Representation of Lender. Lender is an accredited investor as defined in Rule 501(a) of Regulation D and has such business and financial experience as necessary to enable it to protect its interests in connection with the transactions contemplated by this Agreement. Lxxxxx has had the opportunity to ask questions and to receive answers and to obtain the information concerning the Company Entities and the transactions contemplated by this Agreement that it has deemed material and necessary to evaluate the merits and risks of the transactions contemplated by this Agreement.
Representation of Lender. (a) Xxxxxx has all requisite power and authority to execute and deliver this Agreement and any other document contemplated by this Agreement to be signed by the Borrower and to perform its obligations hereunder and to consummate the Transaction contemplated herein.
(b) This Agreement involves a high degree of risk and Lender acknowledges that Lender can bear its complete economic risk.
(c) Xxxxxx has the sophistication, knowledge and business acumen necessary to adequately evaluate funding the Principal Amount to the Borrower and understands completely the terms, conditions, and risks associated with same.
Representation of Lender. Lender hereby represents and warrants that it is the sole and lawful owner of the Note, and has not assigned any interest of any kind therein to any party, nor has it assigned any of its rights or interests under the Security Agreement.
Representation of Lender. (a) The Lender represents that it has all requisite power and authority to execute and deliver this Agreement and any other document contemplated by this Agreement to be signed by the Borrower and to perform its obligations hereunder.
(b) This Agreement and the Loan involve a high degree of risk and Lender acknowledges that Lender can bear the complete economic risk, including the total loss of the Loan Amount.
(c) Lender has the sophistication, knowledge and business acumen necessary to adequately evaluate funding the Loan Amount to the Borrower and understands completely the terms, conditions, and risks associated with same.
Representation of Lender. (c) The Lender represents that it has all requisite power and authority to execute and deliver this Agreement and any other document contemplated by this Agreement to be signed by the Borrower and to perform its obligations hereunder.
(d) This Agreement and the Loan involve a high degree of risk and Lender acknowledges that Lender can bear the complete economic risk, including the total loss of the Loan Amount.
(e) Lender is a Non-U.S. Person as defined in Regulation S promulgated under the Securities Act of 1933, as amended.
(f) Lender has the sophistication, knowledge and business acumen necessary to adequately evaluate funding the Loan Amount to the Borrower and understands completely the terms, conditions, and risks associated with same.
Representation of Lender. Lender represents that he is an “Accredited Investor” as defined in Rule 501(a) of Regulation D under the Act based upon the undersigned having a net worth, or joint net worth with spouse, in excess of $1,000,000.
Representation of Lender. The Lender represents and warrants that the purchase of the Bond is for its individual account and for the accounts of the Lender’s corporate affiliates and related banking entities only and not for distribution to other purchasers thereof. The Lender and the Lender’s corporate affiliates and related banking entities are either state or federally chartered banking corporations authorized to do business in the Commonwealth of Virginia. .
Representation of Lender. Acquisition for Investment4.1.
Representation of Lender. 8 4.1.Acquisition for Investment...................................................................................8
