Common use of Experience of the Purchaser Clause in Contracts

Experience of the Purchaser. The Purchaser 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 Series 1 VRDP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Series 1 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 4 contracts

Samples: Series 1 Variable Rate Demand Preferred Shares Purchase Agreement (Wells Fargo & Company/Mn), Purchase Agreement (Toronto Dominion Investments, Inc.), Series 1 Variable Rate Demand Preferred Shares (Vrdp) Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.)

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Experience of the Purchaser. The Purchaser 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 Series 1 2 VRDP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Series 1 2 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 2 contracts

Samples: Series 2 Variable Rate Demand Preferred Shares (Vrdp) Remarketing Purchase Agreement (Wells Fargo & Company/Mn), Remarketing Purchase Agreement (Wells Fargo & Company/Mn)

Experience of the Purchaser. The Purchaser 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 Series 1 3 VRDP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Series 1 3 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 2 contracts

Samples: Purchase Agreement (Wells Fargo & Company/Mn), Purchase Agreement (Wells Fargo & Company/Mn)

Experience of the Purchaser. The Purchaser 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 Series 1 8 VRDP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Series 1 8 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Purchase Agreement (Wells Fargo & Company/Mn)

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Experience of the Purchaser. The Purchaser 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 Series 1 5 VRDP Shares, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk of an investment in the Series 1 5 VRDP Shares and, at the present time, is able to afford a complete loss of such investment.

Appears in 1 contract

Samples: Purchase Agreement (Wells Fargo & Company/Mn)

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