Common use of Nature of the Risk Clause in Contracts

Nature of the Risk. Consultant represents, warrants and agrees that he understands that the Company's business is, by its nature, speculative; that Consultant is aware that the financial resources of the Company are extremely limited and that it is very likely that the Company will require additional capital, and there is no assurance that such capital will be available if necessary; that Consultant is familiar with the high degree of risk that is involved in the Company's business, and that Consultant is financially able and willing to accept the substantial risk involved in such investment, including the risk of loss of the entire amount invested.

Appears in 4 contracts

Samples: Consultation and Securities Compensation Agreement (Black Mountain Holdings, Inc.), Consultation and Securities Compensation Agreement (Biomedical Technology Solutions Holdings Inc), Consultation and Securities Compensation Agreement (Skylynx Communications Inc)

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Nature of the Risk. Consultant represents, warrants and agrees that he understands that the Company's business is, by its nature, speculative; that Consultant is aware that the financial resources of the Company are extremely limited and that it is very likely that the Company will require additional capital, and there is no assurance that such capital will be available if necessary; that Consultant is familiar with the high degree of risk that is involved in the Company's business, and that Consultant is financially able and willing to accept the substantial risk involved in such investment, including the risk of loss of the entire amount investedof his compensation.

Appears in 2 contracts

Samples: Consultation Agreement (Atlas Minerals Inc), Consultation Agreement (Applied Research Corp)

Nature of the Risk. Consultant represents, warrants and agrees that he understands that the Company's business is, by its nature, speculative; that Consultant is aware that the financial resources of the Company are extremely limited and that it is very likely that the Company will require additional capital, and there is no assurance that such capital will be available if necessary; that Consultant is familiar with the high degree of risk that is involved in the Company's business, and that Consultant is financially able and willing to accept the substantial risk involved in such investment, including the risk of loss of the entire amount invested.of his

Appears in 1 contract

Samples: Consultation Agreement (Applied Research Corp)

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Nature of the Risk. Consultant represents, warrants and agrees that he understands that the Company's business is, by its nature, speculative; that Consultant is aware that the financial resources of the Company are extremely limited and that it is very likely that the Company will require additional capital, and there is no assurance that such capital will be available if necessary; that Consultant is familiar with the high degree of risk that is involved in the Company's ’s business, and that Consultant is financially able and willing to accept the substantial risk involved in such investment, including the risk of loss of the entire amount investedof his compensation.

Appears in 1 contract

Samples: Consulting Agreement (Atlas Minerals Inc)

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