Common use of Receipt of Information; Authorization Clause in Contracts

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, regarding such matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreement.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had has access to the Private Placement Memorandum SEC Documents with the Commission and (b) has been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Partnership regarding such matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementmatters.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Company SEC Documents and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such the matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementdescribed therein.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Disclosure Document and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, regarding such matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreement.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Company SEC Documents and Canadian Disclosure Documents and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such the matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementdescribed therein.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Company SEC Documents, and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such the matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementdescribed therein.

Receipt of Information; Authorization. Such The Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Company SEC Documents and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such the matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementdescribed therein.

Receipt of Information; Authorization. Such The Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Company Filed Documents and (b) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such the matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementdescribed therein.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Partnership SEC Documents, (b) had access to information publicly disclosed regarding the Acquisition and its potential effect on the Partnership’s operations and financial results and (bc) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Partnership regarding such matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementmatters.

Receipt of Information; Authorization. Such The Purchaser acknowledges that it has (a) had has access to the Private Placement Memorandum Company SEC Documents and (b) has been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such matters sufficient to enable such Purchaser to evaluate the risks matters. Note and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Warrant Purchase Agreement.

Receipt of Information; Authorization. Such The Purchaser acknowledges that it has (a) had access to the Private Placement Memorandum Company SEC Documents, (b) received confidential, non-public information related to the Company’s restatement of its financial statements and (bc) been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such the matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementdescribed therein.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had has access to the Private Placement Memorandum U.S. Shipping’s SEC Documents and (b) has been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, U.S. Shipping regarding such matters sufficient matters, including with respect to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this AgreementJoint Venture Transaction.

Receipt of Information; Authorization. Such The Purchaser ---------------------------------------- acknowledges that it has (a) had has access to the Private Placement Memorandum Company SEC Documents and (b) has been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Company regarding such matters sufficient to enable such Purchaser to evaluate the risks and merits of purchasing the Purchased Securities and consummating the transactions contemplated by this Agreementmatters.

Receipt of Information; Authorization. Such Purchaser acknowledges that it has (a) had has access to the Private Placement Memorandum Partnership SEC Documents as well as filings of reports by the Partnership and its Affiliates with the Commission and (b) has been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company, and to be furnished requested information, Partnership regarding such matters sufficient to enable and all other matters regarding the Partnerships and such Purchaser to evaluate the risks and merits Purchaser’s acquisition of purchasing the its Purchased Securities and consummating the transactions contemplated by this AgreementUnits.