Common use of Suitability and Investment Objectives Clause in Contracts

Suitability and Investment Objectives. The purchase of the Preferred Shares by Purchaser is consistent with the general investment objectives of the Purchaser. The Purchaser understands that the purchase of the Preferred Shares involves a high degree of risk in view of the fact that, among other things, the Company is an early-stage enterprise, and there may be no established market for the Company's capital stock.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Premier Research Worldwide LTD), Preferred Stock Purchase Agreement (Premier Research Worldwide LTD)

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Suitability and Investment Objectives. The purchase of the Preferred Shares by Purchaser is consistent with the general investment objectives of the Purchaser. The Purchaser understands that the purchase of the Preferred Shares involves a high degree of risk in view of the fact that, among other things, the Company is an earlya start-stage up enterprise, and there may be no established market for the Company's capital stock.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Verticalnet Inc), Registration Rights Agreement (Med-Design Corp)

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Suitability and Investment Objectives. The purchase of the Preferred Shares by each Purchaser is consistent with the general investment objectives of the Purchaser. The Purchaser understands that the purchase of the Preferred Shares involves a high degree of risk in view of the fact that, among other things, the Company is an earlya start-stage up enterprise, and there may never be no an established market for the Company's capital stock.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)

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