Common use of Sophistication Clause in Contracts

Sophistication. The Purchaser is an accredited investor, as described in Rule 501(a) promulgated under the Securities Act and has such experience in business and financial matters that it is capable of evaluating the merits and risk of an investment in the Company.

Appears in 6 contracts

Samples: Stock Purchase Agreement (MOPALS.COM, Inc.), Stock Purchase Agreement (MOPALS.COM, Inc.), Stock Purchase Agreement (MOPALS.COM, Inc.)

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Sophistication. The Purchaser Purchaser: (a) is an accredited investor, “Accredited Investor” as described that term is defined in Rule 501(a) 501 of Regulation D promulgated under the Securities Act and (b) has such knowledge and experience in financial and business and financial matters generally that it he is capable of evaluating the merits and risk risks of an investment in the CompanyShares.

Appears in 1 contract

Samples: Stock Purchase and Option Agreement (Berg Carl E)

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Sophistication. The Purchaser is an accredited investor, as described that term is defined in Rule 501(a) under Regulation D promulgated under pursuant to the Securities Act and has such experience in business and financial matters that it Act. The Purchaser is capable of evaluating the merits and risk of an investment in its investment, and has not been organized for the Companypurpose of acquiring Shares.

Appears in 1 contract

Samples: Share Purchase Agreement (Cellular Biomedicine Group, Inc.)

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