Common use of Sophisticated Purchaser Clause in Contracts

Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, such knowledge, sophistication and experience in financial and business matters and in making investment decisions of this type that it is capable of (i) evaluating the merits and risks of an investment in the Securities and making an informed investment decision; (ii) protecting its own interest; and (iii) bearing the economic risk of such investment for an indefinite period of time.

Appears in 2 contracts

Samples: Investment Agreement (Probe Manufacturing Inc), Investment Agreement (Homeland Security Network, Inc.)

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Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, has such knowledge, sophistication knowledge and experience in financial and business matters and in making investment decisions of this type that it is capable of (i) evaluating the merits and risks of an the prospective investment in the Securities and making an informed investment decision; (ii) protecting its own interest; and (iii) bearing the economic risk of such investment for an indefinite period of timeCompany.

Appears in 2 contracts

Samples: Membership Unit Purchase Agreement (Isun, Inc.), Note Purchase Agreement

Sophisticated Purchaser. The Purchaser has, by reason of its business and financial experience, has such knowledge, sophistication knowledge and experience in financial and business matters and in making investment decisions of this type that it is capable of (i) evaluating the merits and risks of an investment in the Securities and making an informed investment decision; (ii) protecting its own interest; and (iii) bearing purchase of the economic risk of such investment for an indefinite period of timeCommon Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Total Identity Corp)

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Sophisticated Purchaser. (i) The Purchaser has, by reason of its business and financial experience, has such knowledge, sophistication knowledge and experience in financial and business matters and in making investment decisions of this type so that it the Purchaser is capable of (i) protecting the Purchaser’s own interests in connection with the acquisition of the Shares and evaluating the merits and risks of an the Purchaser’s investment in the Securities Company and making an informed investment decision; (ii) protecting its own interest; and (iii) bearing the economic risk purchase of such investment for an indefinite period of timethe Shares.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Pharmstandard International S.A.)

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