Each Purchaser, upon execution and delivery hereof or upon executing and delivering an Assignment Agreement, as the case may be, represents and warrants as of the Closing Date or as of the applicable Effective Date (as defined in the applicable Assignment Agreement) that (i) it is an Eligible Assignee; (ii) it has experience and expertise in the making of or investing in commitments or notes such as the applicable Commitment Limits or Notes, as the case may be; and (iii) it will make or invest in, as the case may be, its Commitment Limits or Notes for its own account in the ordinary course of its business and without a view to distribution of such Commitment Limits or Notes within the meaning of the Securities Act or the Exchange Act or other federal securities laws (it being understood that, subject to the provisions of this Section 9.6 , the disposition of such Commitment Limits or Notes or any interests therein shall at all times remain within its exclusive control).