Common use of Investment Risk; Sophistication Clause in Contracts

Investment Risk; Sophistication. The Holder is acquiring the New Primary Securities hereunder in the ordinary course of its business. The Holder has such knowledge, sophistication, and experience in business and financial matters so as to be capable of evaluation of the merits and risks of the prospective investment in the New Primary Securities, and has so evaluated the merits and risk of such investment. The Holder is an “accredited investor” as defined in Regulation D under the Securities Act.

Appears in 6 contracts

Samples: Exchange Agreement (Crown Electrokinetics Corp.), Exchange Agreement (Amyris, Inc.), Exchange Agreement (KushCo Holdings, Inc.)

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Investment Risk; Sophistication. The Holder is acquiring the New Primary Securities Preferred Shares hereunder in the ordinary course of its business. The Holder has such knowledge, sophistication, and experience in business and financial matters so as to be capable of evaluation of the merits and risks of the prospective investment in the New Primary SecuritiesPreferred Shares, and has so evaluated the merits and risk of such investment. The Holder is an “accredited investor” as defined in Regulation D under the Securities Act.

Appears in 1 contract

Samples: Exchange Agreement (Esports Entertainment Group, Inc.)

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