Common use of Preexisting Relationship or Experience Clause in Contracts

Preexisting Relationship or Experience. (a) The Member has a preexisting personal or business relationship with the Company or one or more of its Managers, officers or control persons or (b) by reason of the Member's business or financial experience, or by reason of the business or financial experience of the Member's 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, the Member is capable of evaluating the risks and merits of an investment in its Membership Interest and of protecting the Member's own interests in connection with the investment.

Preexisting Relationship or Experience. (ai) The Such Member has a preexisting personal or business relationship with the Company or one or more of its Managersofficers, officers Members or control persons or (bii) by reason of the Member's its business or financial experience, or by reason of the business or financial experience of the Member's 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, the such Member is capable of evaluating the risks and merits of an investment in its the Membership Interest and of protecting the Member's its own interests in connection with the this investment.

Preexisting Relationship or Experience. (ai) The Member has a preexisting personal or business relationship with the Company or one or more of its Managers, officers or control persons persons, or (bii) by reason of the Member's ’s business or financial experience, or by reason of the business or financial experience of the Member's ’s 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, the Member is capable of evaluating the risks and merits of an investment in its a Membership Interest and of protecting the Member's ’s own interests in connection with the this investment.

Preexisting Relationship or Experience. (ai) The Member has a preexisting personal or business relationship with the Company or one or more of its Managers, officers or control persons or the Managers or (bii) by reason of the Member's business or financial experience, or by reason of the business or financial experience of the Member's 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, the Member is capable of evaluating the risks and merits of an investment in its the Membership Interest and of protecting the Member's own interests in connection with the this investment.

Preexisting Relationship or Experience. Either (ai) The such Member has a preexisting personal or business relationship with the Company or one or more of its Managersthe Manager, officers officers, or control persons persons, or (bii) by reason of the such Member's ’s business or financial experience, or by reason of the business or financial experience of the such Member's ’s 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, the such Member is capable of evaluating the risks and merits of an investment in its Membership Interest the Interests and of protecting the such Member's ’s own interests in connection with the this investment.

Preexisting Relationship or Experience. (ai) The If Such Member has a preexisting personal or business relationship with the Company or one or more of its Managersofficers, officers Managers or control persons or (bii) by reason of the such Member's ’s business or financial experience, or by reason of the business or financial experience of the such Member's ’s 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, the such Member is capable of evaluating the risks and merits of an investment in its the Membership Interest and of protecting the such Member's ’s own interests in connection with the this investment.