Common use of Sophisticated Purchaser Clause in Contracts

Sophisticated Purchaser. The Purchaser is a sophisticated Purchaser (as described in Rule 506(b)(2)(ii) of Regulation D) and an accredited Purchaser (as defined in Rule 501 of Regulation D), and Purchaser has such experience in business and financial matters that it is capable of evaluating the merits and risks of an investment in Common Stock. The Purchaser acknowledges that an investment in the Common Stock is speculative and involves a high degree of risk.

Sophisticated Purchaser. The Purchaser is a sophisticated Purchaser (as described in Rule 506(b)(2)(ii) of Regulation D) and an accredited Purchaser (as defined in Rule 501 of Regulation D), and Purchaser has (a) such knowledge and experience in financial and business and financial matters that it is as to be capable of evaluating the merits and risks of an investment in Common Stockthe Shares and (b) the ability to bear the economic risks of such investment decision. The Purchaser acknowledges that is an investment in “accredited investor” within the Common Stock is speculative and involves a high degree meaning of riskRule 501 of Regulation D promulgated under the Act.

Sophisticated Purchaser. The Purchaser is a sophisticated purchaser of securities and has examined the Securities and has independently determined the value thereof. Purchaser (is an "Accredited investor" as described in Rule 506(b)(2)(ii) of Regulation D) and an accredited Purchaser (as such term is defined in Rule 501 of Regulation DD promulgated under the Securities Act of 1933, as amended (the "Securities Act"), and Purchaser has such experience in business and financial matters that it is capable of evaluating the merits and risks of an investment in Common Stock. The Purchaser acknowledges that an investment in the Common Stock is speculative and involves a high degree of risk.