Common use of Knowledge and Experience in Business and Financial Matters Clause in Contracts

Knowledge and Experience in Business and Financial Matters. The Seller has such knowledge and experience in business and financial matters that he is capable of evaluating the risks of the prospective investment, and that the financial capacity of the Seller is of such proportion that the total cost of the Seller’s commitment in the Common Stock Consideration would not be material when compared with his total financial capacity.

Knowledge and Experience in Business and Financial Matters. The Each Seller has such knowledge and experience in business and financial matters that he is capable of evaluating the risks of the prospective investment, and that the her financial capacity of the Seller is of such proportion that the total cost of the Seller’s his commitment in the Common Stock Consideration Shares would not be material when compared with his her total financial capacity.