Common use of Suitable Investment Clause in Contracts

Suitable Investment. The Lender believes that the investment in the Note is suitable for the Lender based upon the Lender's investment objectives and financial needs, and the Lender has adequate means for providing for the Lender's current financial needs and has no need for liquidity of investment with respect to the Note.

Appears in 2 contracts

Samples: Loan Modification Agreement (Worldport Communications Inc), Loan Agreement (Trans World Gaming Corp)

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Suitable Investment. The Lender believes that the investment in the Note and the Warrants is suitable for the Lender based upon the Lender's investment objectives and financial needs, and the Lender has adequate means for providing for the Lender's current financial needs and has no need for liquidity of investment with respect to the Note.

Appears in 2 contracts

Samples: Loan Agreement (Value Partners LTD /Tx/), Loan Agreement (Trans World Gaming Corp)

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