Representations of Broker. The Broker represents that it has personnel fully qualified, without the benefit of any further training or experience and has obtained all necessary permits and licenses, to perform the Brokerage Services. The duties of the Broker shall be offered on a worldwide basis. Broker's duties and responsibilities hereunder shall always be subject to the policies and directives of the board of directors of the Company as communicated from time to time to the Broker. Subject to the above, the precise duties, responsibilities and authority of the Broker may be expanded, limited or modified, from time to time, at the discretion of the board of directors of the Company.
Representations of Broker. Broker represents and warrants to CARExpress the following:
Representations of Broker. Broker and any Agency that is a party to this Agreement represent, warrant and covenant that:
Representations of Broker. Broker understands and agrees that the Warrants and the shares of Common Stock issuable upon exercise of such Warrants (the “Warrant Shares”) shall bear a restrictive legend and be subject to such restrictions on their transfer as are set forth in Rule 144 of the Securities Act of 1933, as amended. Broker represents and warrants to the Company that (i) it is acquiring the Warrants for its own account for investment purposes only and not with a view to or for distributing or reselling such Warrants or the Warrant Shares or any part thereof; (ii) it is an “accredited investor” as defined in Rule 501(a) under the Securities Act; (iii) it has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of acquiring the Warrants, has so evaluated the merits and risks of such investment and is able to bear the economic risk of holding the Warrants and Warrant Shares; and (iv) is not acquiring the Warrants as a result of any advertisement, article, notice or other communication published in any media channel or by general solicitation by a person not previously known to Broker.
Representations of Broker. Seller and Purchaser acknowledge that they have not relied upon the advice or representations, if any, of Broker, or of any associate broker, or salespersons, concerning: (1) the legal and tax consequences of the sale of Property; (2) purchase and ownership of Property; (3) the structural condition of Property; (4) the operating condition of any business; (5) the operating condition of the electrical, heating, air conditioning, plumbing, water heating systems and appliances on Property; (6) the availability of utilities to Property; (7) the investment potential or resale value of Property; or (8) the financial ability of Purchaser. Seller and Purchaser both acknowledge that if such matters have been a concern to them, they have sought and obtained Independent advice relative thereto.
Representations of Broker. Neither applicant nor any of its owners or corporate officers (i) currently are subject to any supervisory and/or enforcement action by any state or federal regulator; (ii) along with any loan originator or processor has ever been denied, suspended or disqualified from brokering mortgages, been included on an exclusionary list by any lender, investor, agency, or private mortgage insurer, or ever had a lending, real estate or other professional license suspended or revoked, (iii) appear as an individual or entity on the Xxxxxxx Mac Exclusionary List or the Department of Housing and Urban Development’s Limited Denial of Participation List (LPD List, (iv) been contacted, either verbally or in writing, by Mortgage Asset Research Institute (MARI) regarding a complaint against your company, (v) been named as a defendant in a criminal proceeding/complaint/conviction for alleged fraud or misrepresentation in connection with any real estate activity, or ever been convicted of a felony or crime (excluding traffic violations) or (vi) had any formal complaints, lawsuits or judgments been filed against you or your company by any state regulatory agency within the past three years.
