Common use of Sophisticated Seller Clause in Contracts

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

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase and Loan Agreement (Surgivision Inc), Stock Purchase Agreement (Surgivision Inc)

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

Appears in 1 contract

Samples: Stock Purchase and Loan Agreement (DARA BioSciences, Inc.)

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