Common use of Representations of the Lender Clause in Contracts

Representations of the Lender. The Lender represents and warrants to the Borrower, and acknowledges that the Borrower is relying upon such representations and warranties in entering into this Agreement, as follows: (a) the Lender is not a “U.S. Person” as defined by Regulation S of the Securities Act and is not intending to convert the Principal Sum into shares for the account or benefit of a U.S. Person.