Common use of General Economic Risk Clause in Contracts

General Economic Risk. The Purchaser (i) is able to bear the economic cost of holding the DDA for an indefinite period of time; (ii) has adequate means of providing for its current needs and possible personal contingencies even in the event that the DDA loses all of its value; and (iii) has no need for liquidity of the DDA. The Purchaser’s purchase of the DDA 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 4 contracts

Samples: Purchase Agreement (Blockstack Inc.), Purchase Agreement (Blockstack Token LLC), Safe (Simple Agreement for Future Equity) (Blockstack Inc.)

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