Common use of Subscriber Bears Economic Risk Clause in Contracts

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.

Appears in 3 contracts

Samples: Subscription Agreement (Global Axcess Corp), Subscription Agreement (Global Axcess Corp), Global Axcess Corp (Global Axcess Corp)

AutoNDA by SimpleDocs

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 is not a broker, broker dealer or an affiliate of a broker dealer.

Appears in 1 contract

Samples: Subscription Agreement (Solar Thin Films, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.