Series 22: Representations, Warranties, And Covenants Letter

Taken from our Series 22 Top-off Online Guide

Representations, Warranties, and Covenants Letter

With the subscription agreement, the investor will also be given a representations, warranties, and covenants letter. This is a legal document that requires investors in a private placement to acknowledge that they have received certain information and that they meet the suitability requirements for the offering. This document protects the issuer of a DPP from investor lawsuits. Typically, the document will require an investor to state that he or she:

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