Common use of Preexisting Relationship or Experience Clause in Contracts

Preexisting Relationship or Experience. He, she or it has a preexisting personal or business relationship with the Company or the Manager, or by reason of his, her or its business or financial experience, or the business or financial experience of the financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate or selling agent of the Company, he, she, or it is capable of evaluating the risks and merits of an investment in the Company and of protecting his, her or its own interests in connection with this investment.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Nutracea), Limited Liability Company Agreement (Nutracea), Limited Liability Company Agreement (RiceBran Technologies)

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Preexisting Relationship or Experience. He, (i) He or she or it has a preexisting personal or business relationship with the Company or the ManagerManager or one (1) or more of the Company’s officers, or control persons or (ii) by reason of his, his or her or its business or financial experience, or by reason of the business or financial experience of the his or her financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate affiliate or selling agent of the Company, he, she, he or it she is capable of evaluating the risks and merits of an investment in the Company Membership Interests and of protecting his, his or her or its own interests in connection with this investment.

Appears in 3 contracts

Samples: Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC)

Preexisting Relationship or Experience. He, (i) He or she or it has a preexisting personal or business relationship with the Company or the Managerone or more of its officers, other Members or control persons or (ii) by reason of his, his or her or its business or financial experience, or by reason of the business or financial experience of the his or her financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate affiliate or selling agent of the Company, he, she, he or it she is capable of evaluating the risks and merits of an investment in the Company Membership Interest and of protecting his, his or her or its own interests in connection with this investment.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Aptitude Solutions, Inc.)

Preexisting Relationship or Experience. He, she or it has a preexisting personal or business relationship with the Company or the ManagerMembers, or by reason of his, her or its business or financial experience, or the business or financial experience of the financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate or selling agent of the Company, he, she, or it is capable of evaluating the risks and merits of an investment in the Company and of protecting his, her or its own interests in connection with this investment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nutracea)

Preexisting Relationship or Experience. He, she or it has a preexisting personal or business relationship with the Company or the Manager, or by By reason of his, her or its business or financial experience, or by reason of the business or financial experience of the his, her or its financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate or selling agent of the Company, he, she, she or it is capable of evaluating the risks and merits of an investment in the Company Interest and of protecting his, her or its own interests in connection with this investment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TNP Strategic Retail Trust, Inc.)

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Preexisting Relationship or Experience. (i) He, she or it has a preexisting personal or business relationship with the Company or the Manager, Board Members or (ii) by reason of his, her or its business or financial experience, or by reason of the business or financial experience of the his, her or its financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate affiliate or selling agent of the Company, he, she, she or it is capable of evaluating the risks and merits of an investment in the Company Membership Interests and of protecting his, her or its own interests in connection with this investment.

Appears in 1 contract

Samples: Operating Agreement

Preexisting Relationship or Experience. He, (i) He or she or it has a preexisting personal or business relationship with the Company or the Managerone or more of its officers, Managers or control persons or (ii) by reason of his, his or her or its business or financial experience, or by reason of the business or financial experience of the his or her financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or any Affiliate affiliate or selling agent of the Company, he, she, he or it she is capable of evaluating the risks and merits of an investment in the Company Membership Interest and of protecting his, his or her or its own interests in connection with this investment.

Appears in 1 contract

Samples: Operating Agreement

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