Common use of Accredited Investor; Acquisition for Own Account Clause in Contracts

Accredited Investor; Acquisition for Own Account. (a) Accredited Investor. ILDE has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the transactions contemplated by this Agreement, has the ability to bear the economic risks of the investment contemplated by this Agreement and is an “accredited investor” as defined in Rule 501 of Regulation D promulgated under the Securities Act.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Israel Land Development Company- Energy Ltd.), Stock Purchase Agreement (Geoglobal Resources Inc.), Securities Purchase and Exchange Agreement (Geoglobal Resources Inc.)

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