Ability to Bear Economic Risk of Investment. It recognizes that an investment in the Shares involves substantial risk. It has the ability to bear the economic risk of the prospective investment in the Shares, including the ability to hold the Shares indefinitely, and further including the ability to bear a complete loss of all of its investment in the Company.
Appears in 4 contracts
Sources: Stock Purchase Agreement (Quaint Oak Bancorp Inc), Stock Purchase Agreement (Quaint Oak Bancorp Inc), Stock Purchase Agreement (Quaint Oak Bancorp Inc)
Ability to Bear Economic Risk of Investment. It recognizes that an investment in the Shares Securities is a speculative investment that involves substantial risk, including risks related to the Company’s business, operating results, financial condition and cash flows, which risks it has carefully considered in connection with making an investment in the Securities. It has the ability to bear the economic risk of the prospective investment in the SharesSecurities, including the ability to hold the Shares Securities indefinitely, and further including the ability to bear a complete loss of all of its investment in the Company.
Appears in 1 contract
Sources: Securities Purchase Agreement (KLX Energy Services Holdings, Inc.)