Common use of Acknowledgments of the Subscriber Clause in Contracts

Acknowledgments of the Subscriber. The Subscriber acknowledges that: (a) The Subscriber has received the Offering Memorandum and Declaration of Trust in connection with the Subscriber’s purchase of the Units; (b) The Issuer will complete additional financings in the future in order to further its objectives and such future financings may have a dilutive effect on current Unitholders, including the Subscriber; (c) No prospectus has been filed by the Issuer with a Regulator (as defined below) in connection with the issuance of the Units, the issuance of the Units is exempted from the prospectus requirements under Applicable Securities Law (as defined below), and as a result: (i) The Subscriber is restricted from using most of the civil remedies available under Applicable Securities Law; and (ii) The Subscriber may not receive information that would otherwise be required to be provided to the Subscriber under Applicable Securities Law.

Acknowledgments of the Subscriber. The Subscriber acknowledges that: (a) The Subscriber has received the Offering Ottering Memorandum and Declaration of Trust in connection with the Subscriber’s purchase of the Units; (b) The Issuer will complete additional financings in the future in order to further its objectives and such future financings may have a dilutive effect ettect on current Unitholders, including the Subscriber; (c) No prospectus has been filed by the Issuer with a Regulator (as defined below) in connection with the issuance of the Units, the issuance of the Units is exempted from the prospectus requirements under Applicable Securities Law (as defined below), and as a result: (i) The Subscriber is restricted from using most of the civil remedies available under Applicable Securities Law; and (ii) The Subscriber may not receive information that would otherwise be required to be provided to the Subscriber under Applicable Securities Law.