Accredited Investors; Economic Risk; Sophistication. Except as disclosed on Schedule 16.2, each STOCKHOLDER represents and warrants that such STOCKHOLDER is an "accredited investor," as that term is defined in Regulation D promulgated by the SEC under the 1933 Act. The STOCKHOLDERS are able to bear the economic risk of an investment in the URSI Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of the proposed investment in the URSI Stock. The STOCKHOLDERS or their respective purchaser representatives have had an adequate opportunity to ask questions and receive answers from the officers of URSI concerning any and all matters relating to the transactions described herein including, without limitation, the background and experience of the current and proposed officers and directors of URSI, the plans for the operations of the business of URSI, the business, operations and financial condition of the Founding Companies other than the COMPANY, and any plans for additional acquisitions and the like.
Accredited Investors; Economic Risk; Sophistication. Except as --------------------------------------------------- disclosed in Schedule 16.2, each STOCKHOLDER represents and warrants that such STOCKHOLDER is an "accredited investor," as that term is defined in Regulation D promulgated by the SEC under the 1933 Act. The STOCKHOLDERS are able to bear the economic risk of an investment in the HDS Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of the proposed investment in the HDS Stock. The STOCKHOLDERS or their respective purchaser representatives have received all information they deemed material and had an adequate opportunity to ask questions and receive answers from the officers of HDS concerning any and all matters relating to the transactions described herein including, without limitation, the background and experience of the current and proposed officers and directors of HDS, the plans for the operations of the business of HDS, the business, operations and financial condition of the Founding Companies other than the COMPANY, and any plans for additional acquisitions and the like. All STOCKHOLDERS who are not "accredited investors" have been represented by qualified purchaser representatives.
Accredited Investors; Economic Risk; Sophistication. Each Stockholder represents and warrants that such Stockholder is an "accredited investor," as that term is defined in Regulation D promulgated by the Commission under the Securities Act. The Stockholder are able to bear the economic risk of an investment in the ATOW Shares acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of the proposed investment in the ATOW Shares. The Stockholder or their respective purchaser representatives have had an adequate opportunity to ask questions and receive answers from the officers of ATOW and ATOWSUB concerning any and all matters relating to the transactions described herein including, without limitation, the background and experience of the current and proposed officers and directors of ATOW and ATOWSUB, the plans for the operations of the business of ATOW and ATOWSUB, the business, operations and financial condition of the COMPANY, and any plans for additional acquisitions and the like.
