Common use of Automatic Investments Clause in Contracts

Automatic Investments. Investor acknowledges and asserts that, should Investor enter into an automatic investment plan with the Company whereby reoccurring payments are automatically withdrawn from Investor’s account at regularly scheduled intervals of time towards an investment in additional purchases of Securities, Investor will monitor and will immediately notify the Company at sxxxxxx@xxxxxxxxxx.xx in advance if a regularly scheduled payment would cause Investor to exceed applicable “qualified purchaser” limits. The Company may send electronic notifications in advance of each regularly scheduled payment; however, Investor hereby agrees that Investor will not rely on such electronic notifications as a reminder of Investor’s obligation to monitor and notify the Company in advance should a regularly scheduled payment cause Investor of exceed Investor’s applicable “qualified purchaser” limit.

Appears in 3 contracts

Samples: Subscription Agreement (Ysmd, LLC), Subscription Agreement (Ysmd, LLC), Subscription Agreement (Ysmd, LLC)

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Automatic Investments. Investor acknowledges and asserts that, should Investor enter into an automatic investment plan with the Company whereby reoccurring payments are automatically withdrawn from Investor’s account at regularly scheduled intervals of time towards an investment in additional purchases of Securities, Investor will monitor and will immediately notify the Company at sxxxxxx@xxxxxxxxxx.xx xxxxxxx@xxxxxxxxxx.xx in advance if a regularly scheduled payment would cause Investor to exceed applicable “qualified purchaser” limits. The Company may send electronic notifications in advance of each regularly scheduled payment; however, Investor hereby agrees that Investor will not rely on such electronic notifications as a reminder of Investor’s obligation to monitor and notify the Company in advance should a regularly scheduled payment cause Investor of exceed Investor’s applicable “qualified purchaser” limit.

Appears in 2 contracts

Samples: Subscription Agreement (Ysmd, LLC), Subscription Agreement (Ysmd, LLC)

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