Common use of Representations of Entities Clause in Contracts

Representations of Entities. If Investor is a corporation, partnership, trust or other entity, (i) it is authorized and qualified to purchase and hold the Common Stock, (ii) it has not been formed for the purpose of acquiring the Common Stock, (iii) the person executing this Agreement for and on behalf of such entity has been duly authorized by such entity to do so, (iv) it is willing and able to bear the substantial economic risk of an investment in the Common Stock and has no need for liquidity with respect thereto, and (v) it is able to withstand a complete loss of its investment.

Representations of Entities. If Investor is a corporation, partnership, trust or other entity, (i) it is authorized and qualified to purchase and hold the Common StockSecurities, (ii) it has not been formed for the purpose of acquiring the Common StockSecurities, (iii) the person executing this Agreement for and on behalf of such entity has been duly authorized by such entity to do so, (iv) it is willing and able to bear the substantial economic risk of an investment in the Common Stock Securities and has no need for liquidity with respect thereto, and (v) it is able to withstand a complete loss of its investment.