Common use of Investment Experience; Suitability Clause in Contracts

Investment Experience; Suitability. The Sellers are each sophisticated investors familiar with the type of risks inherent in the acquisition of securities such as the Purchaser Shares and the Sellers’ financial position is such that the Sellers can afford to retain the shares of Purchaser Shares for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Manhattan Scientifics Inc), Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (WPCS International Inc)

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Investment Experience; Suitability. The Sellers are each Seller is a sophisticated investors familiar with the type of risks inherent in the acquisition of securities such as the Purchaser Shares Parent Preferred Stock and the Sellers’ Seller’s financial position is such that the Sellers Seller can afford to retain the shares of Purchaser Shares Parent Preferred Stock for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 2 contracts

Samples: Stock Purchase Agreement (CTT International Distributors Inc.), Stock Purchase Agreement (CTT International Distributors Inc.)

Investment Experience; Suitability. The Sellers are each Seller is a sophisticated investors familiar with the type of risks inherent in the acquisition of securities such as the Purchaser Shares and the Sellers’ Seller’s financial position is such that the Sellers Seller can afford to retain the shares of Purchaser Shares for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 2 contracts

Samples: Purchase Agreement (Blackbird Petroleum Corp), Purchase Agreement (Ark Development Inc)

Investment Experience; Suitability. The Sellers are each sophisticated investors Each Seller is familiar with the type of risks inherent in the acquisition of securities such as the shares of the Purchaser Shares and the Sellers’ each Seller's financial position is such that the Sellers Seller can afford to retain the shares of Purchaser its Purchase Shares for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Science Dynamics Corp)

Investment Experience; Suitability. The Sellers are each sophisticated investors Each Seller is familiar with the type of risks inherent in the acquisition of securities such as the shares of Purchaser Shares Common Stock and the Sellers’ each Seller's financial position is such that the Sellers Seller can afford to retain the shares of Purchaser Shares Common Stock constituting the Purchase Price for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digicorp)

Investment Experience; Suitability. The Sellers are each Seller is a sophisticated investors investor familiar with the type of risks inherent in the acquisition of securities such as the shares of the Purchaser Shares and the Sellers’ Seller’s financial position is such that the Sellers Seller can afford to retain the shares of Purchaser Shares Exchange Consideration for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 1 contract

Samples: Stock Exchange Agreement and Plan of Reorganization (Zulu Energy Corp.)

Investment Experience; Suitability. The Sellers are each sophisticated investors Seller is familiar with the type of risks inherent in the acquisition of securities such as the Purchaser Shares shares of common stock of Buyer and each of Seller's and the Sellers’ Nominee's financial position is such that the Sellers each can afford to retain the shares of Purchaser Shares Purchase Price for an indefinite period of time without realizing any direct or indirect cash return on its his or her investment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digicorp)

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Investment Experience; Suitability. The Sellers are each sophisticated investors familiar with the type of risks inherent in the acquisition of securities such as the Purchaser AGS Shares and the Sellers’ financial position is such that the Sellers can afford to retain the shares of Purchaser AGS Shares for an indefinite period of time without realizing any direct or indirect cash return on its their investment.

Appears in 1 contract

Samples: Interest Purchase Agreement (WPCS International Inc)

Investment Experience; Suitability. The Sellers are each sophisticated investors Seller is familiar with the type of risks inherent in the acquisition of securities such as the Purchaser Shares shares of common stock of Buyer and the Sellers’ Seller's financial position is such that the Sellers he can afford to retain the shares of Purchaser Shares Purchase Price for an indefinite period of time without realizing any direct or indirect cash return on its his investment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digicorp)

Investment Experience; Suitability. The Sellers are each Each Seller is a sophisticated investors investor familiar with the type of risks inherent in the acquisition of securities such as the shares of the Purchaser Shares and the Sellers’ each Seller’s financial position is such that the Sellers Seller can afford to retain the shares of Purchaser its Purchase Price Shares for an indefinite period of time without realizing any direct or indirect cash return on its investment.

Appears in 1 contract

Samples: Stock Purchase Agreement (WPCS International Inc)

Investment Experience; Suitability. The Sellers are each sophisticated investors Seller is familiar with the type of risks inherent in the acquisition of securities such as the Purchaser Shares shares of Common Stock of Buyer and the Sellers’ Seller's financial position is such that the Sellers he can afford to retain the shares of Purchaser Shares Purchase Price for an indefinite period of time without realizing any direct or indirect cash return on its his investment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digicorp)

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