Common use of Ability to Bear Economic Risk Clause in Contracts

Ability to Bear Economic Risk. The Purchaser acknowledges that investment in the Units involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Units for an indefinite period of time and to suffer a complete loss of its investment.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

AutoNDA by SimpleDocs

Ability to Bear Economic Risk. The Purchaser Investor acknowledges that investment in the Units Units, and in the securities underlying the Units, involves a high degree of risk, risk and represents that it is able, without materially impairing its financial condition, to hold the Units Units, and the securities underlying the Units, for an indefinite period of time and to suffer a complete loss of its investment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bio Plexus Inc)

AutoNDA by SimpleDocs

Ability to Bear Economic Risk. The Purchaser acknowledges that investment in the Units Unit involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Units Unit for an indefinite period of time and to suffer a complete loss of its investment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nexeon Medsystems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.