Common use of Investment Suitability Clause in Contracts

Investment Suitability. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the investment hereunder in Convertible Notes (and the Underlying Securities in respect thereof) and is able to bear the economic risk of loss of such investment. The Subscriber acknowledges and agrees that the Subscriber is responsible for obtaining such legal advice as the Subscriber considers appropriate in connection with the execution, delivery and performance by the Subscriber of this agreement and the transactions contemplated hereunder.

Appears in 2 contracts

Samples: Subscription Agreement (Adb Systems International LTD), Subscription Agreement (Adb Systems International LTD)

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Investment Suitability. The Subscriber (and any Disclosed Beneficial Subscriber) has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the investment hereunder in Convertible Notes (and the Underlying Subscriber’s Securities in respect thereof) and is able to bear the economic risk of total loss of such investment. The Subscriber acknowledges and agrees that the Subscriber is responsible for obtaining such legal advice as the Subscriber considers appropriate in connection with the execution, delivery and performance by the Subscriber of this agreement and the transactions contemplated hereunder.;

Appears in 1 contract

Samples: Subscription Agreement

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Investment Suitability. The Subscriber has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the investment hereunder in Convertible Notes (the Common Shares and the Underlying Securities in respect thereof) Warrants and is able to bear the economic risk of loss of such investment. The Subscriber acknowledges and agrees that the Subscriber is responsible for obtaining such legal advice as the Subscriber considers appropriate in connection with the execution, delivery and performance by the Subscriber of this agreement and the transactions contemplated hereunder.

Appears in 1 contract

Samples: Subscription Agreement (Adb Systems International LTD)

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