Common use of Experience of Seller Clause in Contracts

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

Appears in 3 contracts

Samples: Asset Purchase Agreement (SRAX, Inc.), Asset Purchase Agreement (Zomedica Corp.), Asset Purchase Agreement (Zomedica Corp.)

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Experience of Seller. Each Seller, 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 Buyer SecuritiesBuyer’s Shares, and has so evaluated the merits and risks of such investment. Each Seller is able to bear the economic risk of an investment in the Buyer Securities Ordinary Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bit Digital, Inc)

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Spherix Inc)

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

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Coach Industries Group Inc)

Experience of Seller. Seller, either alone or together with its representatives, Each Seller has such knowledge, sophistication and experience in business and financial matters matters, so as to be capable of evaluating the merits and risks of the prospective investment in the Buyer SecuritiesStock Consideration, and has so evaluated the merits and risks of such investment. Such Seller is able to bear the economic risk of an investment in the Buyer Securities Stock Consideration and, at the present time, is able to afford a complete loss of bear such investmenteconomic risk indefinitely.

Appears in 1 contract

Samples: Merger Agreement (Glimpse Group, Inc.)

Experience of Seller. Seller, either alone or together with its representativesRepresentatives, 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 Buyer SecuritiesShares, and has so evaluated the merits and risks of such investment. Seller is able to bear the economic risk of an investment in the Buyer Securities Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Asset Purchase Agreement (NewBridge Global Ventures, Inc.)

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Experience of Seller. Each Seller, 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 Buyer SecuritiesOrdinary Shares, and has so evaluated the merits and risks of such investment. Each Seller is able to bear the economic risk of an investment in the Buyer Securities Ordinary Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Share Purchase Agreement (Bat Group, Inc.)

Experience of Seller. Such Seller, 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 Buyer SecuritiesSeller’s Common Shares, and has so evaluated the merits and risks of such investment. Such Seller is able to bear the economic risk of an investment in the Buyer Securities Seller’s Common Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eclips Energy Technologies, Inc.)

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

Appears in 1 contract

Samples: Intellectual Property Purchase Agreement (Playbutton Acquisition Corp.)

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