Company Representation. Each Senior Noteholder hereby agrees and acknowledges that: (a) Xxxx Xxxxx LLP (“Company Counsel”) has been retained as the Company’s general legal counsel by the Company in connection with the transactions contemplated by this Agreement, and in such capacity it has provided or will provide certain legal services to the Company and to the Manager. (b) Company Counsel is not representing, and will not represent, the Senior Noteholders in connection with their purchase of Senior Notes or any dispute that may arise between the Senior Noteholders, on the one hand, and the Manager, the Company or the respective Affiliates, on the other (the “Company Legal Matters”). (c) Each Senior Noteholder will, if it wishes counsel on a Company Legal Matter, retain its own independent counsel with respect thereto and, except as otherwise specifically provided by this Agreement, will pay all fees and expenses of such independent counsel.
Appears in 5 contracts
Samples: Senior Secured Demand Note Purchase Agreement (Iron Bridge Mortgage Fund LLC), Senior Secured Demand Note Purchase Agreement (Iron Bridge Mortgage Fund LLC), Senior Secured Promissory Note Purchase Agreement (Iron Bridge Mortgage Fund LLC)
