Subscriber Bears Economic Risk. Subscriber has substantial experience in evaluating and investing in private placement transactions in companies similar to the Company so that it is capable of evaluating the merits and risks, including the risks listed on Schedule 5.7, of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment until the Units are sold by Subscriber.
Subscriber Bears Economic Risk. Subscriber has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment indefinitely unless the applicable Securities are registered pursuant to the Securities Act and applicable state securities laws or an exemption from registration is available. Subscriber acknowledges that it is able to bear the economic risk of losing Subscriber’s entire investment in the Securities. Subscriber understands that the Company has no present intention of registering the Securities under the Securities Act or any state securities laws. Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act or any state securities laws will be available and that, even if available, such exemption may not allow Subscriber to transfer all or any portion of the Securities under the circumstances, in the amounts or at the times Subscriber might propose. Subscriber also understands that an investment in the Company involves significant risks and has taken full cognizance of and understands all of the risk factors relating to the purchase of the Securities.
Subscriber Bears Economic Risk. Purchaser has such knowledge and experience in financial and business matters so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Purchaser is able to bear the economic risk of this investment indefinitely.
Subscriber Bears Economic Risk. The Subscriber is experienced in evaluating and making investments of the type contemplated by this Agreement and is financially able to bear the risks of the investment. The Subscriber understands and acknowledges that it could lose their entire investment.
Subscriber Bears Economic Risk. Subscriber understands the risks in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber acknowledges that Subscriber is able to bear the economic risk of losing Subscriber’s entire investment in the Securities. Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act will be available and that, even if available, such exemption may not allow Subscriber to transfer all or any portion of the Securities under the circumstances, in the amounts or at the times Subscriber might propose. Subscriber also understands that an investment in the Company involves significant risks and has taken full cognizance of and understands all of the risk factors relating to the purchase of Securities, including without limitation, the risks set forth in Section 5 of this Subscription Agreement.
Subscriber Bears Economic Risk. The Subscriber has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Subscriber has been granted the opportunity to ask questions of, and receive satisfactory answers from, representatives of the Company concerning the terms and conditions of the investment in the Company and has had the opportunity to obtain and has obtained any additional information that it deems necessary regarding the investment in the Company, and has not relied on any person in connection with its investigation of the accuracy or sufficiency of such information or its investment decision. The Subscriber understands that it may be required to bear the economic risk of this investment indefinitely and may not transfer the Securities unless the Securities are registered pursuant to the Securities Act, or an exemption from registration is available, and such transfer is not in contravention of the Company’s organizational documents. The Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act will be available and that, even if available, such exemption may not allow the Subscriber to transfer all or any portion of the Securities under the circumstances, in the amounts or at the times the Subscriber might propose. The certificates representing the Securities will bear appropriate legends reflecting such limitations on transfer.
Subscriber Bears Economic Risk. Subscriber has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Subscriber understands that it may be required to bear the economic risk of this investment indefinitely and may not transfer the Stock unless the Stock is registered pursuant to the Securities Act, or an exemption from registration is available. Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act will be available and that, even if available, such exemption may not allow Subscriber to transfer all or any portion of the Committed Shares under the circumstances, in the amounts or at the times Subscriber might propose. The certificates representing the Stock will bear appropriate legends reflecting such limitations on transfer.
Subscriber Bears Economic Risk. Subscriber has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment indefinitely unless the Shares are registered pursuant to the Securities Act, or an exemption from registration is available. Subscriber understands that the Company has no present intention of registering the Shares or any other securities issued in respect of the Shares upon any stock split, stock dividend, recapitalization, merger, consolidation or similar event. Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act will be available and that, even if available, such exemption may not allow Subscriber to transfer all or any portion of the Shares under the circumstances, in the amounts or at the times Subscriber might propose.
Subscriber Bears Economic Risk. Subscriber has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment indefinitely unless the Convertible Series A (or the Conversion Shares) are registered pursuant to the Securities Act, or an exemption from registration is available. Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act will be available and that, even if available, such exemption may not allow Subscriber to transfer all or any portion of the Convertible Series A or the Conversion Shares under the circumstances, in the amounts or at the times Subscriber might propose.
Subscriber Bears Economic Risk. Subscriber must bear the economic risk of this investment indefinitely unless the Membership Interest is registered pursuant to the Securities Act or an exemption from registration is available. Subscriber acknowledges that Subscriber is able to bear the economic risk of losing Subscriber’s entire investment in the Membership Interest. Subscriber understands that the Company has no present intention of registering the Membership Interest. Subscriber also understands that there is no assurance that any exemption from registration under the Securities Act will be available and that, even if available, such exemption may not allow Subscriber to transfer all or any portion of the Membership Interest under the circumstances, in the amounts or at the times Subscriber might propose. Subscriber also understands that an investment in the Company involves significant risks and has taken full cognizance of and understands all of the risk factors relating to the purchase of Membership Interest.
