Common use of Knowledge Respecting Buyer Clause in Contracts

Knowledge Respecting Buyer. Seller and Shareholder represent and acknowledge that (a) they are sophisticated investors with knowledge and experience in business and financial matters, know, or have had the opportunity to acquire, all information concerning the business, affairs, financial condition and prospects of Rio Vista which they deem relevant to make a fully informed decision regarding the consummation of the transactions contemplated hereby and are able to bear the economic risk and lack of liquidity inherent in holding the Purchase Price Units and (b) they have accessed copies of all Forms 10-K, 10-Q and 8-K, and all proxy statements, filed by Rio Vista and available at wxx.xxx.xxx. Without limiting the foregoing, Seller and Shareholder understand and acknowledge that neither Rio Vista nor anyone acting on its behalf has made any representations or warranties other than those contained herein respecting Rio Vista or the future conduct of Rio Vista’s business, and Seller and Shareholder have not relied upon any representations or warranties other than those contained herein in the belief that they were made on behalf of Rio Vista.

Knowledge Respecting Buyer. Seller Each Shareholder represents and Shareholder represent and acknowledge acknowledges that (a) they are he is a sophisticated investors investor with knowledge and experience in business and financial matters, knowknows, or have has had the opportunity to acquire, all information concerning the business, affairs, financial condition and prospects of Rio Vista which they deem it deems relevant to make a fully informed decision regarding the consummation of the transactions contemplated hereby and are is able to bear the economic risk and lack of liquidity inherent in holding the Purchase Price Units and (b) they have it has accessed copies of all Forms 10-K, 10-Q and 8-K, and all proxy statements, filed by Rio Vista and available at wxx.xxx.xxx. Without limiting the foregoing, Seller each Shareholder understands and Shareholder understand and acknowledge acknowledges that neither Rio Vista nor anyone acting on its behalf has made any representations or warranties other than those contained herein respecting Rio Vista or the future conduct of Rio Vista’s business or of Company’s business, and Seller and neither Shareholder have not has relied upon any representations or warranties other than those contained herein in the belief that they were made on behalf of Rio Vista.