Common use of No Recommendation Clause in Contracts

No Recommendation. Lender understands that no United States federal or state agency or any other government or governmental agency has passed on or made any recommendation or endorsement of the Warrants and shares of Common Stock or the fairness or suitability of an investment in the Warrants and shares of Common Stock nor have such authorities passed upon or endorsed the merits thereof.

Appears in 2 contracts

Sources: Loan Agreement (Rock Creek Pharmaceuticals, Inc.), Loan Agreement (Star Scientific Inc)