Representation of Lender. (a) ▇▇▇▇▇▇ has all requisite power and authority to execute and deliver this Agreement and any other document contemplated by this Agreement to be signed by the Borrower and to perform its obligations hereunder and to consummate the Transaction contemplated herein. (b) This Agreement involves a high degree of risk and Lender acknowledges that Lender can bear its complete economic risk. (c) ▇▇▇▇▇▇ has the sophistication, knowledge and business acumen necessary to adequately evaluate funding the Principal Amount to the Borrower and understands completely the terms, conditions, and risks associated with same.
Appears in 2 contracts
Sources: Loan Agreement (Meso Numismatics, Inc.), Loan Agreement (Meso Numismatics, Inc.)