Common use of Economic Risks Clause in Contracts

Economic Risks. Such Member acknowledges, understands and represents that it is able to bear the economic risks associated with the acquisition and ownership of the LLC Interest acquired by it and, indirectly, the Loans, including the risk of a total loss of its investment in the Company and, indirectly, the Loans and/or the risk that it may be required to hold the LLC Interest and, indirectly, the Loans for an indefinite period of time.

Appears in 8 contracts

Sources: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Economic Risks. Such Member acknowledges, understands and represents that it is able to bear the economic risks associated with the acquisition and ownership of the LLC Interest acquired by it and, indirectly, the Mortgage Loans, including the risk of a total loss of its investment in the Company and, indirectly, the Mortgage Loans and/or the risk that it may be required to hold the LLC Interest and, indirectly, the Mortgage Loans for an indefinite period of time.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement