Common use of Acknowledgement of Risk Clause in Contracts

Acknowledgement of Risk. Savia acknowledges that an investment in the 26,959,097 shares of Common Stock involves a high degree of risk and represents that it understands the economic risk of such investment. Savia is prepared to bear the economic risk of retaining the 26,959,097 shares of Common Stock for an indefinite period, without prejudice, however, to the rights of Savia, in accordance with this Agreement, lawfully to sell or otherwise dispose of all or any part of the 26,959,097 shares of Common Stock held by it.

Appears in 8 contracts

Samples: Agreement in Principle (Savia Sa De Cv), Agreement in Principle (Bionova Holding Corp), Exchange and Stock Issuance Agreement (Bionova Holding Corp)

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