Acknowledgment of Reasonableness. Each Member hereby expressly acknowledges, represents and warrants that (i) it is a sophisticated investor, (ii) it understands the terms, conditions and waivers set forth in this Section 1.9 and (iii) the provisions of this Section 1.9 are reasonable, taking into account the relative sophistication and bargaining position of the Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Rouse Properties, Inc.), Limited Liability Company Agreement (Rouse Properties, Inc.), Limited Liability Company Agreement (Rouse Properties, Inc.)
Acknowledgment of Reasonableness. Each Member The Members hereby expressly acknowledgesacknowledge, represents represent and warrants warrant that (i) it is a they are sophisticated investorinvestors, (ii) it understands they understand the terms, conditions and waivers set forth in this Section 1.9 12.2, and (iii) that the provisions of this Section 1.9 12.2 are reasonable, taking into account the relative sophistication and bargaining position of the Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Limoneira CO), Limited Liability Company Agreement (Limoneira CO)
Acknowledgment of Reasonableness. Each Member The Members hereby expressly acknowledgesacknowledge, represents represent and warrants warrant that (i) it is a they are sophisticated investorinvestors, (ii) it understands they understand the terms, conditions and waivers set forth in this Section 1.9 1.9, and (iii) that the provisions of this Section 1.9 are reasonable, taking into account the relative sophistication and bargaining position of the Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Whitney Information Network Inc), Limited Liability Company Agreement (Whitney Information Network Inc)
Acknowledgment of Reasonableness. Each Member The Members hereby expressly acknowledgesacknowledge, represents represent and warrants warrant that (i) it is a they are sophisticated investorinvestors, (ii) it understands they understand the terms, conditions and waivers set forth in this Section 1.9 6.11 and (iii) that the provisions of this Section 1.9 6.11 are reasonable, taking into account the relative sophistication and bargaining position of the Members.
Appears in 2 contracts
Samples: Operating Agreement (MGM Mirage), Operating Agreement (MGM Mirage)
Acknowledgment of Reasonableness. Each Member The Members hereby expressly acknowledgesacknowledge, represents represent and warrants warrant that (i) it is a they are sophisticated investordevelopers and investors, (ii) it understands they understand the terms, conditions and waivers set forth in this Section 1.9 1.10 and (iii) that the provisions of this Section 1.9 1.10 are reasonable, taking into account the relative sophistication and bargaining position of the Members.
Appears in 1 contract
Samples: Operating Agreement (Udc Homes Inc)
