Common use of Ability to Bear Risk Clause in Contracts

Ability to Bear Risk. The Subscriber represents and warrants that (i) the financial situation of the Subscriber is such that he can afford to bear the economic risk of holding the Shares purchased by him hereunder for an indefinite period, (ii) he can afford to suffer the complete loss of his investment in the Shares, (iii), Subscriber has adequate means of providing for his and his dependents' current needs and possible personal contingencies, (iv) has no need for liquidity in this investment, and (v) can afford a complete loss of such investment.

Appears in 5 contracts

Samples: Subscription Agreement (Atlantis Aquafarm Inc), Subscription Agreement (Atlantis Aquafarm Inc), Subscription Agreement (Atlantis Aquafarm Inc)

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Ability to Bear Risk. The Subscriber represents and warrants that (i) the financial situation of the Subscriber is such that he it can afford to bear the economic risk of holding the unregistered Shares purchased by him hereunder for an indefinite period, period and (ii) he it can afford to suffer the complete loss of his its investment in the Shares, (iii), Subscriber has adequate means of providing for his and his dependents' current needs and possible personal contingencies, (iv) has no need for liquidity in this investment, and (v) can afford a complete loss of such investment.

Appears in 2 contracts

Samples: Subscription Agreement (Vivus Inc), Subscription Agreement (Vivus Inc)

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