Knowledge and Experience; Ability to Bear Risks Sample Clauses
The "Knowledge and Experience; Ability to Bear Risks" clause establishes that a party entering into an agreement possesses sufficient understanding and expertise to evaluate the terms and associated risks of the transaction. In practice, this clause often requires the party to confirm they have the financial capacity and relevant background to assess and accept potential losses or adverse outcomes. Its core function is to protect the other party by ensuring that all participants are informed and capable, thereby reducing the likelihood of future disputes over misunderstandings or claims of inadequate disclosure.
Knowledge and Experience; Ability to Bear Risks. Such Seller has such knowledge and experience in financial and business matters that such Seller is capable of evaluating the merits and risks of the investment contemplated by this Agreement, and such Seller is able to bear the economic risk of this investment in the shares of Parent Stock that may be delivered to such Seller (including a complete loss of such Seller’s investment or a reduction in the price of Parent Stock, whether at the time it is held by such Seller).
Knowledge and Experience; Ability to Bear Risks. Buyer has such knowledge and experience in financial and business matters that Buyer is capable of evaluating the merits and risks of the investment contemplated by this Agreement; and Buyer is able to bear the economic risk of this investment in the shares of Polycom Common Stock that may be delivered to Buyer or held in escrow pursuant to this Agreement (including a complete loss of Buyer’s investment or a reduction in the price of Polycom Common Stock).