Common use of Stockholder Has Adequate Information Clause in Contracts

Stockholder Has Adequate Information. Stockholder is a ------------------------------------ sophisticated seller with respect to the Option Shares and has adequate information concerning the business and financial condition of the Company to make an informed decision regarding the sale of the Option Shares and has independently and without reliance upon Sprint and based on such information as Stockholder has deemed appropriate, made its own analysis and decision to enter into this Agreement. Stockholder acknowledges that Sprint has not made and does not make any representation or warranty, whether express or implied, of any kind or character except as expressly set forth in this Agreement. Stockholder acknowledges that the sale of the Option Shares by Stockholder to Sprint is irrevocable, and that Stockholder shall have no recourse to the Option Shares or Sprint, except with respect to breaches of representations, warranties, covenants and agreements expressly set forth in this Agreement.

Appears in 9 contracts

Samples: Stockholder and Option Agreement (Sprint Corp), Stockholder and Option Agreement (Sprint Corp), Stockholder and Option Agreement (Sprint Corp)

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Stockholder Has Adequate Information. Stockholder is a sophisticated ------------------------------------ sophisticated seller with respect to the Option Shares and has adequate information concerning the business and financial condition of the Company to make an informed decision regarding the sale of the Option Shares and has independently and without reliance upon Sprint and based on such information as Stockholder has deemed appropriate, made its own analysis and decision to enter into this Agreement. Stockholder acknowledges that Sprint has not made and does not make any representation or warranty, whether express or implied, of any kind or character except as expressly set forth in this Agreement. Stockholder acknowledges that the sale of the Option Shares by Stockholder to Sprint is irrevocable, and that Stockholder shall have no recourse to the Option Shares or Sprint, except with respect to breaches of representations, warranties, covenants and agreements expressly set forth in this Agreement.

Appears in 1 contract

Samples: Stockholder and Option Agreement (Sprint Corp)

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Stockholder Has Adequate Information. Stockholder is a ------------------------------------ sophisticated seller with respect to the Option Shares and has adequate information concerning the business and financial condition of the Company to make an informed decision regarding the sale of the Option Shares and has independently and without reliance upon Sprint Parent and based on such information as Stockholder has deemed appropriate, made its own analysis and decision to enter into this Agreement. Stockholder acknowledges that Sprint Parent has not made and does not make any representation or warranty, whether express or implied, of any kind or character except as expressly set forth in this Agreement. Stockholder acknowledges that the sale of the Option Shares by Stockholder to Sprint Parent is irrevocable, and that Stockholder shall have no recourse to the Option Shares or SprintParent, except with respect to breaches of representations, warranties, covenants and agreements expressly set forth in this Agreement.

Appears in 1 contract

Samples: Stockholder and Option Agreement (Sprint Corp)

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