Investment Experience; Accredited Investor Status. Ford is an informed and sophisticated investor, and has sufficient knowledge and experience in business and financial matters to permit it to evaluate the merits and risks of an investment in Vastera. Ford is an "accredited investor" as defined in Regulation D promulgated under the Securities Act. Ford acknowledges that the Shares are being issued and sold under exemptions from registration provided in the Securities Act and under applicable state securities laws and, therefore, cannot be sold unless subsequently registered under the Securities Act or applicable state securities laws or an exemption from such registrations is available. Accordingly, Ford represents and warrants that it is able to bear the economic risk of any investment in the Shares.
Investment Experience; Accredited Investor Status. The Investor is and has experience as an investor in securities of companies, and acknowledges that Shares to be purchased hereunder are speculative and involve a high degree of risk. The Investor can bear the economic risk of its investment, including possible complete loss of such investment, for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the securities purchased hereunder. The Investor understands that the securities to be acquired hereunder have not been registered under the Securities Act, or under the securities laws of any jurisdiction, by reason of reliance upon certain exemptions, and that the reliance on such exemptions is predicated upon the accuracy of the Investor’s representations and warranties in this Subscription and Exchange Agreement. The Investor is familiar with Regulation D promulgated under the Securities Act and is an “accredited investor” as defined in Rule 501(a) of such Regulation D.
Investment Experience; Accredited Investor Status. Purchaser is able to fend for itself in the transactions contemplated by this Agreement, can bear the economic risk of its investment (including possible complete loss of such investment) for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Securities. Purchaser represents it has not been organized for the purpose of acquiring the Shares. Purchaser understands that the Securities have not been registered under the Act, or under the securities laws of any jurisdiction, by reason of reliance upon certain exemptions, and that the reliance of the Company on such exemptions is predicated upon the accuracy of Purchaser’s representations and warranties in this Article III. Purchaser is familiar with Regulation D promulgated under the Act and is an “accredited investor” as defined in Rule 501(a) of Regulation D.
Investment Experience; Accredited Investor Status. Orkney acknowledges that the Shares are a speculative risk. Orkney is able to fend for himself in the transactions contemplated by this Agreement, can bear the economic risk of his investment (including possible complete loss of such investment) for an indefinite period of time and has such knowledge and experience in financial and business matters that he is capable of evaluating the merits and risks of the investment in the Shares. Orkney understands that the Shares have not been registered under the United States Securities Act of 1933, as amended (the "Act"), or applicable state or other securities laws, by reason of reliance upon certain exemptions, and that the reliance of the Company on such exemptions is predicated upon the accuracy of Orkney's representations and warranties. Orkney is an "accredited investor" as defined in Rule 501(a) of Regulation D promulgated under the Act.
Investment Experience; Accredited Investor Status. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement, can bear the economic risk of its investment (including possible complete loss of such investment) for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Common Stock. The Purchaser represents it has not been organized for the purpose of acquiring the Common Stock. The Purchaser understands that the Common Stock has not been registered under the Act, or under the securities laws of any jurisdiction by reason of reliance upon certain exemptions, and that the reliance of the Company and the Selling Shareholders on such exemptions is predicated upon the accuracy of the Purchaser's representations and warranties in this Section 4. The Purchaser is an "accredited investor" as defined in Rule 501(a) of Regulation D. The Purchaser acknowledges that the certificates representing the stock to be received by Purchaser will bear legends repeating the restrictions on resale contained in applicable securities laws.
Investment Experience; Accredited Investor Status. WestLB acknowledges that an investment in the Shares is a speculative risk. WestLB is able to fend for itself in the transactions contemplated by this Agreement, can bear the economic risk of its investment (including possible complete loss of such investment) for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Shares. WestLB represents that it has not been organized for the purpose of acquiring the Shares. WestLB understands that the Shares have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any jurisdiction, by reason of reliance upon certain exemptions, and that the reliance on such exemptions is predicated, in part, upon the accuracy of WestLB’s representations and warranties in this paragraph 3. WestLB is familiar with Regulation D promulgated under the Securities Act and represents that it is an “accredited investor” as defined in Rule 501(a) of such Regulation D.
Investment Experience; Accredited Investor Status. The Purchaser is experienced in investing in nonpublic companies such as the Company, and has sufficient knowledge and experience in business and financial matters to permit it to evaluate the merits and risks of an investment in the Company. The Purchaser is an "accredited investor" as defined in Regulation D promulgated under the Securities Act.
Investment Experience; Accredited Investor Status. GFVentures is an investor in securities of companies in the development stage and acknowledges that the securities to be issued hereunder are speculative and involve a high degree of risk. GFVentures can bear the economic risk of its investment (including possible complete loss of such investment) for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the securities purchased hereunder. GFVentures represents that it has not been organized for the purpose of acquiring the securities to be purchased hereunder. GFVentures understands that, unless otherwise provided herein, the securities to be issued hereunder have not been registered under the Securities Act, or under the securities laws of any jurisdiction, by reason of reliance upon certain exemptions, and that the reliance on such exemptions is predicated upon the accuracy of GFVentures' representations and warranties in this Section 3. GFVentures is familiar with Regulation D promulgated under the Securities Act and is an "accredited investor" as defined in Rule 501(a) of such Regulation D.
Investment Experience; Accredited Investor Status. Such Party ------------------------------------------------- acknowledges that (i) it can bear the economic risk of its investment in the Common Stock, (ii) has such knowledge and experience in financial or business matters that it is, and at the time it purchased its Equity Securities it was, capable of evaluating the merits and risks of an investment in the Common Stock, (iii) that it is, and at the time it purchased its Equity Securities it was, an "accredited investor" as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended, or (iv) purchased its Equity Securities in reliance on Section 4(2) of the Securities Act.
Investment Experience; Accredited Investor Status. The Seller acknowledges that the Shares are a speculative risk. The Seller is able to fend for itself in the transactions contemplated by this Agreement, can bear the economic risk of its investment (including possible complete loss of such investment) for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Shares. The Seller understands that the Shares have not been registered under the Act, or under the securities laws of any jurisdiction, by reason of reliance upon certain exemptions, and that the reliance of the Purchaser on such exemptions is predicated upon the accuracy of the Seller's representations and warranties in this Section 2.
