Common use of Investment Experience; Economic Risk Clause in Contracts

Investment Experience; Economic Risk. Such Investor understands that the Company has a limited financial and operating history and that an investment in the Company involves substantial risks. Such Investor is experienced in evaluating and investing in private placement transactions of securities of companies in a similar stage of development to that of the Company and acknowledges that such Investor is able to fend for himself, herself or itself. Such Investor has such knowledge and experience in financial and business matters that such Investor is capable of evaluating the merits and risks of the investment in the Securities. Such Investor can bear the economic risk of such Investor’s investment and is able, without impairing such Investor’s financial condition, to hold the Securities for an indefinite period of time and to suffer a complete loss of such Investor’s investment.

Appears in 3 contracts

Samples: Common Stock and Warrant Purchase Agreement (Akesis Pharmaceuticals, Inc.), Securities Purchase Agreement (Akesis Pharmaceuticals, Inc.), Common Stock and Warrant Purchase Agreement (Akesis Pharmaceuticals, Inc.)

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Investment Experience; Economic Risk. Such Investor understands that the Company has a limited financial and operating history and that an investment in the Company involves substantial risks. Such Investor is experienced in evaluating and investing in private placement transactions of securities of companies in a similar stage of development to that of the Company and acknowledges that such Investor is able to fend for himself, herself or itself. Such Investor has such knowledge and experience in financial and business matters that such Investor is capable of evaluating the merits and risks of the investment in the SecuritiesShares. Such Investor can bear the economic risk of such Investor’s investment and is able, without impairing such Investor’s financial condition, to hold the Securities Shares for an indefinite period of time and to suffer a complete loss of such Investor’s investment.

Appears in 1 contract

Samples: Series D Preferred Stock Purchase Agreement (Homeaway Inc)

Investment Experience; Economic Risk. Such Investor understands that the Company has a limited financial and operating history and that an investment in the Company involves substantial risks. Such Investor is experienced in evaluating and investing in private placement transactions of securities of companies in a similar stage of development to that of the Company and acknowledges that such Investor is able to fend for himself, herself or itself. Such Investor has such knowledge and experience in financial and business matters that such Investor is capable of evaluating the merits and risks of the investment in the SecuritiesShares. Such Investor can bear the economic risk of such Investor’s investment and is able, without impairing such Investor’s financial condition, to hold the Securities Shares and the Common Stock issuable upon conversion thereof for an indefinite period of time and to suffer a complete loss of such Investor’s investment.

Appears in 1 contract

Samples: Series E Preferred Stock Purchase Agreement (Bazaarvoice Inc)

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Investment Experience; Economic Risk. Such The Investor understands that the Company has a limited financial and operating history and that an investment in the Company involves substantial risks. Such The Investor is experienced in evaluating and investing in private placement transactions of securities of companies in a similar stage of development to that of the Company and acknowledges that such the Investor is able to fend for himself, herself or itself. Such The Investor has such knowledge and experience in financial and business matters that such the Investor is capable of evaluating the merits and risks of the investment in the Securities. Such The Investor can bear the economic risk of such the Investor’s investment and is able, without impairing such the Investor’s financial condition, to hold the Securities for an indefinite period of time and to suffer a complete loss of such the Investor’s investment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Akesis Pharmaceuticals, Inc.)

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