Common use of Laurus Bears Economic Risk Clause in Contracts

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent so that it is capable of evaluating the merits and risks of its investment in the Parent and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 44 contracts

Samples: Security Agreement (Dynamic Health Products Inc), Security and Purchase Agreement (360 Global Wine Co), Security Agreement (Spacedev Inc)

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Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent Company so that it is capable of evaluating the merits and risks of its investment in the Parent Company and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 15 contracts

Samples: Security Agreement (Conversion Services International Inc), Security Agreement (Comc Inc), Security Agreement (Digital Lifestyles Group Inc)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent Company so that it is capable of evaluating the merits and risks of its investment in the Parent Company and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 9 contracts

Samples: Security Agreement (Gvi Security Solutions Inc), Security Agreement (Home Solutions of America Inc), Security Agreement (Spacedev Inc)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent so that it is capable of evaluating the merits and risks of its investment in the Parent and has the capacity to protect its own interests. Laurus acknowledges that it must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 2 contracts

Samples: Security Agreement (Airnet Communications Corp), Security Agreement (Airnet Communications Corp)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent Company so that it is capable of evaluating the merits and risks of its investment in the Parent Company and has the capacity to protect its own interests. Laurus must will bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available. Laurus acknowledges that the investment contemplated by this Agreement and the Ancillary Agreements is speculative and involves a high degree of risk.

Appears in 2 contracts

Samples: Security and Purchase Agreement (On the Go Healthcare Inc), Security and Purchase Agreement (On the Go Healthcare Inc)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent so that it is capable of evaluating the merits and risks of its investment in the Parent and has the capacity to protect its own interests. Laurus must and is financially able to bear the economic risk of this investment until including without limitation the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is availableentire loss of this investment.

Appears in 2 contracts

Samples: Security and Purchase Agreement (Miscor Group, Ltd.), Security and Purchase Agreement (Miscor Group, Ltd.)

Laurus Bears Economic Risk. Laurus has substantial experience in ----------------------------- evaluating and investing in private placement transactions of securities in companies similar to the Parent so that it is capable of evaluating the merits and risks of its investment in the Parent and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 1 contract

Samples: Security Agreement (Trinity Learning Corp)

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Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent and the Companies so that it is capable of evaluating the merits and risks of its investment in the Parent and the Companies and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities Equity Interests in the Parent are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.

Appears in 1 contract

Samples: Security Agreement (Elandia International Inc.)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent so that it is capable of evaluating the merits and risks of its investment in the Parent and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is available.. Security[ and Purchase] Agreement 29

Appears in 1 contract

Samples: Security and Purchase Agreement (Xstream Beverage Network, Inc.)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent Company so that it is capable of evaluating the merits and risks of its investment in the Parent Company and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) an exemption from registration is availableavailable with respect to such sale.

Appears in 1 contract

Samples: Security Agreement (Inyx Inc)

Laurus Bears Economic Risk. Laurus has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent Company so that it is capable of evaluating the merits and risks of its investment in the Parent Company and has the capacity to protect its own interests. Laurus must bear the economic risk of this investment until the Securities are sold pursuant to (i) an effective registration statement under the Securities Act, or (ii) if an exemption from registration is available.

Appears in 1 contract

Samples: Loan Agreement (Artemis International Solutions Corp)

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