Accredited Investor; Investment Experience. Subscriber is (a) an “accredited investor” as defined in Rule 501(a) under Regulation D of the Securities Act, a copy of which is attached hereto as Annex A. Subscriber acknowledges that Subscriber is familiar with the business and financial condition, properties, operations and prospects of the Company, including the Sponsor’s ownership of a substantial amount of the issued and outstanding Units of the Company and the Sponsor’s rights set forth in the LLC Agreement, and Subscriber has made all investigations which it deems necessary or desirable for deciding whether to invest in the Units. Subscriber has such knowledge and experience in financial and business matters that Subscriber is capable of evaluating the merits and risks of an investment in the Units and of making an informed investment decision with respect to the purchase thereof and understands that (i) this investment is suitable only for an investor which is able to bear the economic consequences of losing such investor’s entire investment, (ii) the acquisition of the Units hereunder is a speculative investment which involves a high degree of risk of loss, which could include the loss of the Subscriber’s entire investment, and (iii) there are substantial restrictions on the transferability of, and there will be no public market for, the Units, and accordingly, it may not be possible for Subscriber to liquidate Subscriber’s investment in case of emergency.
Accredited Investor; Investment Experience. The Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the prospective investment in the Securities, it is able to bear the economic consequences thereof, and it qualifies as an "accredited investor" as such term is defined in Rule 501 of Regulation D promulgated under the Securities Act. Purchaser is experienced in evaluating and investing in securities of emerging publicly traded high technology companies and acknowledges that it can bear the economic risk of its investment. Purchaser is a "U.S. Person" as that term is defined in the Internal Revenue Code of 1986, as amended, and has not been formed for the specific purpose of acquiring the Securities.
Accredited Investor; Investment Experience. Elevation has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the prospective investment in the Purchased Shares and the Purchased Warrants, it is able to bear the economic consequences thereof, and it qualifies as an “accredited investor” as such term is defined in Rule 501 of Regulation D promulgated under the Securities Act. Elevation is experienced in evaluating and investing in securities of emerging publicly traded high technology companies and acknowledges that it can bear the economic risk of its investment. Elevation is a “U.S. Person” as that term is defined in the Internal Revenue Code of 1986, as amended, and has not been formed for the specific purpose of acquiring the Purchased Shares.
Accredited Investor; Investment Experience. The Purchaser acknowledges, represents and warrants that it is an “Accredited Investor” as such term is defined in Regulation D under the Securities Act of 1933, as amended, and that it is a sophisticated investor engaged in the business of assessing and assuming investment risks with respect to securities with such knowledge and experience in financial and business matters as to be capable of making an informed decision regarding an investment in the Shares and is capable of reviewing, understanding and making an independent judgment with respect to an investment in the Shares.
Accredited Investor; Investment Experience. Each Crestwood Party is an “accredited investor” within the meaning of Rule 501 of Regulation D promulgated by the Securities and Exchange Commission pursuant to the Securities Act. Each Crestwood Party is experienced in evaluating and investing in securities and acknowledges that it can bear the economic risk of a complete loss of its investment in New NRGM Common Units to be acquired by the Crestwood Parties pursuant to Article 2, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in such New NRGM Common Units. Each Crestwood Party has undertaken such investigation as it has deemed necessary to enable it to make an informed and intelligent decision with respect to the execution, delivery and performance of this Agreement and any acquisition of New NRGM Common Units pursuant to Article 2. Each Crestwood Party has had an opportunity to ask questions and receive answers from the Inergy Parties regarding the terms and conditions of the Option and the transactions contemplated by the Option and the business, properties, prospects and financial condition of NRGM. The foregoing two sentences do not, however, modify the representations of the Crestwood Parties in Article 3.
Accredited Investor; Investment Experience. Purchaser is and, upon exercise of the Option, will be an "accredited investor," as such term is defined in Regulation D of the Securities Act, is experienced in investments and business matters, has made investments of a speculative nature and, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable it to utilize the information made available by Seller and the Company to evaluate the merits and risks of and to make an informed investment decision with respect to this Agreement, which, upon exercise of the Option, will represent a speculative investment. Purchaser is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof. Purchaser is and, upon exercise of the Option, will be an accredited investor, as defined in Rule 501 of the Securities Act.
Accredited Investor; Investment Experience. Each of the Investors is an accredited investor (as defined in Rule 501 of Regulation D), and has such experience in business and financial matters that it is capable of evaluating the merits and risks of an investment in the Debentures and Warrants. As of the First Tranche Closing Date, each of the Investors (i) has adequate means of providing for its current need and possible personal contingencies, (ii) has no need for liquidity in this investment, (iii) is able to bear the substantial economic risk of an investment in the Debentures and Warrant for an indefinite period, and (iv) can afford the complete loss of his investment. The Investors recognize the highly speculative nature of this investment. The Investors acknowledge that they have carefully read the SEC Documents and the terms and conditions of the Debentures and Warrants and fully understand the contents thereof.
Accredited Investor; Investment Experience. The Company is an “accredited investor” and represents that each Owner is an “accredited investor” as such term is defined in Section 501(a) of Regulation D promulgated under the Securities Act.
Accredited Investor; Investment Experience. The Investor is ----------------------------------------- an accredited investor (as defined in Rule 501 of Regulation D), and has such experience in business and financial matters that it is capable of evaluating the merits and risks of an investment in the Preferred Stock and Warrant. As of the Closing Date, the Investor (i) has adequate means of providing for its current need and possible personal contingencies, (ii) has no need for liquidity in this investment, (iii) is able to bear the substantial economic risk of an investment in the Preferred Stock and Warrant for an indefinite period, and (iv) can afford the complete loss of his investment. The Investor recognizes the highly speculative nature of this investment. The Investor acknowledges that it has carefully read the SEC Documents, and the terms and conditions of the Certificate of Designation and Warrant and fully understands the contents thereof.
Accredited Investor; Investment Experience. The Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the prospective investment in the Securities, it is able to bear the economic consequences thereof, and it qualifies as an "accredited investor" as such term is defined in Rule 501 of Regulation D promulgated under the Securities Act. Purchaser is experienced in evaluating and investing in securities of emerging publicly traded high technology companies and acknowledges that it can bear the economic risk of its investment. Purchaser has not been formed for the specific purpose of acquiring the Securities.
