Knowledgeable Investor. Buyer is an experienced and knowledgeable investor in the oil and gas business. Prior to entering into this Agreement, Buyer was advised by its own legal, tax, and other professional counsel concerning this Agreement, the Contemplated Transactions, the Assets, and their value, and it has relied solely thereon and on the representations and obligations of Seller in this Agreement and the documents to be executed by Seller in connection with this Agreement at Closing. Buyer is acquiring the Assets for its own account and not for distribution.
Knowledgeable Investor. I understand that an investment in the Company is speculative and involves a high degree of risk, and that there can be no assurance that I will receive any return of or on my investment. I can bear the economic risk of an investment in the Shares for an indefinite period of time, can afford to sustain a complete loss of such investment, have no need for liquidity in connection with an investment in the Shares, and can afford to hold the Shares indefinitely. Yours very truly, Xxxxxx Xxxxx Address:
Knowledgeable Investor. Buyer is an experienced and knowledgeable investor in the oil and gas business, and understands the risks of investing in the oil and gas assets. Buyer is not acquiring the Subject Assets in connection with a distribution or resale thereof in violation of federal or state securities laws and the rules and regulations thereunder. Buyer understands and acknowledges that: (i) an investment in the Subject Assets involves certain risks; and (ii) neither the Securities and Exchange Commission nor any federal, state or foreign agency has passed upon the Subject Assets or made any finding or determination as to the fairness of an investment in the Subject Assets or the accuracy or adequacy of the disclosures made to Buyer.
Knowledgeable Investor. The Purchaser is primarily engaged in the business of providing contract land drilling services to oil and gas companies. The Purchaser has been advised by, and has relied on, their own technical, scientific, legal, tax and other professional counselors in entering into this Agreement.
Knowledgeable Investor. Assignee is acquiring the Financing for its own account only and not for any other person. Assignee considers itself a sophisticated investor, having such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investment in the Financing.
Knowledgeable Investor. The Partnership, through its General Partner and the affiliates thereof, is an experienced and knowledgeable investor and an experienced operator in the oil and gas business, including transloading of crude petroleum. Prior to entering into this Agreement, the Partnership was advised by independent counsel and has relied on its own expertise, through its General Partner and the affiliates thereof, concerning this Agreement, the Assets and the value thereof (except for the representations and warranties contained in the Constituent Documents) but have independently evaluated the Assets for purposes of entering into and Closing this transaction.
Knowledgeable Investor. Each of the Parties hereby acknowledges that it is sophisticated, knowledgeable and active in the business of oil and gas investments, operations and exploration, that such business involves substantial risks, and that there is no guarantee or representation whatsoever that any of the prospects covered by this Agreement will be productive of oil, gas or other minerals.
Knowledgeable Investor. Buyer is an experienced and knowledgeable investor. In making its decision to participate in this Agreement and the Transaction, Buyer has relied solely on its own independent investigation, analysis and evaluation of the Ownership Interest to be Purchased, the Facility and any business associated therewith.
Knowledgeable Investor. Lender considers itself a sophisticated investor, having such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investment in the Loan Agreement.
Knowledgeable Investor. Buyer acknowledges that it is fully aware of and advised concerning the present financial condition of the Company, its business affairs and its prospects for future business.
