Common use of Pre-Existing Relationship Clause in Contracts

Pre-Existing Relationship. Such WRT Shareholder (i) has a pre-existing business relationship with Spacial or WRT, or one of their officers, directors or controlling persons and/or (ii) by reason of such WRT Shareholder's business or financial experience or the business or financial experience of such WRT Shareholder's professional advisors who are unaffiliated with, and who are not compensated by, Spacial, WRT or any affiliate of Spacial or WRT, directly or indirectly, can be reasonably assumed to have the capacity to protect such WRT Shareholder's interests in connection with the Exchange.