Common use of Representations and Acknowledgments Clause in Contracts

Representations and Acknowledgments. (a) Each Member does hereby represent and warrant by the signing of a counterpart of this Agreement that the Interest acquired by him, her or it was acquired for his, her or its own account, for investment only, and not for the benefit of any other Person, and not for resale to any other Person or future distribution, and that he, she or it has relied solely on the advice of his, her or its personal tax, investment or other advisor(s) in making his, her or its investment decision. The Managers have not made and hereby make no warranties or representations other than those set forth in this Agreement.

Representations and Acknowledgments. (a) Each Member does hereby represent and warrant by the signing of a counterpart of this Agreement that the Interest acquired by him, her or it him was acquired for his, /her or its own account, for investment only, and not for the benefit of any other Personperson, and not for resale to any other Person person or future distribution, and that he, /she or it has relied solely on the advice of his, /her or its personal tax, investment or other advisor(s) in making his, /her or its investment decision. The Managers have not made and hereby make no warranties or representations other than those set forth in this Agreement.