Sophistication of Investor. The Investor either (a) has a preexisting personal or business relationship with the Company or its controlling Persons, such as would enable a reasonably prudent investor to be aware of the character and general business and financial circumstances of the Company or its controlling Persons, or (b) by reason of the Investor’s business or financial experience, individually or in conjunction with the Investor’s unaffiliated professional advisors, the Investor is capable of evaluating the merits and risks of an investment in the Shares, making an informed investment decision and protecting the Investor’s own interests.
Sophistication of Investor. The Investor either (i) has a pre-existing personal or business relationship with the Corporation or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation or its controlling persons, or (ii) by reason of the Investor's business or financial experience, individually or in conjunction with the Investor's unaffiliated professional advisors who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, is capable of evaluating the merits and risks of an investment in the Shares, making an informed investment decision and protecting the Investor's own interests in connection with the transactions contemplated hereby.
Sophistication of Investor. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating the merits and risks of an investment in the Series B Preferred Units. To the extent necessary, the Investor has retained, at its own expense, and relied Exchange Agreement upon, appropriate professional advice regarding the investment, tax, and legal merits and consequences of this Agreement and the ownership of the Series B Preferred Units.
Sophistication of Investor. By reason of its business or financial experience, Noah is capable of evaluating the risks and merits of an investment in Franklin and of protecting its own interests in connection with this investment.
Sophistication of Investor. By reason of its business or financial experience, Shining Sea is capable of evaluating the risks and merits of an investment in Noah and of protecting its own interests in connection with this investment.
Sophistication of Investor. (a) Investor is acquiring the Shares for Investor's own account, not as a nominee or agent, and not with a view to distributing any of the Shares in violation of federal or state securities laws.
Sophistication of Investor. The Investor has sufficient knowledge and experience of financial and business matters so that it is able to evaluate the merits and risks of purchasing the Securities and it has had substantial experience in previous private and public purchases of securities.
Sophistication of Investor. The Investor or the Investor’s representative is capable of evaluating the merits and risks of the purchase of the Notes. The Investor has the capacity to protect his or her own interests in connection with the purchase of the Notes by reason of the Investor’s business or financial experience or the business or financial experience of the Investor’s representative (who is unaffiliated with and who is not compensated by the Company or any affiliate, directly or indirectly).
Sophistication of Investor. Investor has evaluated the merits and risks of acquiring the Note and has such knowledge and experience in financial and business matters that Investor is capable of evaluating the merits and risks of such acquisition, is aware of and has considered the financial risks and financial hazards of acquiring the Note, Warrants and Warrant Shares and is able to bear the economic risk of acquiring such securities, including the possibility of a complete loss with respect thereto.
Sophistication of Investor. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating the merits and risks of an investment in the Series B Preferred Units. To the extent necessary, the Investor has retained, at its own expense, and relied upon, appropriate professional advice regarding the investment, tax, and legal merits and consequences of this Agreement and the ownership of the Series B Preferred Units. Exchange Agreement Exhibit 4.7 (h) No Public Market for the Series B Preferred Units. The Investor understands that there is no public market for the Series B Preferred Units, the Partnership does not intend for a public market in the Series B Preferred Units to develop, and such a public market is unlikely ever to develop.
