Common use of Additional Acknowledgment Clause in Contracts

Additional Acknowledgment. Each Member acknowledges that it has independently evaluated the merits of the transactions contemplated by this Agreement, that it has independently determined to enter into the transactions contemplated hereby, that it is not relying on any advice from or evaluation by any other person. Each Member acknowledges that it has not taken any actions that would deem the Members to be members of a “group” for purposes of Section 13(d) of the Exchange Act.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Agrify Corp), Plan of Merger and Equity Purchase Agreement (Agrify Corp)