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

Accredited Investor Status or Investment Limits. Subscriber represents that: EITHER (i) Subscriber is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act (in which case Subscriber has truthfully indicated, on the signature page of this Subscription Agreement, the numbered paragraph(s) of Appendix A (attached hereto) corresponding to Subscriber’s accredited investor status); OR (ii) The purchase price set out in paragraph (b) of the signature page to this Subscription Agreement, together with any other amounts previously used to purchase Shares in the Offering, does not exceed (A) 10% of the greater of Subscriber’s annual income or net worth (if Subscriber is a natural person) or (B) 10% of the greater of Subscriber’s annual revenue or net assets at fiscal year end (if Subscriber is not a natural person).

Appears in 5 contracts

Samples: Subscription Agreement (Zero Labs Automotive, Inc.), Subscription Agreement (Zero Labs Automotive, Inc.), Subscription Agreement (EthicStream Inc.)

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Accredited Investor Status or Investment Limits. Subscriber represents that: EITHER (i) Subscriber is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act (in which case Subscriber has truthfully indicated, on the signature page of this Subscription Agreement, the numbered paragraph(s) of Appendix A (attached hereto) corresponding to Subscriber’s accredited investor status); OR (ii) The purchase price set out in paragraph (b) of the signature page to this Subscription Agreement, together with any other amounts previously used to purchase Shares Securities in the Offering, does not exceed (A) 10% of the greater of Subscriber’s annual income or net worth (if Subscriber is a natural person) or (B) 10% of the greater of Subscriber’s annual revenue or net assets at fiscal year end (if Subscriber is not a natural person).

Appears in 4 contracts

Samples: Subscription Agreement (Robot Cache US Inc.), Subscription Agreement (Robot Cache US Inc.), Subscription Agreement (Robot Cache US Inc.)

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Accredited Investor Status or Investment Limits. Subscriber represents that: EITHER (i) Subscriber is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act (in which case Subscriber has truthfully indicated, on the signature page of this Subscription Agreement, the numbered paragraph(s) of Appendix A (attached hereto) corresponding to Subscriber’s accredited investor status); OR (ii) The purchase price set out forth in paragraph (b) of the signature page to this Subscription Agreement, together with any other amounts previously used to purchase Shares Units in the Offering, does not exceed (A) 10% of the greater of Subscriber’s annual income or net worth (if Subscriber is a natural person) or (B) 10% of the greater of Subscriber’s annual revenue or net assets at fiscal year end (if Subscriber is not a natural person).

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement (Mr. Mango LLC)

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