Common use of ECONOMIC RISK; SOPHISTICATION Clause in Contracts

ECONOMIC RISK; SOPHISTICATION. The Company and the Owners are able to bear the economic risk of an investment in AMP Common Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and has such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of the proposed investment and therefore has the capacity to protect his, her or its own interests in connection with the acquisition of the AMP Common Stock. The Company and the Owners or their purchaser representatives have had an adequate opportunity to ask questions and receive answers from the officers of AMP concerning any and all matters relating to the transactions described in the Registration Statement, including, without limitation, the background and experience of the officers and directors of AMP, the plans for the operations of the business of AMP and any plans for additional acquisitions and the like. The Company and the Owners or their purchaser representatives have asked any and all questions in the nature described in the preceding sentence and all questions have been answered to his, her or their satisfaction.

Appears in 4 contracts

Samples: Business Purchase Agreement (American Medical Providers Inc), Stock Purchase Agreement (American Medical Providers Inc), Stock Purchase Agreement (American Medical Providers Inc)

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ECONOMIC RISK; SOPHISTICATION. The Company and the Owners are Each Stockholder is able to bear the economic risk of an investment in AMP Acquiror Common Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and has such knowledge and experience in financial and business matters that they are he, she or it is capable of evaluating the merits and risks of the proposed investment and therefore has have the capacity to protect his, her or its own interests in connection with the acquisition of the AMP Acquiror Common Stock. The Company and the Owners Each Stockholder or their its purchaser representatives have had an adequate opportunity to ask questions and receive answers from the officers of AMP Acquiror concerning any and all matters relating to the transactions described in the Registration Statement, Statement including, without limitation, the background and experience of the officers and directors of AMPAcquiror, the plans for the operations of the business of AMP Acquiror, and any plans for additional acquisitions and the like. The Company and the Owners Each Stockholder or their its purchaser representatives have asked any and all questions in the nature described in the preceding sentence and all questions have been answered to his, her or their satisfaction.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger (Universal Document MGMT Systems Inc), Agreement and Plan of Merger (Universal Document MGMT Systems Inc)

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ECONOMIC RISK; SOPHISTICATION. The Company and the Owners are is able to bear the economic risk of an investment in AMP Common Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and has such knowledge and experience in financial and business matters that they are it is capable of evaluating the merits and risks of the proposed investment and therefore has the capacity to protect his, her or its own interests in connection with the acquisition of the AMP Common Stock. Stock The Company and the Owners or their its purchaser representatives have had an adequate opportunity to ask questions and receive answers from the officers of AMP concerning any and all matters relating to the transactions described in the Registration Statement, including, without limitation, the background and experience of the officers and directors of AMP, the plans for the operations of the business of AMP and any plans for additional acquisitions and the like. The Company and the Owners or their its purchaser representatives have asked any and all questions in the nature described in the preceding sentence and all questions have been answered to his, her or their satisfaction.

Appears in 2 contracts

Samples: Asset Purchase Agreement (American Medical Providers Inc), Asset Purchase Agreement (American Medical Providers Inc)

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