Entity Representation. If Subscriber is a corporation, partnership, trust or other entity, such entity further represents and warrants that it was not formed for the purpose of investing in the Company.
Entity Representation. If the undersigned Subscriber is a partnership, corporation, trust or other entity, such partnership, corporation, trust or other entity further represents and warrants that it was not formed for the purpose of investing in the Company.
Entity Representation. If Purchaser is a corporation, partnership, trust or other entity, such entity further represents and warrants that it was not formed for the purpose of investing in the Company.
Entity Representation. The Subscriber makes the following additional representations:
(a) The Subscriber was not organized for the specific purpose of acquiring the Units; and
(b) This Agreement has been duly authorized by all necessary actions of the Board of Directors, stockholders, partners, trustees, or other duly authorized acting body or person on the part of the Subscriber, has been duly executed by an authorized officer or representative of the Subscriber, and is a legal, valid, and binding obligation of the Subscriber enforceable in accordance with its terms.
Entity Representation. When we represent an entity, the rules generally vary regarding to whom we owe our duty of loyalty and confidentiality. In the interest of clarity, we are stating our understanding of the relationship.
a. When we represent a corporation, the corporation is our client, and neither the owners nor the directors nor the officers are entitled to the duty of confidentiality. Only the corporation has that right. Any information that we discover must be disclosed to whomever we believe is appropriate in the best interest of the corporation.
b. Similarly, when we represent a limited liability company or a general or limited partnership, the entity and not the manager or general partner, as the case may be is the client.
c. When we represent a fiduciary (e.g., the guardian or custodian for a Protected Person, the trustee of a trust, or the personal representative of a probate estate), unless there is a specific written agreement to the contrary, it is to be presumed that we are representing the fiduciary as fiduciary, and the terms of § 10 apply. If there is a clearly written agreement that we are to represent the fiduciary, individually, against claims of the estate or of the beneficiaries, then we owe no more duty to the estate or to its beneficiaries than we would owe to a stranger.
Entity Representation. The undersigned, if other than an individual, makes the following additional representations:
4.1 The undersigned was not organized for the specific purpose of acquiring the Shares; and
4.2 This Agreement has been duly authorized by all necessary action on the part of the undersigned, has been duly executed by an authorized officer or representative of the undersigned, and is a legal, valid and binding obligation of the undersigned enforceable in accordance with its terms.
Entity Representation. The Subscriber makes the following additional representations: ---------------------
(a) The Subscriber was not organized for the specific purpose of acquiring the Securities; and
(b) This Agreement has been duly authorized by all necessary actions of the Board of Directors, shareholders, partners, trustees, or other duly authorized acting body or person on the part of the Subscriber, has been duly executed by an authorized officer or representative of the Subscriber, and is a legal, valid, and binding obligation of the Subscriber enforceable in accordance with its terms. Dated: July 1, 1999. /s/ Jonathan Glasser ----------------------------- Signature Jonathan Glasser, Member Manager -------------------------------- Name Typed or Printed, Title JMG Capital Partners, L.P. -------------------------------- Entity Name 1999 Avenue of the Stars, Xxxxx 0000 -------------------------------- Address Los Angeles, California 90067 -------------------------------- City, State and Zip Code (310) 201-2619 -------------------------------- (Area Code) Telephone Number
Entity Representation. The Subscriber represents and warrants that: (a) it was not formed for the purpose of investing in the Company; and (b) it is authorized and otherwise duly qualified to purchase and hold the Shares.
Entity Representation. If either party to this agreement is a corporation, partnership, association or other entity, the person signing on behalf of that party warrants that he or she is duly authorized to enter into this agreement on behalf of the party. This agreement shall not be binding until signed by or on behalf of both parties.
Entity Representation. If such Stockholder is an entity, it was either (A) not organized for the specific purpose of holding Company Securities within the meaning of Rule 501 of Regulation D, or (B) each equity owner of such entity shall confirm, as to such person, the accuracy of the representations set forth in this Article IV.
