Common use of Role of the Agent Clause in Contracts

Role of the Agent. The Subscriber acknowledges that the Agent has been appointed by the Partnership to act as the agent of the Partnership to market the Units on a private placement basis and, in connection therewith, the General Partner (on behalf of the Partnership) and the Agent have entered into an agreement (the "Agency Agreement") pursuant to which the Agent, in connection with the issue and sale of the Units, will receive compensation from the Partnership. The Subscriber hereby irrevocably authorizes the Agent to:

Role of the Agent. The Subscriber acknowledges that the Agent has been appointed by the Partnership Trust to act as the agent of the Partnership Trust to market the Trust Units on a commercially reasonable private placement basis and, in connection therewith, the General Partner (on behalf of the Partnership) Trust and the Agent have entered into or will prior to the Closing Time enter into an agreement (the "Agency Agreement") pursuant to which the Agent, in connection with the issue and sale of the Trust Units, will receive compensation from the PartnershipTrust. The Subscriber hereby irrevocably authorizes the Agent to: