Common use of Investor Status; Etc Clause in Contracts

Investor Status; Etc. Seller certifies and represents to Buyer that it is now, and at the time of the issuance of the Share Consideration, will be, an “Accredited Investor” as defined in Rule 501 of Regulation D promulgated under the Securities Act. The Seller’s financial condition is such that it is able to bear the risk of holding the Share Consideration for an indefinite period of time and the risk of loss of its entire investment. Seller has received, reviewed and considered all information it deems necessary in making an informed decision to make an investment in the Share Consideration and has been afforded the opportunity to ask questions of and receive answers from the management of Buyer concerning this investment and has sufficient knowledge and experience in investing in companies similar to Buyer in terms of Buyer’s stage of development so as to be able to evaluate the risks and merits of its investment in Buyer.

Appears in 2 contracts

Samples: Stock and Asset Purchase Agreement (Terex Corp), Stock and Asset Purchase Agreement

AutoNDA by SimpleDocs

Investor Status; Etc. Seller Such Purchaser certifies and represents to Buyer the Company that it is now, and at the time of the issuance of the Share Consideration, will be, an “Accredited Investor” as defined in Rule 501 of Regulation D promulgated under the Securities ActAct and was not organized for the purpose of acquiring the Securities. The SellerSuch Purchaser’s financial condition is such that it is able to bear the risk of holding the Share Consideration Securities for an indefinite period of time and the risk of loss of its entire investment. Seller Such Purchaser has received, reviewed and considered all information it deems necessary in making an informed decision to make an investment in the Share Consideration Securities and has been afforded the opportunity to ask questions of and receive answers from the management of Buyer the Company concerning this investment and has sufficient knowledge and experience in investing in companies similar to Buyer the Company in terms of Buyerthe Company’s stage of development so as to be able to evaluate the risks and merits of its investment in Buyerthe Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Canadian Superior Energy Inc), Securities Purchase Agreement (Warburg Pincus Private Equity Viii L P)

AutoNDA by SimpleDocs

Investor Status; Etc. Seller Such Purchaser certifies and represents to Buyer the Company that it is now, and at the time of the issuance of the Share Consideration, will be, an “Accredited Investor” as defined in Rule 501 of Regulation D promulgated under the Securities ActAct and was not organized for the purpose of acquiring the Shares. The SellerSuch Purchaser’s financial condition is such that it is able to bear the risk of holding the Share Consideration Shares for an indefinite period of time and the risk of loss of its entire investment. Seller Such Purchaser has received, reviewed and considered all information it deems necessary necessary, including, without limitation, the SEC Documents, in making an informed decision to make an investment in the Share Consideration Shares and has been afforded the opportunity to ask questions of and receive answers from the management of Buyer the Company concerning this investment and has sufficient knowledge and experience in investing in companies similar to Buyer the Company in terms of Buyerthe Company’s stage of development so as to be able to evaluate the risks and merits of its investment in Buyerthe Company.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Logicvision Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!