Common use of Financial Condition of the Subscriber Clause in Contracts

Financial Condition of the Subscriber. The Subscriber has adequate means of providing for its current needs and possible contingencies and has no need now, and anticipates no need in the foreseeable future, to sell the Shares in the Company for which the undersigned hereby subscribes. The Subscriber represents that Subscriber is able to bear the economic risks of this investment and is able to hold the securities for an indefinite period of time and has a sufficient net worth to sustain a loss of the entire investment in the event such loss should occur.

Appears in 2 contracts

Samples: Confidential Offering Memorandum Subscription Agreement (Miller Petroleum Inc), Confidential Offering Memorandum Subscription Agreement (Miller Petroleum Inc)

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Financial Condition of the Subscriber. The Subscriber has adequate means of providing for its the Subscriber=s current needs and possible personal contingencies and has no does not need now, and anticipates no need or anticipate needing in the foreseeable future, to sell the Restricted Shares in that are the Company for which the undersigned hereby subscribessubject of this agreement. The Subscriber represents that the Subscriber is able to bear the economic risks of this investment and is able to hold the securities for an indefinite period of time and has a sufficient net worth to sustain a loss of the entire investment in the event such loss if it should occurbe lost.

Appears in 1 contract

Samples: Subscription Agreement (Vallenar Holdings Inc.)

Financial Condition of the Subscriber. The Subscriber has adequate means of providing for his/her/its current needs and possible personal contingencies and has no need now, and anticipates no need in the foreseeable future, to sell the Company Shares in the Company for which the undersigned hereby subscribes. The Subscriber represents that Subscriber is able to bear the economic risks of this investment and is able to hold the securities for an indefinite period of time and has a sufficient net worth to sustain a loss of the entire investment investment, in the event such loss should occur.

Appears in 1 contract

Samples: Subscription Agreement (Noble Quests Inc)

Financial Condition of the Subscriber. The Subscriber has adequate means of providing for its the Subscriber’s current needs and possible personal contingencies and has no need nowdoes not need, and anticipates no need now or anticipate needing in the foreseeable future, to sell the Restricted Shares in that are the Company for which the undersigned hereby subscribessubject of this agreement. The Subscriber represents that the Subscriber is able to bear the economic risks of this investment and is able to hold the securities for an indefinite period of time and has a sufficient net worth to sustain a loss of the entire investment in the event such loss if it should occurbe lost.

Appears in 1 contract

Samples: Subscription Agreement (Wolverine Exploration Inc.)

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Financial Condition of the Subscriber. The Subscriber has adequate means of providing for its the Subscriber=s current needs and possible personal contingencies and has no need nowdoes not need, and anticipates no need or anticipate needing in the foreseeable future, to sell the Restricted Shares in that are the Company for which the undersigned hereby subscribessubject of this agreement. The Subscriber represents that the Subscriber is able to bear the economic risks of this investment and is able to hold the securities for an indefinite period of time and has a sufficient net worth to sustain a loss of the entire investment in the event such loss if it should occurbe lost.

Appears in 1 contract

Samples: Subscription Agreement (Brek Energy Corp)

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