Auction Agreement definition
Examples of Auction Agreement in a sentence
As used in this Arbitration Provision, “Claim” shall include any past, present, or future claim, dispute, or controversy involving you (or persons claiming through or connected with you), on the one hand, and the Company and or Series (or persons claiming through or connected with the Company or the Series), on the other hand, relating to or arising out of the Auction Agreement or this Agreement, provided that this provision shall not apply to any Claims arising under Federal securities laws.
Potential Investors who are (i) pre-registered on the Investor Platform, (ii) have been qualified by the Company as Qualified Purchasers and have passed KYC and AML screening requirements, and who have (iii) executed an Auction Agreement in the form prescribed by the Company, may bid as a group to acquire the Series Asset at an auction (the “Auction”) to be conducted by a nationally recognized auction house (the “Auction House”) or by the Managing Member itself, in each case using the Auction Platform.
You also understand that the Shares are being offered and sold pursuant to an exemption from registration contained in the Securities Act based in part upon your representations contained in this Agreement and the Auction Agreement.
You acknowledge that (i) your responses to questions on the Investor Platform, and (ii) your representations and warranties in the Auction Agreement, in each case, are true, complete and accurate in all respects.