Sufficient Knowledge. The Member acknowledges that he or she has (a) been provided access to or been furnished with sufficient facts and information to evaluate and make an informed decision with respect to the redemption of the redeemed Profits Interests pursuant to the terms of this Agreement, (b) read and understands all of such information, (c) been provided sufficient opportunity to ask questions and all of such questions have been answered to his or her full satisfaction, (d) not relied on any oral or written representations made by or on behalf of Group Holdings or any of its affiliates (other than as set forth in this Agreement) and shall not construe or rely on any communication or documentation from or on behalf of Group Holdings or any of its affiliates as investment, legal or tax advice and (e) obtained such advice (including without limitation the advice of counsel of the Member’s choosing) as he or she deemed appropriate in order to make an informed decision with respect to the redemption of the redeemed Profits Interests pursuant to the terms of this Agreement. The Member acknowledges and agrees that the Redemption Price represents the fair market value of the redeemed Profits Interests.
Appears in 1 contract
Sufficient Knowledge. The Member Shareholder acknowledges that he or she has (a) been provided access to or been furnished with sufficient facts and information to evaluate and make an informed decision with respect to the redemption of the redeemed Profits Interests Common Stock pursuant to the terms of this Agreement, (b) read and understands all of such information, (c) been provided sufficient opportunity to ask questions and all of such questions have been answered to his or her full satisfaction, (d) not relied on any oral or written representations made by or on behalf of Group Holdings the Company or any of its affiliates (other than as set forth in this Agreement) and shall not construe or rely on any communication or documentation from or on behalf of Group Holdings the Company or any of its affiliates as investment, legal or tax advice and (e) obtained such advice (including without limitation the advice of counsel of the MemberShareholder’s choosing) as he or she deemed appropriate in order to make an informed decision with respect to the redemption of the redeemed Profits Interests Common Stock pursuant to the terms of this Agreement. The Member Shareholder acknowledges and agrees that the Redemption Price represents the fair market value of the redeemed Profits InterestsCommon Stock.
Appears in 1 contract