Common use of Sophisticated Buyer Clause in Contracts

Sophisticated Buyer. Buyer is sophisticated in financial matters and is able to evaluate the risks and benefits attendant to the purchase of the Forward Purchase Shares. The Buyer is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended.

Appears in 4 contracts

Samples: Forward Purchase Agreement (Aldel Financial Inc.), Forward Purchase Agreement (Aldel Financial Inc.), Forward Purchase Agreement (Aldel Financial Inc.)

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Sophisticated Buyer. Buyer is sophisticated in financial matters and is able to evaluate the risks and benefits attendant to the purchase of the Forward Purchase Shares. The Buyer is an informed and sophisticated Buyer, and possesses such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the acquisition of the Shares. Buyer is acquiring the Shares for investment and not with a view toward any resale or distribution thereof and is an “accredited investor investor” as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended.

Appears in 1 contract

Samples: Stock Purchase Agreement (Manitex International, Inc.)

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