Common use of Experience of the Purchaser Clause in Contracts

Experience of the Purchaser. Such Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Debentures, and has so evaluated the merits and risks of such investment. Such Purchaser has had the opportunity to ask questions and obtain information necessary to make an investment decision. To the extent the undersigned has taken advantage of such opportunity, they have received satisfactory answers concerning the purchase of the Debentures. Such Purchaser understands that the offer and sale of the Debentures is being made only by means of this Agreement. Such Purchaser understands that the Company has not authorized the use of, and such Purchaser confirms that such Purchaser is not relying upon any other information, written or oral, other than material contained in this Agreement and the Transaction Documents. Such Purchaser is able to bear the economic risk of an investment in the Debentures and, at the present time, is able to afford a complete loss of such investment and its financial condition is such that it has no need for liquidity with respect to its investment in the Debentures to satisfy any existing or contemplated undertaking or indebtedness. Such Purchaser has discussed with its professional, legal, tax and financial advisers the suitability of an investment in the Company by the undersigned for its particular tax and financial situation. All information that the undersigned has provided to the Company concerning itself and its financial position is correct and complete as of the date set forth below, and if there should be any material change in such information, the undersigned will immediately provide such information to the Company.

Appears in 3 contracts

Samples: Debenture Purchase Agreement (Luxeyard, Inc.), Debenture Purchase Agreement (Cytosorbents Corp), Debenture Purchase Agreement (BeesFree, Inc.)

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Experience of the Purchaser. Such The Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the DebenturesSecurities, and has so evaluated the merits and risks of such investment. Such The Purchaser has had the opportunity to ask questions and obtain information necessary to make an investment decision. To the extent the undersigned has taken advantage of such opportunity, they have received satisfactory answers concerning the purchase of the DebenturesSecurities. Such The Purchaser understands that the offer and sale of the Debentures Securities is being made only by means of this Agreement. Such The Purchaser understands that the Company has not authorized the use of, and such the Purchaser confirms that such the Purchaser is not relying upon any other information, written or oral, other than material contained in this Agreement and the Transaction Documents. Such The Purchaser is able to bear the economic risk of an investment in the Debentures Securities and, at the present time, is able to afford a complete loss of such investment and its financial condition is such that it has no need for liquidity with respect to its investment in the Debentures Securities to satisfy any existing or contemplated undertaking or indebtedness. Such The Purchaser has discussed with its professional, legal, tax and financial advisers the suitability of an investment in the Company by the undersigned for its particular tax and financial situation. All information that the undersigned has provided to the Company concerning itself and its financial position is correct and complete as of the date set forth below, and if there should be any material change in such information, the undersigned will immediately provide such information to the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (InspireMD, Inc.), Securities Purchase Agreement (InspireMD, Inc.)

Experience of the Purchaser. Such The Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the DebenturesShares, and has so evaluated the merits and risks of such investment. Such The Purchaser has had the opportunity to ask questions and obtain information necessary to make an investment decision. To the extent the undersigned has taken advantage of such opportunity, they have received satisfactory answers concerning the purchase of the DebenturesShares. Such Purchaser understands that the offer and sale of the Debentures Shares is being made only by means of this Agreement. Such Purchaser understands that the Company has not authorized the use of, and such Purchaser confirms that such Purchaser is not relying upon any other information, written or oral, other than material contained in this Agreement, the Offering Memorandum accompanying this Agreement and the Transaction Documents. Such The Purchaser is able to bear the economic risk of an investment in the Debentures Shares and, at the present time, is able to afford a complete loss of such investment and its financial condition is such that it has no need for liquidity with respect to its investment in the Debentures Shares to satisfy any existing or contemplated undertaking or indebtedness. Such The Purchaser has discussed with its professional, legal, tax and financial advisers the suitability of an investment in the Company by the undersigned for its particular tax and financial situation. All information that the undersigned has provided to the Company concerning itself and its financial position is correct and complete as of the date set forth below, and if there should be any material change in such information, the undersigned will immediately provide such information to the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Regenicin, Inc.), Securities Purchase Agreement (Confederate Motors, Inc.)

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Experience of the Purchaser. Such The Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the DebenturesSecurities, and has so evaluated the merits and risks of such investment. Such The Purchaser has had the opportunity to ask questions and obtain information necessary to make an investment decision. To the extent the undersigned has taken advantage of such opportunity, they have received satisfactory answers concerning the purchase of the DebenturesSecurities. Such Purchaser understands that the offer and sale of the Debentures Securities is being made only by means of this Agreement. Such Purchaser understands that the Company has not authorized the use of, and such Purchaser confirms that such Purchaser Investor is not relying upon any other information, written or oral, other than material contained in this Agreement and the Transaction Documents. Such The Purchaser is able to bear the economic risk of an investment in the Debentures Securities and, at the present time, is able to afford a complete loss of such investment and its financial condition is such that it has no need for liquidity with respect to its investment in the Debentures Securities to satisfy any existing or contemplated undertaking or indebtedness. Such The Purchaser has discussed with its professional, legal, tax and financial advisers the suitability of an investment in the Company by the undersigned for its particular tax and financial situation. All information that the undersigned has provided to the Company concerning itself and its financial position is correct and complete as of the date set forth below, and if there should be any material change in such information, the undersigned will immediately provide such information to the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mojo Ventures, Inc)

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