Common use of Advice from Independent Counsel/Voluntary Agreement Clause in Contracts

Advice from Independent Counsel/Voluntary Agreement. Notwithstanding the provisions of Section 10.8, the Members represent and warrant that (a) each of them is represented by legal and tax counsel of its choice, (b) each of them has consulted with such counsel regarding this Agreement, (c) each of them is fully aware of the meaning and the tax and other consequences of the provisions contained herein, (d) each of them has not relied in any way on any representation or other statement made by any other Member or its legal or tax counsel or by any other Person and (e) each of them has entered into this Agreement voluntarily and without coercion or duress of any kind.

Appears in 4 contracts

Samples: Limited Liability (Sentio Healthcare Properties Inc), Limited Liability Company Agreement (Sentio Healthcare Properties Inc), Limited Liability Company Agreement (Sentio Healthcare Properties Inc)

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Advice from Independent Counsel/Voluntary Agreement. Notwithstanding the provisions of Section 10.811.8, the Members represent and warrant that (a) each of them is represented by legal and tax counsel of its choice, (b) each of them has consulted with such counsel regarding this Agreement, (c) each of them is fully aware of the meaning and the tax and other consequences of the provisions contained herein, (d) each of them has not relied in any way on any representation or other statement made by any other Member or its legal or tax counsel or by any other Person and (e) each of them has entered into this Agreement voluntarily and without coercion or duress of any kind.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cornerstone Healthcare Plus Reit, Inc.), Limited Liability Company Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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