Common use of Representations by Undersigned Clause in Contracts

Representations by Undersigned. The undersigned represents and warrants to the Company that (i) the information contained herein is complete and accurate and may be relied upon by the Company, and (ii) the undersigned will notify the Company of any material change in any of the information occurring before the closing of the purchase of the Units by the undersigned. (a) I understand that the following information regarding my qualification as a purchaser of the Units will be treated confidentially. However, I agree that the Company may present such information to such parties as management deems appropriate if called upon to establish that the proposed offer and sale of the Units is exempt from registration under the Securities Act. (b) I understand that such representations are made for the purpose of qualifying me as an “accredited investor” as that term is defined in Regulation D as promulgated by the Securities and Exchange Commission. I hereby represent that the statement or statements marked below are true and correct in all respects. I understand that a false representation may constitute a violation of law and that any person who suffers damage as a result of a false representation may have a claim against me for damages.

Representations by Undersigned. The undersigned represents and warrants to the Company that (i) the information contained herein is complete and accurate and may be relied upon by the Company, and (ii) the undersigned will notify the Company of any material change in any of the information occurring before the closing of the purchase of the Units Interests by the undersigned. (a) I understand that the following information regarding my qualification as a purchaser of the Units Interests will be treated confidentially. However, I agree that the Company may present such information to such parties as management deems appropriate if called upon to establish that the proposed offer and sale of the Units Interests is exempt from registration under the Securities ActAct or meets the requirements of applicable state securities laws, or as otherwise required by law. (b) I understand that such representations are made for the purpose of qualifying me as an “accredited investor” as that term is defined in Regulation D as promulgated by the Securities and Exchange Commission. I hereby represent that the statement or statements marked below are true and correct in all respects. I understand that a false representation may constitute a violation of law law, and that any person who suffers damage as a result of a false representation may have a claim against me for damages.