Experience of Buyer Sample Clauses

Experience of Buyer. The Buyer, 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 Securities, and has so evaluated the merits and risks of such investment. The Buyer is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.
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Experience of Buyer. Buyer 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 Sellers' Common Stock, and has so evaluated the merits and risks of such investment.
Experience of Buyer. Buyer has the experience and sophistication necessary to evaluate the Corporation and the risks associated with the terminations contemplated hereby and is able to sustain a loss of its investment in the Corporation.
Experience of Buyer. Buyer, 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 Seller Securities, and has so evaluated the merits and risks of such investment. Bxxxx is able to bear the economic risk of an investment in the Seller Securities and, at the present time, is able to afford a complete loss of such investment.
Experience of Buyer. Buyer has previously operated a franchised -------------------- restaurant business and is familiar with restaurant operations.
Experience of Buyer. Such Buyer, 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 Securities, and has so evaluated the merits and risks of such investment. Such Buyer is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment. Such Buyer understands that nothing in the Transaction Documents or any other materials presented to such Buyer in connection with the purchase and sale of the Securities constitutes legal, tax or investment advice.
Experience of Buyer. (a) Buyer has knowledge and experience in transactions of the type engaged in by Seller in the conduct of its Retail Business, in the retail electric power and natural gas industry generally, including the nature of full and firm requirements transactions and the responsibilities related to retail electric power and natural gas customers, and in the Retail Business of Seller as it relates to performing and administering the Contracts and that Buyer is therefore capable of evaluating the risks and merits of purchasing and accepting the assignment of the Acquired Assets, and assuming the Assumed Liabilities; and (b) Buyer has relied on its own independent investigation of, and judgment with respect to the Acquired Assets and the Assumed Liabilities and the advice of its own legal, tax, economic, and other advisors, and, except for the express representations set forth in this Agreement or in any Ancillary Document, Buyer has not relied on any information, comments, statements, or representations furnished by Seller or any representative of, or consultants or advisors engaged by, Seller or agent thereof in determining to enter into this Agreement.
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Related to Experience of Buyer

  • Experience of Purchaser Purchaser, 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 Securities, and has so evaluated the merits and risks of such investment. Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

  • Experience of the Purchaser The Purchaser, 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 Securities, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

  • Experience of Such Purchaser Such Purchaser, 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 Securities, and has so evaluated the merits and risks of such investment. Such Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

  • Authority of Buyer Buyer has full corporate power and authority to enter into this Agreement and the Ancillary Documents to which Buyer is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Buyer of this Agreement and any Ancillary Document to which Buyer is a party, the performance by Buyer of its obligations hereunder and thereunder and the consummation by Buyer of the transactions contemplated hereby and thereby have been duly authorized by all requisite corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer, and (assuming due authorization, execution and delivery by Seller) this Agreement constitutes a legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms. When each Ancillary Document to which Buyer is or will be a party has been duly executed and delivered by Buyer (assuming due authorization, execution and delivery by each other party thereto), such Ancillary Document will constitute a legal and binding obligation of Buyer enforceable against it in accordance with its terms.

  • Investigation by Purchaser Seller will (a) provide Purchaser and its officers, employees, counsel, accountants, financial advisors, potential lenders, Purchaser's and potential lenders' consultants and other representatives (collectively, "Representatives") with full access, upon reasonable prior notice and during normal business hours, to the Employees and such other officers, employees and agents of Seller who have any responsibility for the operation of the Generating Assets, to Seller's accountants and to the Assets (including access to the Generating Assets sites), but only to the extent that such access does not unreasonably interfere with the operation of the Generating Assets and (b) make available to Purchaser and its Representatives, upon request a copy of each report, schedule or other document filed or received by Seller between the Bid Date and the Closing with or from the SEC, FERC, EPA, Montana Public Service Commission or any other relevant Governmental or Regulatory Authority and relating to the ownership, operation and maintenance of the Assets or the transactions contemplated by this Agreement, and all such information and data (including copies of Business Contracts, Transferable Permits, Fuel Contracts, Colstrip Contracts, Power Purchase/Exchange Agreements, Benefit Plans and other Business Books and Records) concerning the ownership, operation and maintenance of the Assets and the Assumed Liabilities as Purchaser or its Representatives reasonably may request in connection with such investigation, except to the extent that furnishing any such report, schedule, other document, information or data would violate any Law, Order (including any protective order or similar confidentiality obligation), Contract or License applicable to Seller or by which any of its Assets and Properties is bound. In furtherance of the foregoing, Seller agrees to cooperate with Purchaser in connection with Purchaser's efforts to obtain Purchaser Financing, as defined in Section 5.08. Seller's cooperation shall include the negotiation and execution of a consent with the lenders with respect to the Operative Agreements, which consent shall include providing such lenders with rights to cure a Purchaser default under the Operative Agreements; provided, however, that Seller shall not be obligated, in connection with such cooperation or consent, to take any action or enter into any agreement that would have any adverse effect on Seller or any of its rights or benefits under this Agreement or the Operative Agreements.

  • By Buyer At Closing, Buyer shall deliver to Seller the following:

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