Common use of Purchaser’s Qualifications Clause in Contracts

Purchaser’s Qualifications. Purchaser has a preexisting personal or business relationship with the Company and/or certain of its officers and/or directors of a nature and duration sufficient to make Purchaser aware of the character, business acumen and general business and financial circumstances of the Company and/or such officers and directors. By reason of Purchaser’s business or financial experience, Purchaser is capable of evaluating the merits and risks of this investment, has the ability to protect Purchaser’s own interests in this transaction and is financially capable of bearing a total loss of this investment.

Appears in 19 contracts

Samples: Restricted Stock Purchase Agreement (Aeluma, Inc.), Founder’s Restricted Stock Purchase Agreement (Aeluma, Inc.), Founder’s Restricted Stock Purchase Agreement (Aeluma, Inc.)

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Purchaser’s Qualifications. Purchaser has a preexisting personal -------------------------- or business relationship with the Company and/or certain of its officers and/or directors of a nature and duration sufficient to make Purchaser aware of the character, business acumen and general business and financial circumstances of the Company and/or such officers and directors. By reason of Purchaser’s 's business or financial experience, Purchaser is capable of evaluating the merits and risks of this investment, has the ability to protect Purchaser’s 's own interests in this transaction and is financially capable of bearing a total loss of this investment.

Appears in 12 contracts

Samples: Restricted Stock Purchase Agreement (Kintana Inc), Founder's Restricted Stock Purchase Agreement (Liquid Audio Inc), Founder's Restricted Stock Purchase Agreement (Liquid Audio Inc)

Purchaser’s Qualifications. Purchaser has a preexisting personal or business relationship with the Company and/or certain of its officers and/or directors of a nature and duration sufficient to make Purchaser aware of the character, business acumen and general business and financial circumstances of the Company and/or such officers and directors. By reason of Purchaser’s 's business or financial experience, Purchaser is capable of evaluating the merits and risks of this investment, has the ability to protect Purchaser’s 's own interests in this transaction and is financially capable of bearing a total loss of this investment.

Appears in 7 contracts

Samples: Non Plan Stock Option Grant Agreement (Silicon Image Inc), Restricted Stock Purchase Agreement (Gric Communications Inc), Founder's Restricted Stock Purchase Agreement (Handspring Inc)

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Purchaser’s Qualifications. Purchaser has a preexisting personal investment, commercial or business relationship with the Company and/or certain of its officers and/or directors of a nature and duration sufficient to make Purchaser aware of the character, business acumen and general business and financial circumstances of the Company and/or and its operations. Purchaser has such officers knowledge and directors. By reason of experience in financial and business matters that Purchaser’s business or financial experience, Purchaser is capable of evaluating the merits and risks of this prospective investment, has the ability capacity to protect Purchaser’s own interests in connection with this transaction transaction, and is financially capable of bearing a total loss of this investmentthe Purchase Price paid for the Purchased Shares.

Appears in 1 contract

Samples: Secondary Stock Purchase Agreement (Taylor Andrew C)

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