Investment Sophistication. The Doctor and the LLC each acknowledges that he and it (a) is knowledgeable and experienced in business matters, (b) is capable of independently evaluating the risks and merits of accepting and exercising the Options granted hereunder, (c) has independently determined that the investment is a suitable investment for the LLC, and (d) has sufficient financial resources to bear the loss of the LLC's investment in the Options.
Investment Sophistication. The Doctor and the LP each acknowledges that he and it (a) is knowledgeable and experienced in business matters, (b) is capable of independently evaluating the risks and merits of accepting and exercising the Options granted hereunder, (c) has independently determined that the investment is a suitable investment for the LP, and (d) has sufficient financial resources to bear the loss of the LP's investment in the Options.
Investment Sophistication. The Buyer is knowledgeable, sophisticated and experienced in making, and is qualified to make, decisions with respect to investments in securities representing an investment decision like that involved in the purchase of the Securities.
Investment Sophistication. With respect to its investment in the Venture:
Investment Sophistication. CLI hereby represents and acknowledges that by and through its officers and directors has sufficient knowledge and experience of financial and business matters, is able to evaluate the merits and risks of the purchase of the Canary Debt, has the ability to bear the economic risks of the purchase of the Canary Debt and can afford a complete loss of such investment. It has adequate information concerning the business and financial condition of the other Parties to make an informed decision regarding the purchase of the Canary Debt, and has independently and without reliance upon the other Parties made its own analysis and decision to enter into this Agreement and purchase the Canary Debt. It has been afforded the opportunity to obtain such information necessary to make an informed decision regarding the entry into this Agreement and for it to evaluate the merits and risks of the purchase of the Canary Debt. It is not relying on any representation, warranty, covenant or statement made by the other Parties in connection with the purchase of the Canary Debt, except as contained herein.
Investment Sophistication. Buyer is not acquiring the Company with a view to or for sale in connection with any distribution of the membership interests thereof within the meaning of the Securities Act. Buyer (i) is an “accredited investor” as defined in the rules promulgated under the Securities Act and has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of Buyer’s investment in the Company; (ii) has the ability to bear the economic risks of such investment; (iii) has the capacity to protect Buyer’s own interests in connection with the transactions contemplated by this Agreement; and (iv) has had an opportunity to obtain such financial and other information from Company and Holders as Buyer deems necessary or appropriate in connection with evaluating the merits of the investment in the Company.
Investment Sophistication. The Stockholder ------------------------- has such knowledge and experience in financial and business matters that he is capable of evaluating the merits and risks of its investment in the Acquiror as contemplated by this Agreement, and is able to bear the economic risk of such investment for an indefinite period of time. The Stockholder has been furnished access to such information and documents as it has requested and has been afforded an opportunity to ask questions of and receive answers from representatives of the Acquiror concerning the terms and conditions of this Agreement and the receipt of the shares of Acquiror stock contemplated hereby.
