Accredited Holder. Holder (a) is an “Accredited Investor” as that term is defined in Rule 501 of Regulation D promulgated under the Securities Act, and has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of such Holder’s prospective investment in the Warrant; (b) has the ability to bear the economic risks of such Holder’s prospective investment, including a complete loss of Holder’s investment in the Warrant; (c) has not been offered the Warrant by any form of advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or any seminar or meeting whose attendees have been invited by any such media; (d) has had an opportunity to ask questions and receive answers from representatives of the Company regarding the terms and conditions of the Warrant and the condition of the Company’s business, including, without limitation, its financial condition; and (e) acknowledges that Xxxxxx has conducted its own due diligence with respect to the Company, the Warrant and any other matter which Xxxxxx believes to be material to a decision to lend and further acknowledges that Xxxxxx is making its investment decision based on this due diligence.
Appears in 4 contracts
Samples: Warrant Agreement (Roughneck Supplies Inc.), Warrant Agreement (Roughneck Supplies Inc.), Placement Agent Warrant (Roughneck Supplies Inc.)
