Common use of Sophistication of Investor Clause in Contracts

Sophistication of Investor. The Investor either (a) has a preexisting personal or business relationship with the Company or its controlling Persons, such as would enable a reasonably prudent investor to be aware of the character and general business and financial circumstances of the Company or its controlling Persons, or (b) by reason of the Investor’s business or financial experience, individually or in conjunction with the Investor’s unaffiliated professional advisors, the Investor is capable of evaluating the merits and risks of an investment in the Shares, making an informed investment decision and protecting the Investor’s own interests.

Sophistication of Investor. The Investor either (ai) has a preexisting personal or business relationship with the Company or its controlling Personspersons, such as would enable a reasonably prudent investor purchaser to be aware of the character and general business and financial circumstances of the Company or its controlling Personspersons, or (bii) by reason of the Investor’s his or her business or financial experience, individually or in conjunction with the Investor’s his or her unaffiliated professional advisors, the Investor is capable of evaluating the merits and risks of an investment in the Shares, making an informed investment decision and protecting the Investor’s his or her own interests.

Sophistication of Investor. The Investor either (ai) has a preexisting personal or business relationship with the Company or its controlling Personspersons, such as would enable a reasonably prudent investor purchaser to be aware of the character and general business and financial circumstances of the Company or its controlling Personspersons, or (bii) by reason of the Investor’s his or her business or financial experience, individually or in conjunction with the Investor’s his or her unaffiliated professional advisors, the Investor is capable of evaluating the merits and risks of an investment in the SharesSecurities, making an informed investment decision and protecting the Investor’s his or her own interests.

Sophistication of Investor. The Investor either (a) has a preexisting personal or business relationship with the Company or its controlling Persons, such as would enable a reasonably prudent investor to be aware of the character and general business and financial circumstances of the Company or its controlling Persons, or (b) by reason of the Investor’s business or financial experience, individually or in conjunction with the Investor’s unaffiliated professional advisors, the Investor is capable of evaluating the merits and risks of an investment in the SharesNotes, making an informed investment decision and protecting the Investor’s own interests.