Common use of Purchaser’s Liquidity Clause in Contracts

Purchaser’s Liquidity. In reaching the decision to invest in the Shares, Purchaser has carefully evaluated Purchaser's financial resources and investment position and the risks associated with this investment, and Purchaser acknowledges that Purchaser is able to bear the economic risks of the investment. Purchaser (i) has adequate means of providing for Purchaser's current needs and possible personal contingencies, (ii) has no need for liquidity in Purchaser's investment, (iii) is able to bear the substantial economic risks of an investment in the Shares for an indefinite period and (iv) at the present time, can afford a complete loss of such investment. Purchaser's commitment to investments which are not readily marketable is not disproportionate to Purchaser's net worth and Purchaser's investment in the Shares will not cause Purchaser's overall commitment to become excessive.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Zapme Corp), Common Stock Purchase Agreement (Zapme Corp)

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Purchaser’s Liquidity. In reaching the decision to invest in the Shares, Purchaser has carefully evaluated Purchaser's ’s financial resources and investment position and the risks associated with this investment, and Purchaser acknowledges that Purchaser is able to bear the economic risks of the investment. Purchaser (i) has adequate means of providing for Purchaser's ’s current needs and possible personal contingencies, (ii) has no need for liquidity in Purchaser's ’s investment, (iii) is able to bear the substantial economic risks of an investment in the Shares for an indefinite period and (iv) at the present time, can afford a complete loss of such investment. Purchaser's ’s commitment to investments which are not readily marketable is not disproportionate to Purchaser's ’s net worth and Purchaser's ’s investment in the Shares will not cause Purchaser's ’s overall commitment to become excessive.

Appears in 2 contracts

Samples: Restricted Shares Purchase Agreement, Restricted Shares Purchase Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD)

Purchaser’s Liquidity. In reaching the decision to invest in the Shares, Purchaser has carefully evaluated Purchaser's financial resources and investment position and the risks associated with this investment, and Purchaser acknowledges that Purchaser is able to bear the economic risks of the investment. Purchaser Purchaser (ia) has adequate means of providing for Purchaser's current needs and possible personal contingencies, , (iib) has no need for liquidity in Purchaser's investment, , (iiic) is able to bear the substantial economic risks of an investment in the Shares for an indefinite period and period, and (ivd) at the present time, can afford a complete loss of such investment. Purchaser's commitment to investments which are not readily marketable is not disproportionate to Purchaser's net worth worth, and Purchaser's Purchasers investment in the Shares will not cause Purchaser's overall commitment to become excessive.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Chaparral Network Storage Inc)

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Purchaser’s Liquidity. In reaching the decision to invest in the --------------------- Shares, Purchaser has carefully evaluated Purchaser's financial resources and investment position and the risks associated with this investment, and Purchaser acknowledges that Purchaser is able to bear the economic risks of the investment. Purchaser (i) has adequate means of providing for Purchaser's current needs and possible personal contingencies, (ii) has no need for liquidity in Purchaser's investment, (iii) is able to bear the substantial economic risks of an investment in the Shares for an indefinite period and (iv) at the present time, can afford a complete loss of such investment. Purchaser's commitment to investments which are not readily marketable is not disproportionate to Purchaser's net worth and Purchaser's investment in the Shares will not cause Purchaser's overall commitment to become excessive.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Intervideo Inc)

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