Nature of Purchaser. The Purchaser represents and warrants to the Company that (i) it is an “accredited investor” as defined in Rule 501(a) promulgated under the Securities Act and (ii) by reason of its business and financial experience it has such knowledge, sophistication and experience in making similar investments and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Securities, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment;
Appears in 3 contracts
Samples: Spectrum Contribution Agreement (Terrestar Corp), Master Investment Agreement (Terrestar Corp), Master Investment Agreement (Terrestar Corp)
Nature of Purchaser. The Purchaser represents and warrants to to, and covenants and agrees with, the Company that that, (i) it is an “"accredited investor” as defined in " within the meaning of paragraphs (a)(3) or (8) of Rule 501(a) promulgated 501 under the Securities Act and (ii) by reason of its business and financial experience it has such knowledge, sophistication and experience in making similar investments and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Securities, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment;.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Southwest Royalties Holdings Inc), Securities Purchase Agreement (Sierra Well Service Inc)
Nature of Purchaser. The Purchaser represents and warrants to the Company that (i) it is an “"accredited investor” " as defined in Rule 501(a) promulgated under the Securities Act and (ii) by reason of its business and financial experience it has such knowledge, sophistication and experience in making similar investments and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Securities, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment;
Appears in 2 contracts
Samples: Master Investment Agreement (Harbinger Capital Partners Master Fund I, Ltd.), Spectrum Contribution Agreement (Harbinger Capital Partners Master Fund I, Ltd.)
Nature of Purchaser. The Purchaser represents and warrants to to, and covenants and agrees with, the Company that that, (ia) it is an “"accredited investor” as defined in " within the meaning of paragraph (a)(3) of Rule 501(a) promulgated 501 under the Securities Act and (iib) by reason of its business and financial experience it has such knowledge, sophistication and experience in making similar investments and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Securities, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment;.
Appears in 1 contract
Nature of Purchaser. The (a) Such Purchaser represents and warrants to the Company that (i) it is an “accredited investor” as defined in within the meaning of Rule 501(a) 501 of Regulation D promulgated under by the Commission pursuant to the Securities Act and (iib) by reason of its business and financial experience it experience, such Purchaser has such knowledge, sophistication and experience in making similar investments and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased SecuritiesUnits, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment;.
Appears in 1 contract
Samples: Common Unit Purchase Agreement (Natural Resource Partners Lp)