Common use of Investment Intent; Investment Experience; Restricted Securities Clause in Contracts

Investment Intent; Investment Experience; Restricted Securities. In acquiring the Membership Interest, Enterprise is not offering or selling, and shall not offer or sell the Membership Interest, for DEFS in connection with any distribution of any of such Membership Interest, and Enterprise does not have a participation and shall not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Enterprise acknowledges that it can bear the economic risk of its investment in the Membership Interest and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Membership Interest. Enterprise is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Enterprise understands that the Membership Interest shall not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Membership Interest shall be characterized as “restricted securities” under federal securities laws and that under such laws and applicable regulations the Membership Interest cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. In acquiring the Membership InterestMember Interests, Enterprise Buyer is not offering or selling, and shall not offer or sell the Membership InterestMember Interests, for DEFS in connection with any distribution of any of such Membership InterestMember Interests, and Enterprise does not have a Buyer has no participation and shall not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities lawsLaws. Enterprise Buyer acknowledges that it can bear the economic risk of its investment in the Membership Interest Member Interests, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Membership InterestMember Interests. Enterprise Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Enterprise Buyer understands that the Membership Interest shall Member Interests will not have been registered pursuant to the Securities Act or any applicable state securities lawsLaws, that the Membership Interest Member Interests shall be characterized as “restricted securities” under federal securities laws Laws and that under such laws Laws and applicable regulations the Membership Interest Member Interests cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. In acquiring the Membership InterestNBLM Interests, Enterprise Buyer is not offering or selling, and shall not offer or sell the Membership InterestNBLM Interests, for DEFS in connection with any distribution of any of such Membership InterestNBLM Interests, and Enterprise does not have a Buyer has no participation and shall not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities lawsLaws. Enterprise Buyer acknowledges that it can bear the economic risk of its investment in the Membership Interest NBLM Interests, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Membership InterestNBLM Interests. Enterprise Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Enterprise Buyer understands that the Membership Interest shall NBLM Interests will not have been registered pursuant to the Securities Act or any applicable state securities lawsLaws, that the Membership Interest shall NBLM Interests may be characterized as “restricted securities” under federal securities laws Laws and that under such laws Laws and applicable regulations the Membership Interest canNBLM Interests may not be permitted to be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. (i) In acquiring the Membership Interest, Enterprise EPE is not offering or selling, and shall not offer or sell the Membership Interest, for DEFS EPE in connection with any distribution of any of such Membership Interest, and Enterprise EPE does not have a participation and shall not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Enterprise EPE acknowledges that it can bear the economic risk of its investment in the Membership Interest and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Membership Interest. Enterprise EPE is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Enterprise EPE understands that the Membership Interest shall not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Membership Interest shall be characterized as “restricted securities” under federal securities laws and that under such laws and applicable regulations the Membership Interest cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.