Common use of Sophisticated Buyer Clause in Contracts

Sophisticated Buyer. (a) SVI has the knowledge and experience in financial and business matters to be capable of making an informed decision with respect to the purchase of the Purchase Shares for the Stock Purchase Price. SVI has all information and materials relating to SVI’s operations, business and properties that SVI deems necessary or appropriate to evaluate its purchase of the Purchase Shares.

Sophisticated Buyer. (a) SVI has the knowledge and experience in financial and business matters to be capable of making an informed decision with respect to the purchase of the Purchase Shares for the Stock Purchase Price. SVI has all information and materials relating to SVI’s 's operations, business and properties that SVI deems necessary or appropriate to evaluate its purchase of the Purchase Shares.