REPRESENTATIONS AND WARRANTIES OF THE COMPANIES. Each Company, for itself, represents and warrants to the Placement Agent that: (a) Each Company has been duly formed and is validly existing and in good standing under the laws of the jurisdiction in which it was formed, with power and authority to own its properties and conduct its business as described in the Memorandum. (b) Each Company shall be solely responsible for the contents of any disclosure documents used in the offering of the Units, and each Company represents, warrants and agrees that such document will not, as of the date of any offer or sale of the Units, contain any untrue statement of a material fact or omit any material fact necessary to assure that the statements made therein are not misleading, in the light of the circumstances under which they are made. Each Company will provide the Placement Agent with any amendment or supplement to the Memorandum and will, at such time, provide a similar warranty as to the truth and completeness of such amendment or supplement.
Appears in 6 contracts
Samples: Placement Agent Agreement (Wells Fargo Multi-Strategy 100 Fund A, LLC), Placement Agent Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC), Placement Agent Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC)
