Common use of Experience of Purchaser Clause in Contracts

Experience of Purchaser. Purchaser, either alone or together with Purchaser’s 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. Purchaser has had access to such information as Purchaser deemed necessary in order to conduct any due diligence Purchaser desired to do in connection with the purchase and sale of the Securities. Purchaser is able to bear the economic risk of an investment in the Securities and is able to afford a complete loss of such investment. Purchaser understands that nothing in the Agreement or any other materials presented to Purchaser in connection with the purchase and sale of the Securities constitutes legal, tax or investment advice. Purchaser acknowledges that Purchaser must rely on legal, tax and investment advisors of Purchaser’s own choosing in connection with its purchase of the Securities.

Experience of Purchaser. Each Purchaser, either alone or together with Purchaser’s 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. Each Purchaser has had access to such information as Purchaser deemed necessary in order to conduct any due diligence Purchaser desired to do in connection with the purchase and sale of the Securities. Each Purchaser is able to bear the economic risk of an investment in the Securities and is able to afford a complete loss of such investment. Each Purchaser understands that nothing in the Agreement or any other materials presented to the Purchaser in connection with the purchase and sale of the Securities constitutes legal, tax or investment advice. Each Purchaser acknowledges that Purchaser must rely on legal, tax and investment advisors of Purchaser’s own choosing in connection with its purchase of the Securities.