Common use of Absence of Offering Memorandum or Similar Document Clause in Contracts

Absence of Offering Memorandum or Similar Document. Other than the Offering Memorandum and this Subscription Agreement, the Purchaser has not received, nor has it requested, nor does it have any need to receive, any documents that may be construed as a prospectus or an “offering memorandum” under applicable Securities Laws or any similar document, and the Purchaser is basing its investment decision solely on the Offering Memorandum and not on any other information concerning the Fund or the Offering. The Purchaser further acknowledges and agrees that the Purchaser has read and understood the Offering Memorandum and has had an opportunity to ask and have answered questions with respect to the Fund and the Offering and the proposed use of proceeds and the subscription hereby made;