Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, such knowledge, sophistication and experience in financial and business matters and in making investment decisions of this type that it is capable of (i) evaluating the merits and risks of an investment in the Securities and making an informed investment decision; (ii) protecting its own interest; and (iii) bearing the economic risk of such investment for an indefinite period of time.
Appears in 2 contracts
Sources: Investment Agreement (Homeland Security Network, Inc.), Investment Agreement (Probe Manufacturing Inc)
Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, has such knowledge, sophistication knowledge and experience in financial and business matters and in making investment decisions of this type that it is capable of (i) evaluating the merits and risks of an the prospective investment in the Securities and making an informed investment decision; (ii) protecting its own interest; and (iii) bearing the economic risk of such investment for an indefinite period of timeCompany.
Appears in 2 contracts
Sources: Membership Unit Purchase Agreement (Isun, Inc.), Note Purchase Agreement
Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, acknowledges that it (i) has such knowledge, sophistication knowledge and experience in financial and business matters and in making investment decisions of this type that it is capable of (i) independently evaluating the risks and merits of purchasing the Purchased Shares and it is capable of evaluating the merits and risks and can bear the economic risk of an its investment in the Securities and making an informed investment decisionPurchased Shares; (ii) protecting its own interesthas independently determined that the Purchased Shares are a suitable investment for it; and (iii) bearing has sufficient financial resources to bear the economic risk loss of such its entire investment for an indefinite period of timein the Shares.
Appears in 1 contract
Sources: Subscription Agreement (Uxin LTD)
Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, has (a) such knowledge, sophistication knowledge and experience in financial and business matters and in making investment decisions of this type that it is as to be capable of (i) evaluating the merits and risks of an investment in the Securities and making an informed investment decision; (ii) protecting its own interest; Shares and (iiib) bearing the ability to bear the economic risk risks of such investment for decision. Purchaser is an indefinite period “accredited investor” within the meaning of timeRule 501 of Regulation D promulgated under the Act.
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