Common use of Experience of Such Purchaser Clause in Contracts

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. Such Purchaser acknowledges that it has not received any legal or tax advice from the Company or any of its representatives with respect the transactions contemplated hereby.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Lpath, Inc), Securities Purchase Agreement (Macrochem Corp), Securities Purchase Agreement (Macrochem Corp)

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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 SecuritiesShares, 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 Shares and, at the present time, is able to afford a complete loss of such investment. Such Purchaser acknowledges that it has not received any legal or tax advice from the Company or any of its representatives with respect the transactions contemplated hereby.

Appears in 7 contracts

Samples: Share Purchase Agreement (Youngevity International, Inc.), Securities Purchase Agreement (Oragenics Inc), Share Purchase Agreement (Synthetic Biologics, Inc.)

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