Commitments, Representations and Warranties of an Investment Advisor. It is understood and agreed that the covenants, representations and warranties in this Agreement made by a Consenting Noteholder that is an investment advisor, subadvisor or manager of a beneficial owner of Notes are made with respect to, and on behalf of, such beneficial owner and not such investment manager, advisor, or subadvisor or any other affiliate thereof, and, if applicable, are made severally (and not jointly) with respect to the investment funds, accounts, and other investment vehicles managed by such investment manager, advisor, or subadvisor.
