General Economic Risk. The Purchaser (i) is able to bear the economic cost of holding the SAFT for an indefinite period of time; (ii) has adequate means of providing for his, her, or its current needs and possible personal contingencies even in the event that the SAFT loses all of its value; and (iii) has no need for liquidity of the SAFT. The Purchaser’s purchase of the SAFT is consistent with the objectives and cash flow requirements of the Purchaser and will not adversely affect the Purchaser’s overall need for diversification and liquidity.
Appears in 5 contracts
Samples: Simple Agreement for Future Tokens, Purchase Agreement (Blockstack Inc.), Purchase Agreement (Blockstack Token LLC)
General Economic Risk. The Purchaser (i) is able to bear the economic cost of holding the SAFT for an indefinite period of timeperiod; (ii) has adequate means of providing for his, her, or its current needs and possible personal contingencies even in the event that if the SAFT loses all of its value; and (iii) has no need for liquidity of the SAFT. The Purchaser’s purchase of the SAFT is consistent with the objectives and cash flow requirements of the Purchaser and will not adversely affect the Purchaser’s overall need for diversification and liquidity.
Appears in 3 contracts
Samples: Simple Agreement for Future Tokens, Simple Agreement for Future Tokens, Purchase Agreement
