Common use of Investor Sophistication Clause in Contracts

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.

Appears in 4 contracts

Samples: Private Placement Warrants Purchase Agreement (Tristar Acquisition I Corp.), Private Placement Warrants Purchase Agreement (Tristar Acquisition I Corp.), Private Placement Warrants Purchase Agreement (Tristar Acquisition I Corp.)

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