Financial Sophistication. Optionee has such knowledge and experience in financial and business matters that Optionee is capable of evaluating the merits and risks of investing in the Shares.
Financial Sophistication. Grantee has such knowledge and experience in financial and business matters that Grantee is capable of evaluating the merits and risks of investing in the Management Units.
Financial Sophistication. The Member, either individually, or together with one or more financial advisors to which Member has access, has such knowledge and experience in financial and business matters that the Member is capable of evaluating the merits and risks of the acceptance of the LTIP Units.
Financial Sophistication. 1.1. The Purchaser (i) has such knowledge and experience in financial and business matters as to be capable of evaluating the merits, risks and suitability of the transactions contemplated hereby, (ii) is able to bear the risk of an entire loss of its investment in the Shares, and (iii) is consummating the transactions contemplated hereby with a full understanding of all of the terms, conditions and risks and willingly assumes those terms, conditions and risks;
1.2. The Purchaser has evaluated the merits and risks of the transaction contemplated hereby based exclusively on its own independent review and consultations with such investment, legal, tax, accounting and other advisers as he deemed necessary. The Purchaser has made his own decision concerning the transactions contemplated hereby without reliance on any representation or warranty of, or advice from, the other parties hereto; and
1.3. The Purchaser is financially sophisticated and understands that the Shares have not been registered under the securities laws of any jurisdiction and may only be transferred pursuant to registration or an applicable exemption under all applicable laws. The Purchaser will acquire the Shares for his own account, for the purpose of investment only and not with a view to, or for sale in connection with, any distribution thereof in violation of applicable law. The Purchaser has not, directly or indirectly, offered the Shares to anyone or solicited any offer to buy the Shares from anyone, so as to bring such offer and sale of the Shares by the Purchaser within the registration requirements of the securities laws of any jurisdiction.
Financial Sophistication. Sellers has such knowledge and experience in financial and business matters that Sellers is capable of evaluating the merits and risks of investing in the Class B Units.
Financial Sophistication. The Optionee is knowledgeable and ------------------------ sophisticated in business and financial matters, such that he is capable of weighing the merits and risks of investing in the Shares.
Financial Sophistication. Newco will serve as the vehicle pursuant to which the Investors will acquire an indirect interest in the Company. Newco has received assurances from each of the Investors that: (a) the Investor has such knowledge and experience in financial and investment matters and in such other business matters that the Investor is capable of evaluating the merits and risks of the investment contemplated herein and in the Subscription Agreement, (b) the Investor, together with its advisors, has been given the opportunity to perform due diligence and to receive such information and materials as the Investor may reasonably have requested with respect to the Company in order to evaluate the merits and risks of such investment and (c) the Investor is not relying on Philips or its advisors with respect to the economic, financial or tax considerations involved in such investment.
Financial Sophistication. Purchaser has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in connection with the transactions contemplated in this Agreement. (d) Accredited Investor Status. Purchaser is an “accredited investor” as such term is defined in Rule 501(a) of the rules and regulations promulgated under the Securities Act.
Financial Sophistication. Each of the Borrowers, by reason of its own business and financial experience or that of its professional advisors, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of issuing the Note, as applicable, and has the capacity to protect its own interests in connection with the transactions contemplated by this Agreement.
Financial Sophistication. The Purchaser, by reason of its own business and financial experience or that of its professional advisors, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of investing in the Note and has the capacity to protect its own interests in connection with the transactions contemplated by this Agreement.
