Common use of Suitability and Sophistication Clause in Contracts

Suitability and Sophistication. The Purchaser, and each of the stockholders of the Purchaser, has (i) such knowledge and experience in financial and business matters that it is capable of independently evaluating the risks and merits of purchasing the Shares it is purchasing; (ii) independently evaluated the risks and merits of purchasing such Shares and has independently determined that the Shares are a suitable investment for it; and (iii) sufficient financial resources to bear the loss of its entire investment in such Shares. The Purchaser has had an opportunity to review the SEC Filings of the Company.

Suitability and Sophistication. The Purchaser, and each of the stockholders of the Purchaser, Each Purchaser has (i) such knowledge and experience in financial and business matters that it such Purchaser is capable of independently evaluating the risks and merits of purchasing the Shares it such Purchaser is purchasing; (ii) independently evaluated the risks and merits of purchasing such Shares and has independently determined that the Shares are a suitable investment for itsuch Purchaser; and (iii) sufficient financial resources to bear the loss of its such Purchaser’s entire investment in such Shares. The Each Purchaser has had an opportunity to review the SEC Filings of the Company.

Suitability and Sophistication. The Purchaser, and each of the stockholders of the Purchaser, Purchaser has (i) such knowledge and experience in financial and business matters that it is capable of independently evaluating the risks and merits of purchasing the Shares it is purchasing; (ii) independently evaluated the risks and merits of purchasing such Shares and has independently determined that the Shares are a suitable investment for ithim; and (iii) sufficient financial resources to bear the loss of its his entire investment in such Shares. The Purchaser has had an opportunity to review the SEC Filings of the CompanyFilings.

Suitability and Sophistication. The Purchaser, and each of the stockholders of the Purchaser, Purchaser has (i) such knowledge and experience in financial and business matters that it is capable of independently evaluating the risks and merits of purchasing the Shares it is purchasing; (ii) independently evaluated the risks and merits of purchasing such Shares and has independently determined that the Shares are a suitable investment for it; and (iii) sufficient financial resources to bear the loss of its entire investment in such Shares. The Purchaser has had an opportunity to review the SEC Filings of the CompanyFilings.