Common use of Experience and Evaluation Clause in Contracts

Experience and Evaluation. By reason of the Selling Shareholder’s business or financial experience or the business or financial experience of the Selling Shareholder’s professional advisers who are unaffiliated with the Company and who are not compensated by the Company, the Selling Shareholder has the capacity to protect the Selling Shareholder’s own interests in connection with the sale of the Repurchase Shares to the Company. The Selling Shareholder is capable of evaluating the potential risks and benefits of the sale hereunder of the Repurchase Shares.

Appears in 3 contracts

Samples: Share Repurchase Agreement (Melco International Development LTD), Share Repurchase Agreement (Melco International Development LTD), Share Repurchase Agreement (Melco Resorts & Entertainment LTD)

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Experience and Evaluation. By reason of the Selling Shareholder’s business or financial experience or the business or financial experience of the Selling Shareholder’s professional advisers who are unaffiliated with the Company and who are not compensated by the Company, the Selling Shareholder has the capacity to protect the Selling Shareholder’s own interests in connection with the sale of the Repurchase Sale Shares to the Company. The Selling Shareholder is capable of evaluating the potential risks and benefits of the sale hereunder of the Repurchase Sale Shares.

Appears in 1 contract

Samples: Share Repurchase Agreement (Melco Crown Entertainment LTD)

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