Common use of Sophistication Clause in Contracts

Sophistication. The Purchaser is an accredited investor, as described in Rule 501(a) promulgated under the Securities Act and has such experience in business and financial matters that it is capable of evaluating the merits and risk of an investment in the Company.

Appears in 6 contracts

Sources: Stock Purchase Agreement (MOPALS.COM, Inc.), Stock Purchase Agreement (MOPALS.COM, Inc.), Stock Purchase Agreement (MOPALS.COM, Inc.)

Sophistication. The Purchaser is an accredited investor, as described in ” within the meaning of Rule 501(a) promulgated under the Securities Act Act. The Purchaser understands and has is able to bear any economic risks associated with such experience in business and financial matters that it is capable of evaluating the merits and risk of an investment in the Companyinvestment.

Appears in 4 contracts

Sources: Share Purchase Agreement (Pershing Square Holdco, L.P.), Share Purchase Agreement (Pershing Square Holdco, L.P.), Share Purchase Agreement (Pershing Square Capital Management, L.P.)

Sophistication. The Purchaser is an accredited investor, as described that term is defined in Rule 501(a) under Regulation D promulgated under pursuant to the Securities Act and has such experience in business and financial matters that it Act. The Purchaser is capable of evaluating the merits and risk of an investment in its investment, and has not been organized for the Companypurpose of acquiring Shares.

Appears in 1 contract

Sources: Share Purchase Agreement (Cellular Biomedicine Group, Inc.)

Sophistication. The Purchaser Purchaser: (a) is an accredited investor, “Accredited Investor” as described that term is defined in Rule 501(a) 501 of Regulation D promulgated under the Securities Act and (b) has such knowledge and experience in financial and business and financial matters generally that it he is capable of evaluating the merits and risk risks of an investment in the CompanyShares.

Appears in 1 contract

Sources: Stock Purchase and Option Agreement (Berg Carl E)