Sufficient Knowledge and Experience Sample Clauses
The Sufficient Knowledge and Experience clause establishes that a party, typically the buyer or participant, possesses the necessary understanding and expertise to engage in the transaction or activity covered by the agreement. In practice, this means the party affirms they have evaluated the risks, sought independent advice if needed, and are not relying solely on the other party’s representations. This clause serves to protect the provider or seller by reducing liability, ensuring that the participant cannot later claim ignorance or lack of understanding as grounds for dispute.
POPULAR SAMPLE Copied 2 times
Sufficient Knowledge and Experience. ▇▇▇▇▇ has sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment in the Units.
Sufficient Knowledge and Experience. Management of Xcelerate has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of investments generally and of this investment in the Subject Interest in particular and is able to bear the economic risk of this investment with the full understanding that it can lose the entire investment.
Sufficient Knowledge and Experience. Has sufficient knowledge and experience in business and financial matters, or has received competent professional advice concerning AMCI and the transactions contemplated in this Agreement, to evaluate the risks thereof;
Sufficient Knowledge and Experience. ICM has sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment in the Units.
Sufficient Knowledge and Experience. The Initial Purchaser represents and warrants that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the prospective investment in the Bonds and the Conversion Shares, and has received or has access to all the information it considers necessary or appropriate for deciding whether to purchase the Bonds and the Conversion Shares.