Common use of Lack of Liquidity Clause in Contracts

Lack of Liquidity. The Investor confirms that it is able to bear the economic risk of this investment, and to hold the Securities for an indefinite period of time. The Investor has sufficient liquid assets so that the illiquidity associated with this investment will not cause any undue financial difficulties or affect the undersigned Investor’s ability to provide for its current needs and possible financial contingencies, and that its commitment to all speculative investments is reasonable in relation to its net worth and annual income.

Appears in 1 contract

Samples: Series a Preferred Stock Subscription Agreement (iSpecimen Inc.)

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Lack of Liquidity. The Investor confirms that it he is able (i) to bear the economic risk of this investment, and (ii) to hold the Securities for an indefinite period of time. The Investor has sufficient liquid assets so that the illiquidity associated with this investment will not cause any undue financial difficulties or affect the undersigned Investor’s undersigned's ability to provide for its his current needs and possible financial contingencies, and that its his commitment to all speculative investments is reasonable in relation to its his net worth and annual income.

Appears in 1 contract

Samples: Focus Enhancements Inc

Lack of Liquidity. The Investor confirms that it is able to bear the economic risk of this investment, and to hold the Securities Common Shares for an indefinite period of time. The Investor has sufficient liquid assets so that the illiquidity associated with this investment will not cause any undue financial difficulties or affect the undersigned Investor’s ability to provide for its current needs and possible financial contingencies, and that its commitment to all speculative investments is reasonable in relation to its net worth and annual income.

Appears in 1 contract

Samples: Capital Commitment Agreement (iSpecimen Inc.)

Lack of Liquidity. The Investor confirms that it is able to bear the economic risk of this investment, and to hold the Securities Notes for an indefinite period of time. The Investor has sufficient liquid assets so that the illiquidity associated with this investment will not cause any undue financial difficulties or affect the undersigned Investorundersigned’s ability to provide for its current needs and possible financial contingencies, and that its commitment to all speculative investments is reasonable in relation to its net worth and annual income.

Appears in 1 contract

Samples: Note Subscription Agreement (iSpecimen Inc.)

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Lack of Liquidity. The Investor confirms that it s/he is able (i) to bear the economic risk of this investment, and (ii) to hold the Securities for an indefinite period of time. The Investor has sufficient liquid assets so that the illiquidity associated with this investment will not cause any undue financial difficulties or affect the undersigned Investor’s undersigned's ability to provide for its his current needs and possible financial contingencies, and that its his commitment to all speculative investments is reasonable in relation to its his net worth and annual income.

Appears in 1 contract

Samples: Greenman Technologies Inc

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