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.
Appears in 4 contracts
Samples: Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.), Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.), Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.)
