Common use of Sophistication of Investor Clause in Contracts

Sophistication of Investor. The Investor either (i) has a pre-existing personal or business relationship with the Corporation or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation or its controlling persons, or (ii) by reason of the Investor's business or financial experience, individually or in conjunction with the Investor's unaffiliated professional advisors who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, 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 in connection with the transactions contemplated hereby.

Sophistication of Investor. The Investor either (i) has a pre-existing personal or business relationship with the Corporation Company or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation Company or its controlling persons, or (ii) by reason of the Investor's ’s business or financial experience, individually or in conjunction with the Investor's ’s unaffiliated professional advisors who are not compensated by the Corporation Company or any affiliate or selling agent of the CorporationCompany, directly or indirectly, is capable of evaluating the merits and risks of an investment in the SharesSecurities, making an informed investment decision and protecting the Investor's ’s own interests in connection with the transactions contemplated hereby.

Sophistication of Investor. The Investor either (i) has a pre-existing preexisting -------------------------- personal or business relationship with the Corporation Company or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation Company or its controlling persons, or (ii) 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 who are not compensated by advisors, the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, Investor is capable of evaluating the merits and risks of an investment in the Shares and the Warrant Shares, making an informed investment decision and protecting the Investor's his or her own interests in connection with the transactions contemplated herebyinterests.

Sophistication of Investor. The Investor either (i) has a pre-existing personal or business relationship with the Corporation or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation or its controlling persons, or (ii) by reason of the Investor's business or financial Financial experience, individually or in conjunction with the Investor's unaffiliated professional advisors who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, 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 in connection with the transactions contemplated hereby.

Sophistication of Investor. The Investor either (i) has a pre-existing personal or business relationship with the Corporation Company or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation Company or its controlling persons, or (ii) by reason of the Investor's ’s business or financial experience, individually or in conjunction with the Investor's ’s unaffiliated professional advisors who are not compensated by the Corporation Company or any affiliate or selling agent of the CorporationCompany, directly or indirectly, is capable of evaluating the merits and risks of an investment in the Shares, making an informed investment decision and protecting the Investor's ’s own interests in connection with the transactions contemplated hereby.

Sophistication of Investor. The Investor either (i) has a pre-existing personal or business relationship with the Corporation or its controlling persons, such as would enable a reasonably prudent purchaser to be aware of the character and general business and financial circumstances of the Corporation or its controlling persons, or (ii) by reason of the Investor's business or financial experience, individually or in conjunction with the Investor's unaffiliated professional advisors who are not compensated by the Corporation or any affiliate affiliate: or selling agent of the Corporation, directly or indirectly, 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 in connection with the transactions contemplated hereby.