Common use of Note Holder Clause in Contracts

Note Holder. Note Holder has read the Documents, understands the tax aspects and risks associated with the purchase of the Notes, and agrees that the Note Holder shall be solely and entirely responsible for any and all tax payments, tax obligations, fees, and assessments, along with all reporting of Note Holder’s tax consequences, as a result of the purchase of, and any income from, the Notes. The Fund shall have no obligation, responsibility or liability to the Note Holder in connection with the payment or remittance of any taxes or tax filings required to be made by the Note Holder.

Appears in 5 contracts

Samples: Note Holder Subscription Agreement (DLP Positive Note Fund LLC), Note Holder Subscription Agreement (DLP Positive Note Fund LLC), Note Holder Subscription Agreement (DLP Positive Note Fund LLC)

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Note Holder. Note Holder has read the Documents, understands the tax aspects and risks associated with the purchase of the Notes, and agrees that the Note Holder shall be solely and entirely responsible for any and all tax payments, tax obligations, fees, and assessments, assessments along with all reporting of Note Holder’s 's tax consequences, as a result of the purchase of, and any income from, the Notes. The Fund shall have no obligation, responsibility responsibility, or liability to the Note Holder in connection with the payment or remittance of any taxes or tax filings required to be made by the Note Holder.

Appears in 1 contract

Samples: Subscription Agreement (DLP Positive Fixed Returns Fund LLC)

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