Common use of Sophistication, Financial Strength, Access, etc Clause in Contracts

Sophistication, Financial Strength, Access, etc. Each Shareholder ----------------------------------------------- represents, warrants and acknowledges that, with respect to the Company, he, she or it is an Accredited Investor (as that term is defined in Rule 501 promulgated by the Securities and Exchange Commission under the Act), that he, she or it has such knowledge and experience in business and financial matters as to be capable of evaluating the merits and risks of the investment contemplated to be made hereunder; that such investment bears a high degree of risk and could result in a total loss of his, his or its investment; and that he, she or it have sufficient financial strength to hold the same as an investment and to bear the economic risks of such investment (including possible loss of such investment) for an indefinite period of time.

Sophistication, Financial Strength, Access, etc. Each Shareholder ----------------------------------------------- represents, warrants and acknowledges that, with respect to the Company, he, she or it is an Accredited Investor (as that term is defined in Rule 501 promulgated by the Securities and Exchange Commission under the Act), that he, she or it has such knowledge and experience in business and financial matters as to be capable of evaluating the merits and risks of the investment contemplated to be made hereunder; that such investment bears a high degree of risk and could result in a total loss of his, his or its investment; and that he, she or it have sufficient financial strength to hold the same as an investment and to bear the economic risks of such investment (including possible loss of such investment) for an indefinite period of time.

Sophistication, Financial Strength, Access, etc. Each Shareholder ----------------------------------------------- represents, warrants and acknowledges that, with respect to the Company, he, she or it is an Accredited Investor (as that term is defined in Rule 501 promulgated by the Securities and Exchange Commission under the Act), that he, she or it has such knowledge and experience in business and financial matters as to be capable of evaluating the merits and risks of the investment contemplated to be made hereunder; that such investment bears a high degree of risk and could result in a total loss of his, his her or its investment; and that he, she or it have sufficient financial strength to hold the same as an investment and to bear the economic risks of such investment (including possible loss of such investment) for an indefinite period of time.

Sophistication, Financial Strength, Access, etc. Each Shareholder ----------------------------------------------- represents, warrants and acknowledges that, with respect to the Company, he, she she, or it is an Accredited Investor (as that term is defined in Rule 501 promulgated by the Securities Securites and Exchange Commission under the Act), that he, she she, or it has such knowledge and experience in business and financial matters as to be capable of evaluating the merits and risks of the investment contemplated to be made hereunder; , that such investment bears a high degree of risk and could result in a total loss of his, his or its investment; and that he, she she, or it have sufficient financial strength to hold the same as an investment and to bear the economic risks of such investment (including possible loss of such investment) for an indefinite period of time.