Common use of Knowledge and Experience of the Holder Clause in Contracts

Knowledge and Experience of the Holder. The Holder has the requisite knowledge and experience to evaluate the relative business and tax aspects and risks, or the Holder has relied upon the advice of experience advisors with regard to the relative business and tax aspects and risks, and other considerations involved in the conversion of the Indebtedness to the Shares.

Appears in 7 contracts

Sources: Conversion Agreement (Source Gold Corp.), Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Grid Petroleum Corp.), Conversion Agreement (MICROELECTRONICS TECHNOLOGY Co)

Knowledge and Experience of the Holder. The Holder has the requisite knowledge and experience to evaluate the relative business and tax aspects and risks, or the Holder has relied upon the advice of experience experienced advisors with regard to the relative business and tax aspects and risks, and other considerations involved in the conversion of the Indebtedness to the Shares.

Appears in 1 contract

Sources: Conversion Agreement (Uranium 308 Corp.)

Knowledge and Experience of the Holder. The Holder has the requisite knowledge and experience to evaluate the relative business and tax aspects and risks, or the Holder has relied upon the advice of experience advisors with regard to the relative business and tax aspects and risks, and other considerations involved in the conversion of the Indebtedness to the SharesRestricted Shares of Common Stock.

Appears in 1 contract

Sources: Agreement for Conversion of Indebtedness to Restricted Shares of Common Stock (No Borders, Inc.)

Knowledge and Experience of the Holder. The Holder has the requisite knowledge and experience to evaluate the relative business and tax aspects and risks, or the Holder has relied upon the advice of experience advisors with regard to the relative business and tax aspects and risks, and other considerations involved in the conversion of the Indebtedness to the Preferred Shares and Common Shares.

Appears in 1 contract

Sources: Conversion Agreement (Flitways Technology Inc.)