Preexisting Relationship or Experience. (i) He, she, or it has a preexisting personal or business relationship with the Partnership or one or more of its officers, General Partner or control persons or (ii) by reason of his or her business or financial experience, or by reason of the business or financial experience of his or her financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Partnership or any affiliate or selling agent of the Partnership, he, she, or it is capable of evaluating the risks and merits of an investment in the Percentage Interest and of protecting his or her own interests in connection with this investment.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.)
Preexisting Relationship or Experience. (i) He, she, He or it she has a preexisting personal or business relationship with the Partnership Company or the Manager or one (1) or more of its the Company’s officers, General Partner or control persons or (ii) by reason of his or her business or financial experience, or by reason of the business or financial experience of his or her financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Partnership Company or any affiliate or selling agent of the PartnershipCompany, he, she, he or it she is capable of evaluating the risks and merits of an investment in the Percentage Interest Membership Interests and of protecting his or her own interests in connection with this investment.
Appears in 3 contracts
Samples: Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC)
Preexisting Relationship or Experience. (i) He, /she, or /it has a -------------------------------------- preexisting personal or business relationship with the Partnership Company or one or more of its officers, General Partner officers or control persons or (ii) by reason of his or her his/her/its business or financial experience, or by reason of the business or financial experience of his or her his/her/its financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Partnership Company or any affiliate or selling agent of the PartnershipCompany, he, /she, or /it is capable of evaluating the risks and merits of an investment in the Percentage Membership Interest and of protecting his or her his/her/its own interests in connection with this investment.
Appears in 2 contracts
Samples: Operating Agreement (Franchise Mortgage Acceptance Co), Operating Agreement (Auto Marketing Network Inc)
