Preexisting Relationship Clause Samples
The Preexisting Relationship clause defines and acknowledges any prior connections or dealings between the parties before entering into the current agreement. This clause typically outlines the nature of the previous relationship, such as past business transactions, partnerships, or collaborations, and may specify how these prior interactions impact the current contract. By clarifying the existence and scope of any preexisting relationships, the clause helps prevent misunderstandings, manages potential conflicts of interest, and ensures transparency between the parties.
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Preexisting Relationship. Purchaser has a preexisting personal or business relationship with the Company, one or more of its officers, directors, or controlling persons.
Preexisting Relationship. In the event Issuer has prior evidentiary communication with an Introduced Party, the Issuer will notify ▇▇▇▇▇▇ of such a relationship and, upon written request, provide documentation of the Issuer’s prior communication with an Introduced Party. Communication will include phone or e-mail contact or written representations by both Issuer and an Introduced Party of a preexisting relationship. For purposes of this paragraph, email communication is deemed acceptable.
Preexisting Relationship. Holder has a preexisting personal or business relationship with the Company or one or more of its officers, directors, or control persons or by reason of its business and financial experience, Holder is capable of evaluating the risks and merits of an investment in this Warrant and the Shares and of protecting Holder's own interests in connection with an investment in this Warrant and the Shares.
Preexisting Relationship. He or she has a preexisting personal or business relationship with the Company, its Manager or one or more of its control persons.
Preexisting Relationship. The Registered Holder further warrants and represents that the Registered Holder or its advisor has either (i) preexisting personal or business relationships, with the Company or any of its officers, directors or controlling persons, or (ii) the capacity to protect the Registered Holder’s own interests in connection with this Warrant being acquired by it by virtue of the business or financial expertise of the Registered Holder or of professional advisors to the Registered Holder who are unaffiliated with and who are not compensated by the Company or any of its affiliates, directly or indirectly. The Registered Holder or its advisor has been given the opportunity to ask questions, and to receive answers concerning the business, properties, prospects and financial condition of the Company. The Registered Holder or its advisor has had access to such information regarding the business and finances of the Company and such other matters with respect to the Company (i) as a reasonable person would consider in evaluating the transactions contemplated hereby and (ii) to make an informed decision regarding the Warrant Shares. The Registered Holder is a sophisticated person familiar with transactions similar to those contemplated in this Warrant and has such knowledge and experience in financial and business matters that the Registered Holder is capable of evaluating the merits and risk of such transactions. The Registered Holder or its advisor has evaluated the merits and risks of purchasing the Warrant Stock on the terms set forth in this Warrant, and the Registered Holder is willing to bear the risk of future decreases in the value of the Warrant Stock. The Registered Holder acknowledges that the purchase price of the Warrant Stock has been negotiated based on a variety of facts and circumstances, including facts and circumstances that may be unique to the Registered Holder and, accordingly, such purchase price may not accurately reflect the fair market value of the Warrant Stock. The Registered Holder acknowledges that neither the Company nor any of its respective affiliates is acting as a fiduciary or financial or investment adviser to the Registered Holder for purposes of the purchase of the Warrant Stock, and has not given the Registered Holder or its advisor any investment advice, opinion or other information on whether the purchase of the Warrant Stock is prudent. The foregoing, however, does not limit or modify the representations and warranties of the Comp...
Preexisting Relationship. CG has been a member of the Board of Directors of Ground Round since July 1995 and, as a senior executive of an affiliate of Seller, has been one of two executives responsible for monitoring the Ground Round investment. Each of the Buyers (i) has the capacity to protect his own interests in connection with this transaction by reason of his business and financial experience; and (ii) has not been induced to purchase such interest in Ground Round by any representation or warranty other than as expressly set forth in Article II hereof. Each of the Buyers further understands and acknowledges that an investment in Ground Round is one of high risk and is speculative and represents that he can bear the loss of an investment in Ground Round.
Preexisting Relationship. Each Investor either (a) has a preexisting personal or business relationship with the Company or any of its officers, directors or controlling persons or an affiliate of the Company, or with Direct, or (b) by reason of his business or financial experience or the business or financial experience of his professional advisor(s) who is (are) unaffiliated with and who is (are) not compensated, directly or indirectly, by the Company, or any affiliate or selling agent of the Company, or with Direct, the Investor can reasonably by assumed to have the capacity to protect its own interests in connection with this transaction.
Preexisting Relationship. Each Investor has a preexisting personal or business relationship with the Company, one or more of its officers, directors, or controlling persons, or WestPark Capital, Inc. (as defined herein).
Preexisting Relationship. In the event Issuer has prior evidentiary communication with an Introduced party, the Issuer will notify ▇▇▇▇▇▇ of such a relationship and, upon written request, provide documentation of the Issuer’s prior communication with an Introduced Party. Communication will include phone or e-mail contact or written representations by both Issuer and an Introduced Party of a preexisting relationship. For purposes of this paragraph, email communication is deemed acceptable. If the Issuer provides satisfactory evidence that it had a preexisting relationship with any Introduced Party, that party will no longer be considered an Introduced Party and any transaction between that party and the Issuer will not be subject to the Finder’s Fee. Exhibit A identifies parties with whom the parties hereto recognize the Issuer has a preexisting relationship with but will be subject to the Finder’s Fee.
Preexisting Relationship. Each Member acknowledges that by reason of such Member’s business or financial experience or the business or financial experience of such Member’s financial advisors (who are not affiliated with the Company), such Member could be reasonably assumed to have the capacity to protect such Member’s own interest in connection with the purchase of the Interests. Each Member further acknowledges that such Member is familiar with the financial condition and prospects of the Company’s business, and has discussed with the other Member the current activities of the Company. Each Member believes that the Interests are securities of the kind such Member wishes to purchase and hold for investment, and that the nature and amount of the Interests are consistent with such Member’s investment program.