Purchaser’s Liquidity. The Purchaser (i) has no need for liquidity in the Purchaser’s investment, (ii) is able to bear the substantial economic risks of an investment in the Securities for an indefinite period and (iii) at the present time, can afford a complete loss of such investment. The Purchaser’s current commitments to illiquid investments is not disproportionate to the Purchaser’s net worth, and the Purchaser’s investment in the Securities will not cause such commitment to become disproportionate.
Appears in 3 contracts
Samples: Series Seed Preferred Stock Purchase Agreement (Digital Brands Group, Inc.), Common Stock Purchase Agreement (Itec Environmental Group Inc), Common Stock Purchase Agreement (Itec Environmental Group Inc)
Purchaser’s Liquidity. The Purchaser Such Purchaser: (i) has no need for liquidity in the such Purchaser’s investment, ; (ii) is able to bear the substantial economic risks of an investment in the Securities Shares for an indefinite period period; and (iii) at the present time, can afford a complete loss of such investment. The Such Purchaser’s current commitments to illiquid investments is not disproportionate to the such Purchaser’s net worth, and the such Purchaser’s investment in the Securities Shares will not cause such commitment to become disproportionate.
Appears in 1 contract
Samples: Series a 2 Preferred Stock Purchase Agreement (EPAM Systems, Inc.)
Purchaser’s Liquidity. The Purchaser (i) has no need for liquidity in the Purchaser’s investment, (ii) is able to bear the substantial economic risks of an investment in the Securities for an indefinite period and (iii) at the present time, can afford a complete loss of such investment. The Purchaser’s current commitments to illiquid investments is not disproportionate to the Purchaser’s net worth, and the Purchaser’s investment in the Securities will not cause such commitment to become disproportionate..
Appears in 1 contract
Samples: Series Seed Preferred Stock Purchase Agreement (Digital Brands Group, Inc.)
