Common use of Accredited Investor Status or Investment Limits Clause in Contracts

Accredited Investor Status or Investment Limits. The Holder represents that either: (i) the Holder is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act; or (ii) The purchase price, together with any other amounts previously used to purchase Securities in this offering, does not exceed 10% of the greater of the Holder’s annual income or net worth (or in the case where it is a non-natural person, their revenue or net assets for such it's most recently completed fiscal year end).

Appears in 4 contracts

Samples: Warrant Agreement (Cloudastructure, Inc.), Warrant Agreement (Cloudastructure, Inc.), Warrant Agreement (Cloudastructure, Inc.)

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Accredited Investor Status or Investment Limits. The Holder undersigned represents that either: (i) the Holder is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act; or (ii) The purchase price, together with any other amounts previously used to purchase Securities in this offering, does not exceed 10% of the greater of the Holder’s annual income or net worth (or in the case where it is a non-natural person, their revenue or net assets for such it's most recently completed fiscal year end).

Appears in 3 contracts

Samples: Warrant Agreement (Legion Works, Inc.), Warrant Agreement (Cloudastructure, Inc.), Warrant Agreement (Legion Works, Inc.)

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