Investor Sophistication. The Subscriber (i) has knowledge and experience in business and financial matters, prior investment experience, including investment in securities that are non-listed, unregistered and/or not traded on a national securities exchange nor on any automated quotation system; (ii) recognizes the highly speculative nature of this investment; and (iii) is able to bear the economic risk that the Subscriber hereby assumes. The Subscriber, if an entity, was not formed for the purpose of purchasing the Shares.
Investor Sophistication. The Purchaser has such knowledge and experience in financial and business matters, knowledge of the high degree of risk associated with investments in the securities of companies in the development stage such as the Company, is capable of evaluating the merits and risks of an investment in the Securities and is able to bear the economic risk of an investment in the Securities in the amount contemplated hereunder for an indefinite period of time. The Purchaser has adequate means of providing for its current financial needs and contingencies and will have no current or anticipated future needs for liquidity which would be jeopardized by the investment in the Securities. The Purchaser can afford a complete loss of its investments in the Securities.
Investor Sophistication. The Shareholder has such knowledge and experience in financial and business matters that he and it are capable of evaluating the merits and risks of an investment in the Synagro Shares, and to make an informed investment decision with respect thereto;
Investor Sophistication. The Purchaser, by reason of its business and financial experience, has such knowledge, sophistication and experience in business and financial matters as to be capable of evaluating the merits and risks of the prospective investment and is able to bear the economic risk of such investment.
Investor Sophistication. Purchaser has sufficient knowledge and experience and is capable of evaluating the merit and risks of its investment in the Corporation as contemplated by this Agreement and is able to bear the economic risk of such investment for an indefinite period of time. Purchaser has been given access to SEC Reports. Purchaser has had the opportunity to ask questions of and receive answers from representatives of the Corporation concerning the terms and conditions of this Agreement, to discuss the Corporation's business, management and financial affairs with the Corporation's management and to obtain any other additional information Purchaser desires or deems relevant.
Investor Sophistication. Assignee hereby represents: (i) Assignee is an executive officer with oversight and policy-making functions at Rackspace, Ltd. (“Rackspace”), a subsidiary of Macro Holding, Inc. (“Macro Holding”); (ii) as an executive officer, Assignee has had access to the financial, operational and other information necessary to evaluate this investment, the Partnership, Macro Holding, and Rackspace; (iii) Assignee has had the opportunity to consult with the management of the Partnership, Macro Holding, and Rackspace to ask any further questions it had regarding Assignee’s investment; (iv) Assignee is financially literate and sophisticated and is able to interpret and understand the financial and operational performance of the Partnership, Macro Holding, and Rackspace; and (v) Assignee understands that the Partnership’s value and performance is largely tied to the value and performance of Macro Holding and Rackspace. Further, Assignee acknowledges and agrees that Assignor has informed him or her that Assignor (i) is the Chairman of the Board of Directors of Macro Holding and Rackspace and (ii) may be in possession of material non-public information relating to Macro Holding and Rackspace (including, but not limited to, financial projections, future capital expenditures and business strategy, which may be positive or negative) and that he is not at liberty to disclose all of such information, and Assignee acknowledges such non-disclosure. Assignee hereby irrevocably and unconditionally waives and releases Assignor and from any and all claims that Assignee might have (whether for damages, rescission or any other relief) based on Assignor’s possession or non-disclosure of such material, non-public information to Assignee, and Assignee has agreed not to solicit or encourage, directly or indirectly, any other person to assert such a claim. Assignee further confirms that he understands the significance of the foregoing waiver.
Investor Sophistication. The Purchaser is a sophisticated institutional investor and has such knowledge and experience in financial and business matters and expertise in assessing credit risk, it is capable of evaluating the merits, risks and suitability of purchasing the Shares, it is relying exclusively on the Seller’s representations and warranties set forth in Article 2 hereof and its own sources of information and credit analysis with respect to the Shares and it is able to bear the economic risks of and an entire loss of its investment in the Shares.
Investor Sophistication. The Holder has substantial experience in evaluating and investing in private placement transactions of securities of companies similar to the Company so that the Holder is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its interests.
Investor Sophistication. The Operation SPV Interests have not been registered under the Securities Act or any state securities laws and are being transferred in reliance upon one or more exemptions contained in such acts and that the Seller’s reliance upon such exemptions is based in part upon the representations and agreements made by the MLP, OPCO and the Buyer herein. The Buyer has received or has been given access to all information that it considers necessary or advisable to it to make a decision concerning the purchase of the Operation SPV Interests. The Buyer has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investing in the Operation SPV Interests and is able to bear the economic risk of investing in such securities. The Buyer is an “Accredited Investor” as defined in Rule 501(a) of Regulation D under the Securities Act.
Investor Sophistication. (i) Such member of the Xxxxxx Unit Group is an “accredited investor” as that term is defined in Rule 501 of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”), and is acquiring the Issued MRTC Units (as defined below) for investment solely for his, her or its account and not with a view to or in connection with the distribution thereof in violation of the Securities Act, or any applicable state or foreign securities laws, and the Issued MRTC Units will not be disposed of in contravention of the Securities Act or any applicable state or foreign securities laws.
