Due Investigation. Before acquiring any Interest in the Company, each Member has investigated the Company and its business and the Company has made available to each Member all information necessary for the Member to make an informed decision to acquire an Interest in the Company. Each Member considers itself to be a Person possessing experience and sophistication as an investor adequate for the evaluation of the merits and risks of the Member's investment in the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co)
Due Investigation. Before acquiring any Interest in the Company, each Member has investigated the Company and its business and the Company has made available to each Member all information necessary for the Member to make an informed decision to acquire an Interest in the Company. Each Member considers itself to be a Person possessing experience and sophistication as an investor adequate for the evaluation of the merits and risks of the Member's ’s investment in the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Five Point Holdings, LLC)
Due Investigation. Before acquiring any Interest in the Company, each Member has investigated the Company and its business and the Company has previously made available to each Member all information necessary for the Member to make an informed decision to acquire an Interest in the Company. Each Member considers itself to be a Person person or entity possessing experience and sophistication as an investor adequate for the evaluation of the merits and risks of the Member's ’s investment in the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tejon Ranch Co)
