Common use of Adequate Means Clause in Contracts

Adequate Means. Each Purchaser represents as to such Purchaser that such Purchaser (i) has adequate means of providing for such Purchaser's current financial needs and possible contingencies; and (ii) can afford (a) to hold unregistered securities for an indefinite period of time as required; and (b) sustain a complete loss of the entire amount of the subscription.

Appears in 11 contracts

Samples: Securities Purchase Agreement (Auto Data Network), Securities Purchase Agreement (Auto Data Network), Share Purchase Agreement (Enhance Biotech Inc)

AutoNDA by SimpleDocs

Adequate Means. Each Purchaser represents as to such Purchaser that such Purchaser (i) has adequate means of providing for such Purchaser's ’s current financial needs and possible contingencies; and (ii) can afford (a) to hold unregistered securities for an indefinite period of time as required; and (b) sustain a complete loss of the entire amount of the subscription.

Appears in 3 contracts

Samples: Subscription Agreement (BioDrain Medical, Inc.), Subscription Agreement (BioDrain Medical, Inc.), Subscription Agreement (BioDrain Medical, Inc.)

Adequate Means. Each Purchaser represents as to such Purchaser that such Purchaser (i) in the case of an individual only, has adequate means of providing for such Purchaser's current financial needs and possible contingencies; and (ii) can afford (a) to hold unregistered securities for an indefinite period of time as required; and (b) sustain a complete loss of the entire amount of the subscription.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Bioenvision Inc), Securities Purchase Agreement (Soros George)

Adequate Means. Each The Purchaser represents as to such Purchaser that such Purchaser (i) has adequate means of providing for such Purchaser's ’s current financial needs and possible contingencies; and (ii) can afford (a) to hold unregistered securities for an indefinite period of time as required; and (b) sustain a complete loss of the entire amount of the subscription.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Monster Arts Inc.), Stock Purchase Agreement (Monster Offers)

AutoNDA by SimpleDocs

Adequate Means. Each Purchaser represents as to such Purchaser that such Purchaser (i) has adequate means of providing for such Purchaser's ’s current financial needs and possible contingencies; and (ii) can afford (a) to hold unregistered securities for an indefinite period of time as required; and (b) sustain a complete loss of the entire amount of the subscription.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Eugene Science), Note and Warrant Purchase Agreement (Eugene Science)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!