Common use of Preexisting Relationship with Company; Business and Financial Experience Clause in Contracts

Preexisting Relationship with Company; Business and Financial Experience. It either (i) has a prior business and/or personal relationship with the Company and/or its officers and directors, or (ii) by reason of its business or financial experience or the business or financial experience of its professional advisors who are unaffiliated with the Company and who are not compensated by the Company, has the capacity to protect its own interests in connection with the purchase of the Shares and underlying Conversion Stock.

Appears in 2 contracts

Samples: Series I Preferred Stock Purchase Agreement (Oxis International Inc), Series I Preferred Stock Purchase Agreement (Oxis International Inc)

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Preexisting Relationship with Company; Business and Financial Experience. It either (i) has a prior business and/or personal relationship with the Company and/or its officers and directors, or (ii) by reason of its business or financial experience or the business or financial experience of its professional advisors who are unaffiliated with the Company Company, and who are not compensated by the Company, it has the capacity to protect its own interests in connection with the purchase of the Shares and underlying Conversion StockSecurities.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Quality Care Solutions Inc)

Preexisting Relationship with Company; Business and Financial Experience. It either (ia) has a prior business and/or personal relationship with the Company and/or its officers and directors, or (iib) by reason of its business or financial experience or the business or financial experience of its professional advisors who are unaffiliated with the Company Company, and who are not compensated by the Company, it has the capacity to protect its own interests in connection with the purchase of the Shares and underlying Conversion StockSecurities.

Appears in 1 contract

Samples: Note and Share Purchase Agreement (Dyna Cam)

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Preexisting Relationship with Company; Business and Financial Experience. It either (i) has a prior business and/or personal relationship with the Company and/or its officers and directors, or (ii) by reason of its business or financial experience or the business or financial experience of its professional advisors who are unaffiliated with the Company Company, and who are not compensated by the Company, it has the capacity to protect its own interests in connection with the purchase of the Shares and underlying Conversion Stock.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Quality Care Solutions Inc)

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