Sufficient Knowledge and Experience Sample Clauses

The Sufficient Knowledge and Experience clause establishes that a party, typically the buyer or participant, possesses the necessary understanding and expertise to engage in the transaction or activity covered by the agreement. In practice, this means the party affirms they have evaluated the risks, sought independent advice if needed, and are not relying solely on the other party’s representations. This clause serves to protect the provider or seller by reducing liability, ensuring that the participant cannot later claim ignorance or lack of understanding as grounds for dispute.
POPULAR SAMPLE Copied 2 times
Sufficient Knowledge and Experience. ▇▇▇▇▇ has sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment in the Units.
View Source
Sufficient Knowledge and Experience. Management of Xcelerate has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of investments generally and of this investment in the Subject Interest in particular and is able to bear the economic risk of this investment with the full understanding that it can lose the entire investment.
View Source
Sufficient Knowledge and Experience. Has sufficient knowledge and experience in business and financial matters, or has received competent professional advice concerning AMCI and the transactions contemplated in this Agreement, to evaluate the risks thereof;
View SourceView Similar (4)
Sufficient Knowledge and Experience. ICM has sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment in the Units.
View Source
Sufficient Knowledge and Experience. The Initial Purchaser represents and warrants that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the prospective investment in the Bonds and the Conversion Shares, and has received or has access to all the information it considers necessary or appropriate for deciding whether to purchase the Bonds and the Conversion Shares.
View Source

Related to Sufficient Knowledge and Experience

  • Knowledge and Experience The Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Securities and of protecting its interests in connection with an acquisition of the Securities.

  • Knowledge Whenever a representation or warranty or other statement in this Agreement (including, without limitation, Schedule I hereto) is made with respect to a Person's "knowledge," such statement refers to such Person's employees or agents who were or are responsible for or involved with the indicated matter and have actual knowledge of the matter in question.

  • Experience A minimum of 1 year of IT work experience in computer systems or support with demonstrated working knowledge of basic hardware and software products and problem solving/troubleshooting skills.

  • Full Knowledge By their signatures, the parties acknowledge that they have carefully read and fully understand the terms and conditions of this Agreement, that each party has had the benefit of counsel, or has been advised to obtain counsel, and that each party has freely agreed to be bound by the terms and conditions of this Agreement.

  • Purchaser’s Knowledge The Seller shall not be liable for any Claim under or in respect of the Seller’s Warranties to the extent that the Purchaser is actually aware at the date of this Agreement (i) of the facts, matters or circumstances which are the subject matter of the Claim and (ii) that such facts, matters or circumstances could reasonably be expected to give rise to a Claim.