Due Diligence by Holders Sample Clauses

Due Diligence by Holders. Each Holder by its acceptance of Preferred Securities, acknowledges that it has, independently and without reliance upon the Placement Agent, or any other Holder, and based on such documents and information as it has deemed appropriate, made its own investment analysis and decision to purchase the Preferred Securities. Each Holder by its acceptance of Preferred Securities, also acknowledges that it (i) will, independently and without reliance upon the Placement Agent or any other Holder, and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, the Transaction Documents or any related agreement or any document furnished hereunder or thereunder and (ii) has reviewed publicly available information filed with the SEC.