Common use of Purchaser’s Status Clause in Contracts

Purchaser’s Status. (a) Purchaser is an “accredited investor” within the meaning of Rule 501(a) of Regulation D under the United States Securities Act of 1933, as amended, and (b) Purchaser is a sophisticated investor with sufficient investment or financial knowledge and experience as well as knowledge of and opportunity to investigate the Company, which enable it to properly evaluate the risks and merits of its participation in the transaction contemplated hereunder and protect its own interest in connection therewith.

Appears in 2 contracts

Samples: Share Purchase Agreement (Warburg Pincus Private Equity X, L.P.), Share Purchase Agreement (China Biologic Products, Inc.)

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Purchaser’s Status. (a) Purchaser represents that it is a sophisticated investor with experience in making investments of this type and is an “accredited investor” within the meaning of Accredited Investor as that term is defined in Rule 501(a) of Regulation D under the United States Securities Act of 1933, as amended, and (b) Purchaser is a sophisticated investor with sufficient investment or financial knowledge and experience as well as knowledge of and opportunity to investigate the Company, which enable it to properly evaluate the risks and merits of its participation in the transaction contemplated hereunder and protect its own interest in connection therewith.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Duberstein Gary K), Stock Purchase Agreement (Asha Corp)

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