Common use of Sophistication and Knowledge Clause in Contracts

Sophistication and Knowledge. Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the purchase of the Shares, and Purchaser can bear the economic risks of investment in the Shares and can afford a complete loss of its investment.

Sophistication and Knowledge. The Purchaser has such sufficient knowledge and experience in financial and business matters that it is capable of evaluating to enable him to evaluate the merits and risks of the purchase of the Shares, Purchased Shares and the Purchaser can bear the economic risks of investment in the Purchased Shares and can afford a complete loss of its his investment.