Business Experience Clause Samples
The Business Experience clause defines the minimum level of relevant experience a party must possess to enter into or perform under the agreement. Typically, it requires that a party has operated in a specific industry or field for a certain number of years, or has completed similar projects or contracts in the past. This clause ensures that only qualified and capable parties are involved, reducing the risk of non-performance or substandard work due to inexperience.
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Business Experience. Purchaser is capable of evaluating the merits and risks of Purchaser’s investment in the Company evidenced by purchase of the ISO Shares.
Business Experience. Purchaser is capable of evaluating the merits and risks of Purchaser’s investment in the Company evidenced by the purchase of the Plan Shares.
Business Experience. Purchaser is capable of evaluating the merits and risks of Purchaser’s investment in the Company evidenced by purchase of the NQO Shares.
Business Experience. The Holder is capable of evaluating the merits and risks of the transactions contemplated by this Agreement.
Business Experience. By reason of such Member’s business or financial experience, or by reason of the business or financial experience of its general partner, managing member, or financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate or selling agent of the Company, such Member is capable of evaluating the risks and merits of an investment in the Units and of protecting such Member’s own interests in connection with this investment.
Business Experience. The transferee and, if the transferee is an Entity, its Entity Owners must have sufficient business experience, aptitude and financial resources to operate its business and comply with this Agreement;
Business Experience. Optionee is capable of evaluating the merits and risks of Optionee’s investment in the Company evidenced by the purchase of the Purchased Shares.
Business Experience. Such Seller is capable of independently evaluating the merits and risks of the purchase by the Company of the Purchased Notes in exchange for such Seller’s Pro Rata Portion of the Wire Amount.
Business Experience. The following summarizes the occupation and business experience during the past five years for each director, executive officer, and significant employee of Company:
Business Experience. Such Stockholder is capable of evaluating the merits and risks of his investment in SETO by acquiring the SETO Shares pursuant to this Agreement.