Prior to joining White Hat in 2017 Ms. Parekh joined White Hat Capital Partners in 2021 as an Investment Analyst, having previously worked with the Firm as an Investment Analyst Intern. He joined Thomas Weisel Partners just after its founding in 1999 and became a Partner in 2007. The portfolio companies shown represent a substantial portion of White Hats current and past portfolio companies. Prior to joining White Hat in 2017, he was a member of Stifels Global Technology Investment Banking practice where he performed a wide range of financial analyses and advised technology companies on strategic and capital-raising transactions. Ms. Slattery is a senior investment professional with over 20 years of experience investing in public and private technology companies. Its the largest & most comprehensive premium service for cannabis investors since 2013. Mr. Hedley is a respected leader in the field of LGBT equality and awareness. We acquire significant ownership stakes in the open market, through privately negotiated purchases of insider holdings and structured direct investments. While with Avnet, Mr. Vallee earned a number of awards and widespread industry recognition for his vision, leadership and service to the community. Louzan was a managing director there, beginning in 2015, and before that was a managing partner at Belden Hill Capital. Earlier in his career, Mr. Chanley was as investment banking Associate at Montgomery Securities and a Research Associate at Greenwich Associates. For more information visit www.cher-co.com. injury, including those caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft, destruction or unauthorized access to, alteration of or use of any asset, whether for breach of contract, tortious behavior, negligence or under any other cause of action. WHITEHAWK CAPITAL PARTNERS LP ( CRD # 307669/SEC#:801-118293 ) WHITEHAWK CAPITAL PARTNERS LP. The. We offer companies transformational capital and differentiated strategic insights, complemented by our deep network of relationships. You may not assign the Terms and Conditions or delegate any of your obligations. No person shall bring a putative or certified class action to arbitration nor seek to enforce any pre-dispute arbitration agreement against any person who has initiated in court a putative class action or who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until: (A) the class certification is denied; (B) the class is decertified; or (C) the customer is excluded from the class by the court. White Hat Capital Partners Announces Structured Opportunities Fund in Partnership with Magnetar Capital, Comtech Announces $100 Million Strategic Growth Investment, Viasat Announces Definitive Agreement to Acquire RigNet, White Hat Capital Partners Plans to Vote Against the Proposed Sale of MobileIron to Ivanti, MobileIron to Be Acquired by Ivanti to Secure Every Endpoint and Power the Everywhere Enterprise, Cambium Learning Group adds Rosetta Stone to its portfolio of digital-centric learning brands, Spok Appoints Brett Shockley to Board of Directors, E2open and Amber Road Announce Definitive Acquisition Agreement. Private credit investment manager WhiteHawk Capital Partners, LP (WhiteHawk) launched in 2020 with a focus on providing asset-based financing solutions to primarily middle market companies in need of liquidity and growth capital.WhiteHawk is led by Managing Partners John Ahn, Robert Louzan and Harry Chung, formerly of Great American Capital Partners, also known as GACP, a division of B. Riley Financial. At White Hat, Mr. Quinlan has led the Firm's investments in Comtech Telecommunications, MACOM Technology Solutions, MiX Telematics and RigNet (now Viasat). Acreage Holdings Q4 Revenue Sequentially Falls 6% and 1% From a Year Ago, Curaleaf Q4 Revenue Increases 4% Sequentially. WhiteHawk Capital Partners, LP is a private credit investment manager focused on asset-based financing solutions primarily to middle market private and public companies across a variety of industries. We seek to invest $10 200 million in each opportunity. WhiteHawk is led by Managing Partners John Ahn, Robert Louzan and Harry Chung, formerly of Great American Capital Partners, also known as GACP, a division of B . Founded in February 2020, Whitehawk Capital Partners is a California, US-based firm that invests primarily in senior secured loans and second lien secured loans in middle-market public and private businesses across the US. Mr. Hedley is currently the Chief Strategy Officer of Bramshill Investments, LLC. Where weve overlapped, Ive been impressed by White Hats well-researched point of view and their model for constructive engagement. WHITEHAWK CAPITAL PARTNERS, LP 11601 Wilshire Blvd., Suite 1250 Los Angeles, CA 90025 HIGHLY PERSONAL AND CONFIDENTIAL August 16, 2022 Stronghold Digital Mining Holdings, LLC of 2151 Lisbon Road Kennerdell, PA 16374 Attention: Gregory A. Prior to co-founding White Hat Capital Partners LP in 2016, Mr. Chanley was Managing Director and Co-Head of Stifels Global Technology Investment Banking Group where he, along with his partner Mark Quinlan, oversaw coverage of all of the firms technology sub-sectors including Communications, Electronics & Applied Technologies, Internet & Digital Media, Software & SaaS, Tech-Enabled Services and Telecom. 10.1 Third Amendment to Credit Agreement, dated April 24, 2023, between Boxlight Corporation, its subsidiaries, Whitehawk Capital Partners, LP and Whitehawk Finance LLC. In addition, he served as a Member of the Investment Banking Management Committee as well as the Fairness Committee. Mr. Hedley is responsible for leading strategy formulation and management to enhance the growth of Bramshill Investments. You may not modify the site, or any portion thereof, for any reason. Prior to rejoining White Hat, she was an . not be reproduced, distributed, transmitted, cached or otherwise used without written A private credit investment management firm. in Finance and Global Business. White Hats liability with respect to the site is limited to the maximum extent permitted by law. Mr. Alpert is a senior investment professional who leverages nearly 40 years of experience in the private equity industry. Mr. Quinlan currently serves on the Board of Directors and as Chairman of the Compensation Committee of Comtech Telecommunications. Ms. Slattery is Mr. Vallee is a senior technology executive and director with more than 25 years of experience leading the operations of global technology companies Mr. Weisel is considered to be a pioneer and one of the leading financiers in the development of the high tech industry in Silicon Valley Mr. Chanley is a senior investment professional with more than 20 years of experience advising management teams and Boards of technology companies on market positioning, mergers and acquisitions and corporate strategies to create shareholder value. Do not transmit to the site or to any White Hat personnel, any pornographic, obscene, profane, defamatory, libelous, threatening, or unlawful material or any unsolicited commercial communications. During her tenure as Board Chair, and due to the incredible scientific leadership, The LAM Foundation received FDA approval for a safe and effective treatment for the disease, a distinction less than 7% of rare diseases can claim. As Chairman of the Board, Mr. Hedley led all areas of the school community, including over 100 faculty members, 400 students and 10,000 alumni. Mr. Tongs advisory experience includes numerous acquirer-side and seller-side semiconductor M&A transactions including cross-border, hostile and divestiture assignments. His service to GLAAD culminated with a 6-year tenure on the organizations National Board of Directors. While at Morgan Stanley and Alex Brown & Sons, Mr. Marren was a frequent member of the Institutional Investor All-American Research Team, which recognizes the top equity research analysts on Wall Street. All software used on the site is the property of White Hat or its software suppliers and is protected by U.S. and international copyright laws. Company News. LOS ANGELES, December 21, 2021 WhiteHawk Capital Partners, LP (WhiteHawk), a private credit investment manager, announced it has entered into an agreement with Glass House Brands, Inc. (Glass House) (NEO: GLAS.AU) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) to provide a $100 million senior term loan facility. Ms. Parekh joined White Hat Capital Partners in 2021 as an Investment Analyst, having previously worked with the Firm as an Investment Analyst Intern. Please note that although we use reasonable efforts to limit third-party use of information, we are not responsible for such third-party use of information. At White Hat, Mr. Tong has led the Firms investment in Rosetta Stone. Mr. Quinlan is a senior investment professional with more than 20 years of experience in the Technology sector. The team believes it has an extremely robust investment pipeline due to the COVID-19 pandemic, as the dislocations in the market have increased the reluctance of banks to lend to companies in transition. As of December 31, 2020, FPA manages approximately $26 billion across multiple strategies. The Firms Strategic Partner network and concentrated portfolio provide the expertise and bandwidth to identify and engage on value creation opportunities. Over her 18-month internship, Ms. Parekh performed a wide range of financial analyses and supported the White Hat team on many of its investments. He resides in New York City with his wife and two daughters. WHITEHAWK CAPITAL PARTNERS, LP 11601 Wilshire Blvd., Suite 1250 Los Angeles, CA 90025 CONFIDENTIAL April 4, 2022 Amending and restating, but not novating the Fee Letter executed on December 31, 2021 BOXLIGHT CORPORATION 1045 Progress Circle, Lawrenceville, GA 30043 Attention: Michael Pope Amended and Restated Fee letter Ladies and Gentlemen: We believe our repeatable, high conviction underwriting process will allow us to achieve attractive returns regardless of the economic environment or borrowing bases performance. White Hat reserves all other rights. Our Co-Founders have worked together as partners for more than twenty years. At Citi, Ms. Parekh completed the Investment Banking Analyst Training Program and advised on a variety of capital markets and mergers & acquisitions transactions within the Consumer and Retail sector. You should recognize, however, that there is no such thing as perfect security on the Internet, and we cannot guarantee the security of such information. Copyright 2012-2023 He received a B.S. Ms. Yuen attended Borough of Manhattan Community College. Her service to The LAM Foundation included 2 full terms as Board Chair, as well as serving on both the Executive and Development Committees. Our goal is to strengthen the companies in our portfolio by making our resources available to them. From 2004 to 2008, Ms. Slattery was one of four Senior Partners at Ardsley Partners, where she co-managed the technology portion of the approximately $1 billion long/short equity fund, and was a top performing Partner during her time with the firm. White Hat goes deep, and their impressive relationship network in the Tech community enables them to reach a high level of conviction on each of their investments. The facility will support the construction and retrofit program of Glass Houses newly acquired 5.5 million square foot greenhouse facility located in Southern California. CherCo will use the proceeds of the financing for acquisitions of assets and service contracts, and to provide ongoing liquidity to execute on growth plans. Beard, Co-Chairman and Chief Executive Officer Commitment Letter Ladies and Gentlemen: White Hat grants you a limited license to access and make use of this site. Mr. Hedley has also held various leadership positions as an alumni volunteer for the Morristown-Beard School and Colgate University. During his tenure as CEO, Avnet completed more than 50 acquisitions and more than quadrupled sales to over $25 billion while significantly improving return on capital employed and cash flow by establishing and driving value based management principles globally. View latest Form ADV filed Part 2 Brochures. For additional information about WhiteHawk Capital Partners (www.whitehawkcapital.com) please contact info@whitehawkcapital.com or estraw@fpa.com. He and his husband have two young sons and live in Morristown, New Jersey and in Edgartown, Massachusetts. His key areas of responsibility include leading strategic initiatives, developing the corporate vision and managing strategic planning. Prior to co-founding White Hat Capital Partners LP in 2016, Mr. Quinlan was Managing Director and Co-Head of the Global Technology Investment Banking Group at Stifel. Your use of any such materials is prohibited unless specifically permitted by White Hat. in Computer Science and Applied Math from the University of Rochester and an MBA from the Amos Tuck Graduate School of Business at Dartmouth. WhiteHawk proposed the most appropriate financing structure to achieve our growth plan, and we appreciated their creativity and ability to move quickly throughout this process. Please read them carefully. All information contained herein is for informational purposes and should not be construed as investment advice. Mr. Chanley is a senior investment professional with more than 20 years of experience advising management teams and Boards of technology Mr. Quinlan is a senior investment professional with more than 20 years of experience in the Technology sector. Auvergne-Rhne-Alpes, rgion of east-central France created in 2016 by the union of the former rgions of Auvergne and Rhne-Alpes. Ms. Slattery is currently a Partner and Director of Research at Symmetry Peak Management, an investment firm focused on technology and emerging growth companies. The information provided on this page, including any information regarding White Hats current and historical portfolio investments, is not intended to recommend any investment described herein and is not an offer or sale of any security or investment product or investment advice. JPMorgan Chase Acquires Substantial Majority of Assets of First Republic Bank, FDIC Identifies "Poor Management" as Root Cause for Signature Bank Failure, Encina Lender Finance Bolsters Leadership Team, Adds Carbery, Connorton and Stroup, KeyBanc Capital Markets, City National Bank Arrange $225MM Energy Transition Debt Facility with Scale Microgrids, New York Community Bancorp Acquires $38B of Assets of Signature Bridge Bank from FDIC, Jefferies Arranges $130MM Term Loan for Danimer Scientific, CIFC Adds Kunz as Managing Director in Investor Solutions Group, Ares Commercial Finance Provides $31.2MM Credit Facility to Leading Manufacturer, Distributor of Home and Garden Equipment, U.S. Bank Unveils New Business Diversity Lending Program, Accord Financial Offers AccordExpress Factoring Portal to Canadian Companies, Stellus Capital Management Supports Intuitives Add-on Acquisition of Premier, Ares Management Closes $2.1B in Direct Lending Commitments in Q1, $23.5B in Last 12 Months, Oaktree Provides $250MM Term Loan Facility to Seres Therapeutics, Flux Power Renews $14MM Credit Facility with First Citizens Bank, 76% of Small Businesses Feel Well-Equipped to Survive a Recession, BofA Survey, U.S. Census Bureau U.S. Department of Commerce, Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022, Gibraltar Equipment Finance Built on a Solid Foundation and Ready to Roll, What Asset-Based Lending Can Learn from AI in the Grocery Sector, In Todays World, Many Companies are Taking a Hard Look at Their Liquidity, Events CherCo is an energy infrastructure company focused on contract compression services serving midstream and upstream operators in Texas, Oklahoma, Louisiana and New Mexico. Contributing original content and curating quality news on only the most promising cannabis companies and the most influential investors. Mr. Quinlan also led a multitude of equity, equity-linked and debt financings including IPOs, follow-ons, convertible notes, bridge loans, high yield, investment grade, syndicated term loans as well as bank debt. In addition, he served as a Member of the Investment Banking Management Committee as well as the Fairness Committee. We reserve the right to revise this legal information at any time and for any reason, without notice or obligation, by updating this posting. Any unauthorized use terminates the permission or limited license granted by White Hat. He provided strategic advice to management teams and Boards on a wide range of corporate transactions for leading public Technology companies, including Aeroflex (now Cobham; debt and equity financings, two private company acquisitions, two divestitures and strategic sale); Agilent Technologies (IPO spin-off of Verigy, spin-off of Keysight Technologies, three divestitures); Ixia (now Keysight Technologies; convertible debt financing, public acquisition and three private company acquisitions); Newport (now MKS Instruments; debt and equity financings and acquisitions) and Viasystems (now TTM Technologies; debt and equity financings, two public acquisitions and strategic sale). Although these individuals have not received any form of cash or non-cash compensation or benefits in connection with these statements, they may be subject to certain material conflicts of interest due to their affiliation with companies in which White Hat invests and/or personal investments in funds managed by White Hat. WhiteHawk provides senior secured financings under a variety of structures for purposes of refinancing, recapitalization, growth, acquisition, restructuring, bridge and DIP/emergence. Copyright 2022 WhiteHawk Capital Partners, LP - All Rights Reserved. THE SITE, AND ALL INFORMATION AND MATERIALS CONTAINED HEREIN, IS PROVIDED TO YOU AS IS WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT OF INTELLECTUAL PROPERTY AND OTHER PROPRIETARY RIGHTS TO THE FULL EXTENT PERMITTED BY LAW. Mr. Quinlan's acquirer-side clients included: Exar (now MaxLinear; Taiwan-listed public company acquisition, including bridge financing), Maxim Integrated (now Analog Devices; public company acquisition, four divestitures and debt financing), MaxLinear (IPO and public company acquisition), and Microsemi (now Microchip; six public company acquisitions (including counterparties in Canada and Israel) and one private company acquisition, including $2+ billion of aggregate acquisition financing), among others. By entering the site you acknowledge and agree that White Hat has not reviewed all the sites that may be linked to the site and is not responsible for the content of any off-site pages or any other site linked to the site. White Hat reserves the right to monitor and record activity on the site and respond to such activity as it deems appropriate. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Any issue concerning the extent to which any dispute is subject to arbitration, or concerning the applicability, interpretation, or enforceability of these procedures, including any contention that all or part of these procedures are invalid or unenforceable, shall be governed by the Federal Arbitration Act and resolved by the arbitrators. At Anvil Advisors, Mr. Tong completed over 50 valuation engagements on companies spanning stages of development from startup to pre-IPO and across a variety of industries, including Digital Advertising (Buzzfeed, Foursquare), Enterprise Software (Black Duck Software, Return Path), Health Insurance (Oscar) and Internet Retail (Etsy, Harrys Razors). Prior to founding Thomas Weisel Partners, Mr. Weisel founded Montgomery Securities, a private partnership and one of the leading underwriters of initial public offerings for many of the most successful companies emerging in Silicon Valley in the 1980s and 90s, including companies such as Amgen, Micron Technologies and Yahoo!. White Hat provides investment advisory services to the privately offered White Hat funds. Ahn was President, GACP. The names and logos of certain companies included in the site are provided for illustrative purposes only. We are dedicated to bringing opportunistic and. You agree to indemnify, defend and hold harmless White Hat and its agents, employees and third party sources from and against any and all suits, losses, claims, demands, liabilities, damages, costs and expenses (including reasonable attorneys fees) that arise from, or relate to, use of this site. The company specializes in offering a wide-ranging fleet covering any application. Mr. Alpert co founded and is Co-President and a Founding Partner of Vestar Capital Partners, a leading middle-market private equity firm specializing in management buyouts, recapitalizations and growth equity investments in the Consumer, Healthcare and Business & Technology Services sectors. Mr. Hetnarski was responsible for Vulcans TMT investments across all disciplines including public equity, private equity and venture capital. Mr. Weisel received a B.A. tucker@hewescomm.com. 212-207-9451, Internet Explorer presents a security risk. Private credit investment manager WhiteHawk Capital Partners, LP ("WhiteHawk") launched in 2020 with a focus on providing asset-based financing solutions to primarily middle market companies in need of liquidity and growth capital. I genuinely appreciated their support, constructive partnership and long-term focus. White Hat reserves all other rights. Prior to joining Magnetar in September 2017, Mr. Falk served as the Global Head of Private Credit at Kohlberg Kravis Roberts & Co. (KKR) where he was a partner and oversaw the private funds within the firms credit business and served on the Private Credit Investment, Leveraged Credit Investment and Portfolio Management committees. He is currently the founder and CEO of Whitehawk Capital Partners, a middle market direct lending fund and SEC Registered Investment Advisor. WhiteHawk Capital Partners Aug 2020 - Present2 years 9 months New York, United States Managing Director Garrison Investment Group Jun 2008 - Dec 201911 years 7 months Vice President Morgan. Mr. Chanley joined Stifel in connection with its merger with Thomas Weisel Partners in 2010. Mr. Vallee is also the Lead Independent Director of Synopsys, Inc. (NASD: SNPS), a provider of electronics design automation software products used to design and test integrated circuits with a market capitalization of approximately $40 billion. Contact Information Primary Position Managing Partner & Portfolio Manager, Whitehawk Capital Partners Education Williams College, BA (Bachelor of Arts) Gender Male Email ja ecteturadip@iscingeli Phone +1 (213) 000-0000 Address 11601 Wilshire Boulevard Suite 1250 Los Angeles, CA 90025 United States +1 (213) 000-0000 John Ahn Positions (1) Mr. Chanley also advised numerous public and private technology companies on strategic sales to industry leaders, including Agilent Technologies (now Keysight Technologies), AVX (now Kyocera), Danaher, Jabil Circuit, JDSU (now Viavi and Lumentum), Keysight Technologies, National Instruments, Novanta, Samsung, Teledyne, TTM Technologies and Zebra Technologies, among others. Mr. Weisel is considered to be a pioneer and one of the leading financiers in the development of the high tech industry in Silicon Valley. Mr. Hedley is a 1991 Bachelor of Arts graduate from Colgate University, where he was a member of the Konosioni Senior Honor Society and a former President of the Beta Theta Pi Fraternity. CherCo, LLC is a provider of contract compression and aftermarket services headquartered in Texas, United States. When hearing on an early call with the White Hat team that they intended to be a constructive PE-style partner to RigNet, I was skeptical to say the least. Fortress was a publicly traded investment manager of hedge funds, balanced mutual funds, real estate funds and private equity funds with over $70 billion in assets under management until it was acquired by SoftBank for approximately $3.3 billion in 2017. Prior to Ernst & Young, Mr. Hedley held senior technology investment banking roles at Canaccord Genuity, UBS Investment Bank and Thomas Weisel Partners. Private credit investment manager WhiteHawk Capital Partners launched in 2020 with a focus on providing asset-based financing solutions to middle market companies in need of liquidity and growth capital. White Hat shall not be liable for any damages, viruses, or services, repairs or corrections that must be performed The use of this facility is intended to allow CherCo to expand its contract compression services in the regions it services. We believe our portfolio benefits from a hand-picked team of C-level executives, directors and technology investors with whom we have worked over the past 20 years. In 2008, Governor Napolitano invited him to join the board of the Arizona Economic Resource Organization, a private nonprofit group that seeks to boost the states economic development efforts. Your Company Listed, Submit He began his career as a Commercial Banker at Manufacturers Hanover Trust Company as a member of the Special Finance Division. Mr. Vallee served as a Director of The Arizona Commerce Authority and was a longstanding member of the Center for Corporate Innovation. New York law governs the Terms and Conditions. Cookies are small pieces of information that a website transfers to your computers hard drive for record-keeping purposes and may have unique identifiers and transmit information about you and how you use our site, which may include your search preferences, browser type and the date and time of use. The Managing Partners were joined by their 10-member investment team, ensuring continuity of the firms demonstrated investment process. Stronghold will use proceeds from the lease to fund purchases of additional digital mining units from suppliers and to scale plant and . Furthermore, you acknowledge and agree that any materials you transmit to White Hat may be used by White Hat, anywhere, anytime and for any reason whatsoever. At Alkeon, Ms. Slattery helped to design and build the research process and team, and was directly responsible for a significant portion of both the long and short books, as the firm grew from $40 million to approximately $1.2 billion. Mr. Weisel joined Stifel following its acquisition of Thomas Weisel Partners (NASD: TWPG) in 2010, a firm which he founded in 1999 and took public in 2006. However, certain of these individuals have subsequently made investments in Funds managed by White Hat. Philanthropically, Ms. Slattery serves on the board of The LAM Foundation, a non-profit organization dedicated to finding better treatments and ultimately a cure for lymphangioleiomyomatosis (LAM), a rare lung disease that affects women. All other issues shall be governed by the law of the State of New York, without regard to its choice of law rules. in Finance from California State University, Fullerton. We may Persons who obtain information from this site should inform themselves about and observe any restrictions imposed in the jurisdiction in which the site is accessed. We have known the WhiteHawk principals for over a decade. The market opportunity they identified and their investment decisions are informed by two decades of engagement with the Tech community, spanning more than 150 completed strategic and corporate finance transactions, collectively valued at more than $50 billion. Over a period of nearly a decade, these funds outperformed 95% of their Large Cap Growth peers. Private credit investment manager WhiteHawk Capital Partners, LP launched in 2020, led by John Ahn, Robert Louzan and Harry Chung. Mr. Hedley currently serves on the Board of Directors of Sanmina Corporation (NASD: SANM), a leading global integrated manufacturing solutions company. The portfolio companies identified here, because they comprise only a subset of all portfolio companies, are not representative of all of the investments made by each White Hat Fund. WhiteHawk Capital Partners 2020 - 20211 year Los Angeles Metropolitan Area Managing Director Great American Capital Partners, LLC 2019 - 20201 year Greater Los Angeles Area Managing Director. Prior to Accordian Partners, Ms. Yuen held Executive Assistant roles at several other companies including First Data Corporation and ITelligent. degree in Electrical Engineering from the University of California at Santa Barbara. Mr. Hetnarski received a B.S. WhiteHawk is led by managing partners John Ahn, Robert Louzan and Harry Chung, formerly of Great American Capital Partners, also known as GACP . Prior to Vulcan, Mr. Hetnarski was a Vice President and the lead Technology Portfolio Manager at Fidelity Management & Research. WhiteHawk Capital Partners, LP is a private credit investment manager focused on asset-based financing solutions primarily to middle market private and public companies across a variety of industries. Any disclaimers, restrictions, disclosures or hedge clauses apply to any partial document or material in the same manner as they do to the whole, and will be deemed incorporated in the portion of any material or document that you consult or download.