Experienced and Knowledgeable Investor. Buyer is an experienced and knowledgeable investor in, or is being advised by an advisor experienced and knowledgeable in, the solar electric power generation, construction and ownership businesses. Prior to entering into this Agreement, Buyer was advised by its counsel, accountants, financial advisors, and such other Persons it has deemed appropriate concerning this Agreement and has relied solely (except for the representations and warranties of Seller set forth in Article 4) on an independent investigation and evaluation of, and appraisal and judgment with respect to, the Company, each Sunlight Company, the business, assets (including the Projects), Liabilities, results of operations, condition (financial or otherwise) and prospects of each Sunlight Company, and the revenue, price, and expense assumptions applicable thereto.
Experienced and Knowledgeable Investor. The Purchaser has experience in investing in securities of companies in an initial or early stage of development and is able to fend for himself, herself or itself, cm bear the economic risk of the investment, and has such knowledge and experience in financial and business matters that Purchaser is capable of evaluating the merits and risks of the investment in the Shares and determining its suitability.
Experienced and Knowledgeable Investor. Buyer is an experienced and knowledgeable investor and operator in the oil and gas business. Except for such representation of Seller set forth herein, prior to entering into this Agreement, Buyer was advised by and has relied solely on its own expertise and legal, tax, reservoir engineering, and other professional counsel concerning this Agreement, the Properties and the value thereof.
Experienced and Knowledgeable Investor. Buyer has sufficient knowledge and experience to evaluate the Portfolio Entities, the business of the Portfolio Entities, and the technical, commercial, financial and other risks associated with acquiring the Equity Interests . -54- MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT (PROJECT BANG)
Experienced and Knowledgeable Investor. Buyer is an experienced and knowledgeable investor in, or is owned and is being advised by a Person knowledgeable and experienced in, the electric power generation business. Buyer has, or is controlled by a Person that has, substantial experience as an owner or operator of at least 500MW of electric-generating facilities in the United States. Prior to entering into this Agreement, Buyer was advised by its counsel, accountants, financial advisors and such other Persons it has deemed appropriate concerning this Agreement and has relied solely (except for the representations and warranties of Sellers expressly set forth in this Agreement and the other Transaction Documents) on an independent investigation and evaluation of, and appraisal and judgment with respect to, each Seller, the Business, Purchased Assets (including the Project), the Assumed Liabilities, results of operations, condition (financial or otherwise) and prospects of the Business, and the revenue, price and expense assumptions applicable thereto.
Experienced and Knowledgeable Investor. Buyer is an experienced and knowledgeable investor in the industry in which the Company operates. Prior to entering into this Agreement, Buyer was advised by its counsel, accountants, financial advisors, and such other Persons it has deemed appropriate concerning this Agreement and has relied solely (except for the representations and warranties of Seller contained herein) on an independent investigation and evaluation of, and appraisal and judgment with respect to, the Company, the business, assets, liabilities, results of operations, condition (financial or otherwise) and prospects of the Company.
