Risk of Investment. Such Purchaser acknowledges that (i) it has been called to such Purchaser’s attention that such Purchaser’s investment in the Shares involves a high degree of risk, (ii) any investment in the Company is not insured by any governmental or other entity, and (iii) such Purchaser understands that the Shares will be an illiquid investment. Further, such Purchaser acknowledges that there are certain tax risks associated with the proposed investment and no assurances are being made that existing tax laws and regulations will not be modified in the future, thus altering tax consequences associated with this potential investment. The Company has never made any representation, guarantee or warranty (a) as to the approximate or exact length of time that such Purchaser will be required to remain an owner of the Shares (or any other securities of the Company); (b) the percentage of profit, amount of or type of consideration and/or profit or loss, if any, that will result from an investment in the Shares; or (c) that any future expectations relating to the Company’s performance indicate in any way what the Company’s financial condition or results of operations will be in the future. Such Purchaser understands the speculative nature of an investment in the Shares and the financial risks associated with the Shares.
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Samples: Securities Purchase Agreement (Singing Machine Co Inc), Securities Purchase Agreement (Singing Machine Co Inc), Securities Purchase Agreement (Singing Machine Co Inc)
Risk of Investment. Such Purchaser acknowledges that (i) it has been called to such Purchaser’s 's attention that such Purchaser’s 's investment in the Shares involves a high degree of risk, (ii) any investment in the Company is not insured by any governmental or other entity, and (iii) such Purchaser understands that the Shares will be an illiquid investment. Further, such Purchaser acknowledges that there are certain tax risks associated with the proposed investment and no assurances are being made that existing tax laws and regulations will not be modified in the future, thus altering tax consequences associated with this potential investment. The Company has never made any representation, guarantee or warranty (a) as to the approximate or exact length of time that such Purchaser will be required to remain an owner of the Shares (or any other securities of the Company); (b) the percentage of profit, amount of or type of consideration and/or profit or loss, if any, that will result from an investment in the Shares; or (c) that any future expectations relating to the Company’s 's performance indicate in any way what the Company’s 's financial condition or results of operations will be in the future. Such Purchaser understands the speculative nature of an investment in the Shares and the financial risks associated with the Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Singing Machine Co Inc)
Risk of Investment. Such Purchaser acknowledges that (i) it has been called to such Purchaser’s 's attention that such Purchaser’s 's investment in the Shares Securities involves a high degree of risk, (ii) any investment in the Company is not insured by any governmental or other entity, and (iii) such Purchaser understands that the Shares Securities will be an illiquid investment. Further, such Purchaser acknowledges that there are certain tax risks associated with the proposed investment and no assurances are being made that existing tax laws and regulations will not be modified in the future, thus altering tax consequences associated with this potential investment. The Company has never made any representation, guarantee or warranty (aA) as to the approximate or exact length of time that such Purchaser will be required to remain an owner of the Shares Securities (or any other securities of the Company); (bB) the percentage of profit, amount of or type of consideration and/or profit or loss, if any, that will result from an investment in the SharesSecurities; or (cC) that any future expectations relating to the Company’s 's performance indicate in any way what the Company’s 's financial condition or results of operations will be in the future. Such Purchaser understands the speculative nature of an investment in the Shares Securities and the financial risks associated with the SharesSecurities.
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Samples: Securities Purchase Agreement (Omni Energy Services Corp)