REPRESENTATIONS BY THE MEMBERS Sample Clauses

REPRESENTATIONS BY THE MEMBERS. Each Member hereby represents and warrants to, and agrees with, the other Member or Members and the Company as set forth below.
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REPRESENTATIONS BY THE MEMBERS. Each Member represents, warrants, agrees and acknowledges that:
REPRESENTATIONS BY THE MEMBERS. To induce the other Member to enter into this Agreement, each Member represents and warrants to the other Member that, as of the date of this Agreement:
REPRESENTATIONS BY THE MEMBERS. Each Member represents, warrants and agrees to and for the benefit of each other Member that, as of the Effective Date:
REPRESENTATIONS BY THE MEMBERS. Each Member represents and warrants ------------------------------ that (a) the Member's interest in the Company is intended to be and is being acquired solely for the Member's own account for the purpose of investment and not with a view to any sale or other disposition of all or any part thereof, (b) the Member is aware that interests in the Company have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), that such interests cannot be sold -------------- or otherwise disposed of unless they are registered thereunder or unless an exemption from such registration is available, that the Company has no present intention of so registering such interests under the Securities Act, and that accordingly such Member is able and is prepared to bear the economic risk of making a Capital Contribution and to suffer a complete loss of investment, (c) the Member's knowledge and experience in financial and business matters are such that the Member is capable of evaluating the risks of making a Capital Contribution, (d) the Member's determination to purchase the Member's interest in the Company, and make each Capital Contribution, has been, and in each case will be, made by such Member independent of and without reliance upon any other Member or Person other than such Member's investment advisor, if any, and independent of any statements or opinions as to the advisability of such purchase or Capital Contribution or as to the properties, business, prospects or condition (financial or otherwise) of any Person in which the Company may invest, or any other aspect of a Specified Investment, which may have been made or given by any such other Person, and (e) no Person other than such Member's investment advisor, if any, has acted or will act as an investment adviser with respect to such Member's investment in the Company or any Specified Investment or has provided or will provide any advice or information with respect to the value of an investment in the Company or any Specified Investment or the advisability of investing in, purchasing or selling an interest therein. The foregoing representations and warranties may be relied upon by the Company, and by the other Members, in connection with each Member's investment in the Company.

Related to REPRESENTATIONS BY THE MEMBERS

  • Representation by the Holder The Holder, by the acceptance hereof, represents and warrants that it is acquiring this Warrant and, upon any exercise hereof, will acquire the Warrant Shares issuable upon such exercise, for its own account and not with a view to or for distributing or reselling such Warrant Shares or any part thereof in violation of the Securities Act or any applicable state securities law, except pursuant to sales registered or exempted under the Securities Act.

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