Common use of Newly Formed Entity Clause in Contracts

Newly Formed Entity. The Investor recognizes that Parent was only recently formed and, accordingly, has no financial or operating history and that the investment in Parent is extremely speculative and involves a high degree of risk.

Appears in 3 contracts

Sources: Rollover Agreement (Sage Parent Company, Inc.), Rollover Agreement (Sage Parent Company, Inc.), Rollover Agreement (CBT Holdings LLC)

Newly Formed Entity. The Investor recognizes that Parent was only recently formed and, accordingly, has no financial or operating history and that the investment in Parent is extremely speculative and involves a high degree of risk.

Appears in 1 contract

Sources: Contribution and Subscription Agreement (Ss&c Technologies Inc)