Sophistication and Knowledge. Each Purchaser or his representative has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the purchase of the Shares. Each Purchaser can bear the economic risks of this investment and can afford a complete loss of his investment.
Appears in 2 contracts
Sources: Series D Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc), Series C Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)
Sophistication and Knowledge. Each The Purchaser or his its representative has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the purchase of the Shares. Each The Purchaser can bear the economic risks of this investment and can afford a complete loss of his its investment.
Appears in 1 contract
Sources: Series E Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)