Common use of Evaluation of Risks Clause in Contracts

Evaluation of Risks. The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Common Shares of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Ordinary Shares of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Shares and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Common Shares and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Common Stock of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Ordinary Shares and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Ordinary Shares, and has so evaluated the merits and risks of such investment. The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and ------------------- experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and --------------------- experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk. The Investor acknowledges that it has been furnished with, and has carefully read the applicable form of Debenture and form of Registration Rights Agreement.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It The Investor recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and -------------------- experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Securities of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It The Investor recognizes that its investment in the Company involves a high significant degree of riskrisk that the Investor may lose all or part of any investment made into the Common Stock.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Shares and the Promissory Note and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and -------------------- experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company Forefront involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of riskrisk and Investor the ability to bear the economic risks of its prospective investment and can afford the complete loss of such investment.

Evaluation of Risks. The Investor understands that an investment in the Company includes a high degree of risk, has such knowledge and experience in financial tax and business matters matters, investments, securities and private placements as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves Company, is in a high degree financial position to hold the securities issuable hereunder to the Investor for an indefinite period of risktime, and is able to bear the economic risk of, and withstand a complete loss of such investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Shares of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Ordinary Shares and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has Investors have such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes They recognize that its their investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor Each of the Investors has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the ADSs of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, regulatory, legal, tax and business matters as to be capable of fully evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Common Shares (including the loss of its entire investment in the Common Shares) and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has such knowledge and experience in financial tax financial, tax, and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It Investor recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has Investors have such knowledge and --------------------- experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk. The Investor acknowledges that it shall pay any and all withholding taxes assessed in connection with the transactions contemplated by this Agreement.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk. The Investor has the financial ability to bear the economic risk of the investment and has no need for liquidity with respect to the Investor's investment in the Company.

Evaluation of Risks. The Investor has such knowledge and experience ------------------- in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.and

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company Borrower and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has Investors have such knowledge and experience ------------------- in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes They recognize that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has Investors have such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk. The Investor acknowledges that it has been furnished with, and has carefully read the applicable form of Advance Warrant and the Registration Rights Agreement.

Evaluation of Risks. The Investor has Investors have such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes The Investors recognize that its their investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and ------------------- experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of riskrisk and can withstand the effects of a loss of its entire investment in the Company.

Evaluation of Risks. The Investor has Investors each have such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes They recognize that its their investment in the Company involves a high degree of risk.

Evaluation of Risks. The Such Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such knowledge and experience in financial financial, tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Common Shares of the Company and of protecting its interests in connection with this transactionthe transactions contemplated hereby. It recognizes The Investor, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Common Shares, and has so evaluated the merits and risks of such investment. The Investor acknowledges and agrees that its investment in the Company involves a high degree of risk, and that the Investor may lose all or a part of its investment.

Evaluation of Risks. The Investor has Investors have such knowledge and ------------------- experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

Evaluation of Risks. The Investor has such the requisite knowledge and experience in financial tax and business matters as to be capable of evaluating assess the relative merits and risks ofof this investment, and bearing or has relied upon the economic risks entailed by, advice of Investor’s professional advisors with regard to an investment in the Company. The Investor acknowledges that the Company has made available to it the opportunity to ask questions of and receive answers from the Company’s officers and directors concerning the terms and conditions of this Agreement and the business and financial condition of the Company, and Investor has received to its satisfaction, such information about the business and financial condition of the Company and the terms and conditions of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of riskAgreement as it has requested.