Common use of No Misrepresentations Clause in Contracts

No Misrepresentations. The Offering Circular, Subscription Documents, and “sales literature,” as defined in subsection (f), do not include any untrue statement of a material fact, or omit to state a material fact necessary to make the statements therein not misleading in light of the circumstances as of the date hereof and will not include or omit any such statement as of the date of any closing with a purchaser of Shares. If at any time during the Offering, any event shall have occurred to the knowledge of the Sponsor as a result of which the Offering Circular as then amended or supplemented, Subscription Documents, or the sales literature, would include any untrue statement of a material fact, or omit to state a material fact necessary to make the statements therein not misleading in light of the circumstances existing at the time it is so required to be delivered to a purchaser, or if the Sponsor amends or supplements the Offering Circular, Subscription Documents, or the sales literature at any time, the Sponsor will promptly notify Soliciting Dealer thereof and the Sponsor will prepare and distribute to Soliciting Dealer and the purchasers of the Shares an amendment or supplement that will correct such statement or omission. Failure to promptly provide such amendment or supplement will be a breach of this Agreement.

No Misrepresentations. The Offering Circular, Subscription Documents, and “sales literature,” as defined in subsection (f), do not include any untrue statement of a material fact, or omit to state a material fact necessary to make the statements therein not misleading in light of the circumstances as of the date hereof and will not include or omit any such statement as of the date of any closing with a purchaser of Shares. If at any time during the Offering, any event shall have occurred to the knowledge of the Sponsor as a result of which the Offering Circular as then amended or supplemented, Subscription Documents, or the sales literature, would include any untrue statement of a material fact, or omit to state a material fact necessary to make the statements therein not misleading in light of the circumstances existing at the time it is so required to be delivered to a purchaser, or if the Sponsor Company amends or supplements the Offering Circular, Subscription Documents, or the sales literature at any time, the Sponsor will promptly notify Soliciting Dealer thereof and the Sponsor will prepare and distribute to Soliciting Dealer and the purchasers of the Shares an amendment or supplement that will correct such statement or omission. Failure to promptly provide such amendment or supplement will be a breach of this Agreement.