Experience of Investor. MGT Sports, 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 Exchange Securities, and has evaluated the merits and risks of such investment. MGT Sports is able to bear the economic risk of an investment in such securities and, at the present time, is able to afford a complete loss of such investment.
Appears in 4 contracts
Samples: Securities Exchange Agreement (MGT Capital Investments Inc), Securities Exchange Agreement (DraftDay Fantasy Sports, Inc.), Securities Exchange Agreement (DraftDay Fantasy Sports, Inc.)