Common use of Electronic Distribution Clause in Contracts

Electronic Distribution. You agree that you shall not (i) make available on your website or distribute, through the internet or otherwise by electronic means, the Prospectus or Offering Circular, (ii) accept any indication of interest or confirm or settle any sale of Securities in any Offering to or through online brokerage accounts or otherwise through your website or the internet or (iii) otherwise engage in any distribution of Securities in any Offering through the internet or by electronic means, except in each case with the consent of the Manager. You represent and warrant and agree that any activity of the kind described in (i), (ii) and (iii) above that you undertake in connection with any Offering shall be in accordance with the procedures that the Commission has confirmed in writing that it has no objection, and shall in any event be your own responsibility and at your own expense and risk. You shall upon request deliver to the Manager a copy of any such approval or confirmation from the Commission.