Common use of Experience of Such Seller Clause in Contracts

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

Appears in 3 contracts

Samples: Securities Purchase Agreement (Trans-Pacific Aerospace Company, Inc.), Securities Purchase Agreement (Trans-Pacific Aerospace Company, Inc.), Securities Purchase Agreement (Trans-Pacific Aerospace Company, Inc.)

AutoNDA by SimpleDocs

Experience of Such 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 Purchaser SharesCommon Stock, 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 Purchaser Shares Common Stock and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Merger Agreement (Homeland Security Capital CORP)

Experience of Such Seller. Such 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 Purchaser Stock Consideration 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 Purchaser Stock Consideration Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Membership Interest Sale Agreement (Glimpse Group, Inc.)

AutoNDA by SimpleDocs

Experience of Such 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 Purchaser SharesStock 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 Purchaser Shares such securities and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Share Purchase Agreement (Applied Dna Sciences Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!