Common use of Investment Knowledge Clause in Contracts

Investment Knowledge. Each Investor has sufficient knowledge and experience in financial and business matters and the business in which the Company is engaged so as to be capable of evaluating the merits and risks of its investment in the Preferred Shares, Warrants, the shares of Common Stock issuable upon conversion of the Preferred Shares and the Warrant Shares, and is able to bear the economic risk of the loss of its investment in the Company. Each of the Investors is an "accredited investor" within the meaning of Rule 501 promulgated under the Securities Act.

Appears in 3 contracts

Samples: Stock and Warrant Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al), Stock and Warrant Purchase Agreement (Z Tel Technologies Inc), Stock and Warrant Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)

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Investment Knowledge. Each Investor It has sufficient knowledge and experience in financial and business matters and the business in which the Company is engaged so as to be capable of evaluating the merits and risks of its investment in the Preferred Shares, Warrants, Shares or the Additional Shares and the shares of Common Stock issuable upon conversion of the Preferred Shares and or the Warrant Additional Shares, and is able to bear the economic risk of the loss of its investment in the Company. Each of the Investors It is an "accredited investor" within the meaning of Rule 501 promulgated under the Securities Act.

Appears in 1 contract

Samples: Exchange and Purchase Agreement (1818 Fund Iii Lp)

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Investment Knowledge. Each Investor It has sufficient knowledge and experience in financial and business matters and the business in which the Company is engaged so as to be capable of evaluating the merits and risks of its investment in the Preferred Shares, Warrants, Shares or the Additional Shares and the shares of Common Stock issuable upon conversion of the Preferred Shares and or the Warrant Additional Shares, and is able to bear the economic risk of the loss of its investment in the Company. Each of the Investors It is an "β€œaccredited investor" ” within the meaning of Rule 501 promulgated under the Securities Act.

Appears in 1 contract

Samples: Exchange and Purchase Agreement (Trinsic, Inc.)

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