Common use of Investment Experience; Access to Information and Preexisting Relationship Clause in Contracts

Investment Experience; Access to Information and Preexisting Relationship. The Assignee (a) either alone or together with its representatives, has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of this investment and make an informed decision to so invest, and has so evaluated the risks and merits of such investment, (b) has the ability to bear the economic risks of this investment and can afford a complete loss of such investment, (c) understands the terms of and risks associated with the acquisition of the Note, including, without limitation, a lack of liquidity, price transparency or pricing availability and risks associated with the industry in which the Company operates, (d) has had the opportunity to review such disclosure regarding the Company, its business, its financial condition and its prospects as the Assignee has determined to be necessary in connection with the Assignment of the Note.

Appears in 2 contracts

Samples: Purchase and Assignment Agreement (Great East Bottles & Drinks (China) Holdings, Inc), Cancellation and Assignment Agreement (Asian Trends Media Holdings, Inc)

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Investment Experience; Access to Information and Preexisting Relationship. The Assignee (a) either alone or together with its representatives, has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of this investment and make an informed decision to so invest, and has so evaluated the risks and merits of such investment, (b) has the ability to bear the economic risks of this investment and can afford a complete loss of such investment, (c) understands the terms of and risks associated with the acquisition of the NoteAssigned Interest, including, without limitation, a lack of liquidity, price transparency or pricing availability and risks associated with the industry in which the Company operates, (d) has had the opportunity to review such disclosure regarding the Company, its business, its financial condition and its prospects as the Assignee has determined to be necessary in connection with the Assignment of the NoteAssigned Interest.

Appears in 2 contracts

Samples: Purchase and Assignment Agreement (Medical Care Technologies Inc.), Purchase and Assignment Agreement (Medical Care Technologies Inc.)

Investment Experience; Access to Information and Preexisting Relationship. The Assignee (a) either alone or together with its representatives, has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of this investment and make an informed decision to so invest, and has so evaluated the risks and merits of such investment, (b) has the ability to bear the economic risks of this investment and can afford a complete loss of such investment, (c) understands the terms of and risks associated with the acquisition of the NoteAssigned Debentures, including, without limitation, a lack of liquidity, price transparency or pricing availability and risks associated with the industry in which the Company Issuer operates, (d) has had the opportunity to review such disclosure regarding the CompanyIssuer, its business, its financial condition and its prospects as the Assignee has determined to be necessary in connection with the Assignment of the NoteAssigned Debentures.

Appears in 1 contract

Samples: Purchase and Assignment Agreement (Medbox, Inc.)

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Investment Experience; Access to Information and Preexisting Relationship. The Assignee (a) either alone or together with its representatives, has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of this investment and make an informed decision to so invest, and has so evaluated the risks and merits of such investmentinvestment in the Assigned Debt, (b) has the ability to bear the economic risks of this investment and can afford a complete loss of such investment, (c) understands the terms of and risks associated with the acquisition of the NoteNotes, including, without limitation, a lack of liquidity, price transparency or pricing availability and risks associated with the industry in which the Company operates, (d) has had the opportunity to review such disclosure regarding the Company, its business, its financial condition and its prospects as the Assignee has determined to be necessary in connection with the Assignment of the NoteAssigned Debt.

Appears in 1 contract

Samples: Purchase and Assignment Agreement (Surge Global Energy, Inc.)

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