Common use of Knowledge Respecting Buyer Clause in Contracts

Knowledge Respecting Buyer. Each Shareholder represents and acknowledges that he or she is a sophisticated investor with knowledge and experience in business and financial matters, knows, or has had the opportunity to acquire, all information concerning the business, affairs, financial condition and prospects of Buyer which he or she deems relevant to make a fully informed decision regarding the consummation of the transactions contemplated hereby and is able to bear the economic risk and lack of liquidity inherent in holding the Buyer Stock. Without limiting the foregoing, each Shareholder understands and acknowledges that neither Buyer nor anyone acting on its behalf has made any representations or warranties other than those contained herein respecting Buyer or the future conduct of Buyer's business or of Company's business, and no Shareholder has relied upon any representations or warranties other than those contained herein in the belief that they were made on behalf of Buyer;

Appears in 4 contracts

Samples: Stock Purchase Agreement (Vertical Computer Systems Inc), Stock Purchase Agreement (Vertical Computer Systems Inc), Stock Purchase Agreement (Silk Botanicals Com Inc)

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Knowledge Respecting Buyer. Each Shareholder represents and acknowledges that he or she it is a sophisticated investor with knowledge and experience in business and financial matters, knows, or has had the opportunity to acquire, all information concerning the business, affairs, financial condition and prospects of Buyer which he or she deems relevant to make a fully informed decision regarding the consummation of the transactions contemplated hereby and is able to bear the economic risk and lack of liquidity inherent in holding the Buyer Stock. Without limiting the foregoing, each Shareholder understands and acknowledges that neither Buyer nor anyone acting on its behalf has made any representations or warranties other than those contained herein respecting Buyer or the future conduct of Buyer's business or of Company's business, and no Shareholder has relied upon any representations or warranties other than those contained herein in the belief that they were made on behalf of Buyer;.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Zapworld Com), Stock Purchase Agreement (Zapworld Com)

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