Common use of Experience of Holder Clause in Contracts

Experience of Holder. The Holder, 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 Holder 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.

Appears in 6 contracts

Samples: Ayala Pharmaceuticals, Inc., Ayala Pharmaceuticals, Inc., Ayala Pharmaceuticals, Inc.

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

Appears in 3 contracts

Samples: Agreement (eFleets Corp), Agreement (eFleets Corp), Agreement (eFleets Corp)

Experience of Holder. The Each Holder, 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 Each Holder 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.

Appears in 3 contracts

Samples: Series a Exchange Agreement (MobileSmith, Inc.), Series a Exchange Agreement (MobileSmith, Inc.), Series B Exchange Agreement (Tapinator, Inc.)

Experience of Holder. The Holder, 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 Holder 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.

Appears in 2 contracts

Samples: Modification Agreement (American Standard Energy Corp.), And Transfer Restriction Agreement (Secured Services Inc)

Experience of Holder. The Holder, 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 Such Holder 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.

Appears in 2 contracts

Samples: Exchange Agreement (PaxMedica, Inc.), Exchange Agreement (PaxMedica, Inc.)

Experience of Holder. The Holder, 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 this Note and the SecuritiesConversion Shares, and has so evaluated the merits and risks of such investment. The Holder Such Purchaser is able to bear the economic risk of an investment in this Note and the Securities Conversion Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 2 contracts

Samples: Note Modification Agreement (Atrinsic, Inc.), Note Modification Agreement (Atrinsic, Inc.)

Experience of Holder. The Holder, 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 Holder is able to bear the economic risk of an investment in the Securities and, at the present time, and is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Elinear Inc

Experience of Holder. The Holder, 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 SecuritiesPurchase Warrant and the Shares, as applicable, and has so evaluated the merits and risks of such investment. The Holder is able to bear the economic risk of an investment in the Securities Purchase Warrant and the Shares, as applicable, and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: California Resources Corp

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Experience of Holder. The Holder, 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 Securities3.5% Debentures, and has so evaluated the merits and risks of such investment. The Such Holder is able to understands that it must bear the economic risk of an this investment in the Securities and3.5% Debentures indefinitely, at the present time, and is able to bear such risk and is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Form of Purchase Agreement (Commscope Inc)

Experience of Holder. The Holder, 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 Holder is able to bear the economic risk of an investment in the Securities and, at the present time, and is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Elinear Inc

Experience of Holder. The Holder, 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 Holder 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.

Appears in 1 contract

Samples: Securities Exchange Agreement (MoneyOnMobile, Inc.)

Experience of Holder. The Holder, either alone or together with its representatives, Holder 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 Holder 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.

Appears in 1 contract

Samples: Exchange Agreement (Net Element, Inc.)

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

Appears in 1 contract

Samples: Amended Warrants Agreement (Us Dataworks Inc)

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