Common use of Experience of the Lender Clause in Contracts

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

Appears in 1 contract

Samples: Note Purchase Agreement (Beacon Energy Holdings, Inc.)

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Experience of the Lender. Such The Lender, 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 Note and Warrant issued to such LenderNotes, and has so evaluated the merits and risks of such investment. Such The Lender is able to bear the economic risk of an investment in the Note and Warrant issued to such Lender Notes and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Credit Agreement (Electronic Cigarettes International Group, Ltd.)

Experience of the Lender. Such The Lender, 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 Note and Warrant issued to such LenderSecurities, and has so evaluated the merits and risks of such investment. Such The Lender is able to bear the economic risk of an investment in the Note and Warrant issued to such Lender Securities and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Exitus Equity Issuance Agreement (AgileThought, Inc.)

Experience of the Lender. Such The Lender, either alone or together with its representatives, has such knowledgeKnowledge, 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 Note and Warrant issued to such LenderSecurities, and has so evaluated the merits and risks of such investment. Such The Lender is able to bear the economic risk of an investment in the Note and Warrant issued to such Lender Securities and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: First Senior Secured Convertible Loan Agreement (Navstar Media Holdings, Inc.)

Experience of the Lender. Such The Lender, 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 751915550 investment in the Note and Warrant issued to such LenderSecurities, and has so evaluated the merits and risks of such investment. Such The Lender is able to bear the economic risk of an investment in the Note and Warrant issued to such Lender Securities and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Ags Equity Issuance Agreement (AgileThought, Inc.)

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Experience of the Lender. Such The Lender, either alone or together with its his 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 Note and Warrant issued to such LenderSecurities, and has so evaluated the merits and risks of such investment. Such The Lender is able to bear the economic risk of an investment in the Note and Warrant issued to such Lender Securities and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Debt Conversion Agreement (PASSUR Aerospace, Inc.)

Experience of the Lender. Such The Lender, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be and is capable of evaluating the merits and risks of the prospective investment in the Note and Warrant issued to such LenderSecurities, and has so evaluated the merits and risks of such investment. Such The Lender is able to bear the economic risk of an investment in the Note and Warrant issued to such Lender Securities and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Loan Modification Agreement (Cyberdefender Corp)

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