser represents that it has such knowledge and experience in business and financial matters with respect to investments in securities of privately-held, development-stage companies so as to enable it to understand and evaluate the risks of the Purchaser's investment in the Shares and to form an investment decision with respect thereto.
Appears in 3 contracts
Sources: Series a Preferred Stock Purchase Agreement (Ibasis Inc), Series B Preferred Stock Purchase Agreement (Ibasis Inc), Series C Preferred Stock Purchase Agreement (Ibasis Inc)