Common use of Experience and Knowledge Clause in Contracts

Experience and Knowledge. The Stockholder: (a) has sufficient knowledge and experience in business and financial matters and with respect to investment in restricted securities so as to enable it to analyze and evaluate the merits and risks of the investment contemplated hereby; (b) is able to bear the economic risk of such investment; and (c) is an "Accredited Investor" as defined in Rule 501(a) of Regulation D under the Act. The Stockholder is aware of Markland’s business affairs and condition and has acquired sufficient information about Markland to reach an informed and knowledgeable decision to acquire shares of Markland Preferred. Stockholder acknowledges that it has read and understa▇▇▇ ▇▇▇ ▇▇lative rights and preferences and other terms of the Markland Preferred as set ▇▇▇▇▇ ▇n the Certificate of Designations relating thereto.

Experience and Knowledge. The Stockholder: (a) has sufficient knowledge and experience in business and financial matters and with respect to investment in restricted securities so as to enable it to analyze and evaluate the merits and risks of the investment contemplated hereby; (b) is able to bear the economic risk of such investment; and (c) is an "Accredited Investor" as defined in Rule 501(a) of Regulation D under the Act. The Stockholder is aware of Markland’s business affairs and condition and has acquired sufficient information about Markland to reach an informed and knowledgeable decision to acquire shares of Markland Preferred. Stockholder acknowledges that it has read and understa▇▇▇ ▇▇▇ ▇▇lative ▇▇▇▇s the relative rights and preferences and other terms of the Markland Preferred as set Preferre▇ ▇▇▇ ▇▇▇ ▇n forth in the Certificate of Designations relating thereto.