Knowledge and Experience. Such Member, either by itself or through its advisers and principals, has such knowledge and experience in the origination, servicing, sale and/or purchase of performing and non-performing or distressed loans, including construction loans and loans secured by residential and commercial properties, as well as financial and business matters, as to enable such Member to utilize the information made available to it with respect to the LLC Interest acquired by it and the Loans to evaluate the merits and risks of a purchase of the LLC Interest acquired by it and, indirectly, the Loans, and to make an informed decision with respect thereto.
Appears in 10 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Knowledge and Experience. Such Member, either by itself or through its advisers advisors and principals, has such knowledge and experience in the origination, servicing, sale and/or purchase of performing and non-performing or distressed loans, including construction loans and loans secured by residential and commercial properties, as well as financial and business matters, as to enable such Member to utilize the information made available to it with respect to the LLC Interest acquired by it and the Loans Assets to evaluate the merits and risks of a purchase of the LLC Private Owner Interest acquired by it and, indirectly, the LoansAssets, and to make an informed decision with respect thereto.
Appears in 10 contracts
Samples: Private Owner Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Knowledge and Experience. Such Member, either by itself or through its advisers and principals, has such knowledge and experience in the origination, servicing, sale and/or purchase of performing and non-performing or distressed loans, including construction loans and loans secured by residential and commercial properties, as well as financial and business matters, as to enable such Member to utilize the information made available to it with respect to the LLC Interest acquired by it and the Loans Assets to evaluate the merits and risks of a purchase of the Private Owner LLC Interest acquired by it and, indirectly, the LoansAssets, and to make an informed decision with respect thereto.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Knowledge and Experience. Such Member, either by itself or through its advisers and principals, has such knowledge and experience in the origination, servicing, sale and/or purchase of performing and non-performing or distressed loans, including construction loans and loans secured by residential and commercial properties, as well as financial and business matters, as to enable such Member to utilize the information made available to it with respect to the LLC Interest acquired by it and the Mortgage Loans to evaluate the merits and risks of a purchase of the LLC Interest acquired by it and, indirectly, the Mortgage Loans, and to make an informed decision with respect thereto.
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