Speculative Nature and Risk. Purchaser understands and --------------------------- acknowledges the speculative nature of and substantial risk of loss associated with an investment in the Shares. Purchaser represents and warrants that the Shares constitute an investment which is suitable and consistent with Purchaser's financial condition and that Purchaser is able to bear the risks of this investment for an indefinite period of time, which may include the total loss of Purchaser's investment in the Shares. Purchaser further represents that (a) Purchaser has adequate means of providing for Purchaser's current financial needs and contingencies, (b) there is no need for liquidity in Purchaser's investment in the Shares, and (c) Purchaser has sufficient financial and business experience to evaluate the merits and risks of an investment in the Shares.
Speculative Nature and Risk. Marex understands and acknowledges the speculative nature of and substantial risk of loss associated with an investment in the Joint Venture and further acknowledges that there is no guarantee that the Joint Venture will economically acquire, recover or sell cargo or other property on acceptable terms to allow the business of the Joint Venture to proceed as currently planned.
Speculative Nature and Risk. Subscriber understands and acknowledges the speculative nature of and risks of loss associated with an investment in the Note, which may be subject to dilution if converted into restricted common stock under the provisions herein. Subscriber understands and acknowledges that the Note subscribed for constitutes an investment which is suitable and consistent with Subscriber’s overall investments program and that Subscriber’s financial condition enables Subscriber to bear the risks of this investment for an indefinite period of time, which may include the total loss of any and all payments made to the Company. Subscriber further represents that Subscriber has adequate means of providing for his current financial needs and personal contingencies and no need for liquidity on this investment and that Subscriber has sufficient financial and business experience to evaluate the merits and risks of an investment in the Company.
Speculative Nature and Risk. NRG/Continental understands and ---------------------------- acknowledges the speculative nature of and substantial risk of loss associated with an investment in the Joint Venture. NRG/Continental further acknowledges that there is no guarantee that the Joint Venture will economically mine, recover or sell a sufficient volume of diamonds on acceptable terms to allow the business of the Joint Venture to proceed as currently planned. In agreeing to participate in the Joint Venture NRG/Continental acknowledges that it constitutes an investment which is suitable and consistent with its financial condition and that it is able to bear the risks of this investment for an indefinite period of time, which may include the total loss of its investment. NRG/Continental further represents that it has adequate means of providing for its current financial needs and corporate contingencies and no need for liquidity in its investment in the Joint Venture and that it has sufficient financial and business experience to evaluate the merits and risks of this investment.
Speculative Nature and Risk. Imperial understands and acknowledges the ---------------------------- speculative nature of and substantial risk of loss associated with an investment in the Joint Venture. Imperial further acknowledges that there is no guarantee that the Joint Venture will economically mine, recover or sell a sufficient volume of diamonds on acceptable terms to allow the business of the Joint Venture to proceed as currently planned. In agreeing to participate in the Joint Venture, Imperial acknowledges that it constitutes an investment which is suitable and consistent with its financial condition and that it is able to bear the risks of this investment for an indefinite period of time, which may include the total loss of its investment. Imperial further represents that it has adequate means of providing for its current financial needs and corporate contingencies and no need for liquidity in its investment in the Joint Venture and that it has sufficient financial and business experience to evaluate the merits and risks of this investment.
Speculative Nature and Risk. ECT acknowledges the speculative nature of and the risks associated with an investment in the Company. ECT confirms that it has fully considered and understands for purposes of this investment, in consultation with its legal, accounting, tax, or other advisors, that (a) the Company has limited financial operating history, (b) the Membership Interest is a speculative investment which involves Syntroleum-Enron Purchase Agreement ------------------------------------------------------------------------------- CONFIDENTIAL a high degree of risk, and (c) there are substantial restrictions on the transferability of, and there will be no public market for, the Membership Interest.
Speculative Nature and Risk. Unistar understands and --------------------------- acknowledges the speculative nature of and substantial risk of loss associated with an investment in the Shares. Unistar represents and warrants that the Shares constitute an investment which is suitable and consistent with Unistar's financial condition and that Unistar is able to bear the risks of this investment for an indefinite period of time, which may include the total loss of Unistar's investment in VGT. Unistar further represents that Unistar has adequate means of providing for Unistar's current financial needs and corporate contingencies and that there is no need for liquidity in Unistar's investment in the Shares and that Unistar has sufficient financial and business experience to evaluate the merits and risks of an investment in VGT.
Speculative Nature and Risk. Acting on behalf of the entity to-be-formed, PEAK CONCEPTS LLC (a) understands and acknowledges the speculative nature of and substantial risk of loss associated with an investment in the Joint Venture and in MIDAMERICA; (b) further acknowledges that there is no guarantee that the Joint Venture or MIDAMERICA will economically acquire, recover or sell a sufficient volume of oil or other products on acceptable terms to allow the business of the Joint Venture or MIDAMERICA to proceed as currently planned; (c) in agreeing to participate in the Joint Venture and MIDAMERICA, acknowledges that it constitutes an investment which will be suitable and consistent with its financial condition and that it will be able to bear the risks of this investment for an indefinite period of time, which may include the total loss of its investment; and (d) further represents that it will have adequate means of providing for its current financial needs and corporate contingencies and no need for liquidity in its investment in the Joint Venture and MIDAMERICA and that it has sufficient financial and business experience to evaluate the merits and risks of this investment.
Speculative Nature and Risk. ARRAKIS understands and acknowledges the speculative nature of and substantial risk of loss associated with an investment in the Joint Venture and MIDAMERICA. ARRAKIS further acknowledges that there is no guarantee that the Joint Venture and MIDAMERICA will economically acquire, recover or sell a sufficient volume of oil and natural gas on acceptable terms to allow the business of the Joint Venture and MIDAMERICA to proceed as currently planned. In agreeing to participate in the Joint Venture and MIDAMERICA, ARRAKIS acknowledges that it constitutes an investment which is suitable and consistent with its financial condition and that it is able to bear the risks of this investment for an indefinite period of time, which may include the total loss of its investment. ARRAKIS further represents that it has adequate means of providing for its current financial needs and corporate contingencies and no need for liquidity in its investment in the Joint Venture and MIDAMERICA and that it has sufficient financial and business experience to evaluate the merits and risks of this investment.
Speculative Nature and Risk. LESSEE understands and acknowledges the ---------------------------- ------ speculative nature of and substantial risk of loss associated with an investment in the Gold Certificate. In agreeing to lease the Gold Certificate, LESSEE ------ acknowledges that it constitutes an investment which is suitable and consistent with its financial condition and that it is able to bear the risks of this investment for an indefinite period of time. LESSEE further acknowledges that the Gold Certificates are backed by in-ground gold reserves and that LESSEE has reviewed the available reserve reports, assays and other materials and has satisfied itself as to the sufficiency of the reserves thereof. LESSEE further represents ------ that it has adequate means of providing for its current financial needs and corporate contingencies and no need for liquidity in its investment and that it has sufficient financial and business experience to evaluate the merits and risks of this investment.
