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Common use of For Natural Persons Clause in Contracts

For Natural Persons. The Holder is a natural person and (please check all boxes that apply): ☐ has an individual net worth or a joint net worth with the Holder’s Spousal Equivalent1 in excess of $1,000,000 (determined by subtracting total liabilities from total assets)2; ☐ had an individual income in excess of $200,000 (or a joint income together with the Holder’s spouse or Spousal Equivalent in excess of $300,000) in each of the two most recently completed calendar years, and reasonably expects to have an individual income in excess of $200,000 (or a joint income together with the Holder’s spouse or Spousal Equivalent in excess of $300,000) in the current calendar year; ☐ holds in good standing one or more of the following professional certifications: General Securities Representative license (Series 7), Private Securities Offerings Representative license (Series 82), or Investment Adviser Representative license (Series 65); and/or ☐ is a “family client,” as defined in Rule 202(a)(11)(G)-1 under the U.S. Investment Advisers Act of 1940, as amended (the “Advisers Act”), whose prospective investment in the Partnership is directed by that person’s Qualified Family Office (as defined below).

Appears in 4 contracts

Samples: Rollover Agreement (NGM Biopharmaceuticals Inc), Rollover Agreement (NGM Biopharmaceuticals Inc), Rollover Agreement (Column Group L P)

For Natural Persons. The Holder Purchaser is a natural person and (please check all boxes that apply): ☐ has an individual net worth or a joint net worth with the HolderPurchaser’s Spousal Equivalent1 in excess of $1,000,000 (determined by subtracting total liabilities from total assets)2; ☐ had an individual income in excess of $200,000 (or a joint income together with the HolderPurchaser’s spouse or Spousal Equivalent in excess of $300,000) in each of the two most recently completed calendar years, and reasonably expects to have an individual income in excess of $200,000 (or a joint income together with the HolderPurchaser’s spouse or Spousal Equivalent in excess of $300,000) in the current calendar year; ☐ holds in good standing one or more of the following professional certifications: General Securities Representative license (Series 7), Private Securities Offerings Representative license (Series 82), or Investment Adviser Representative license (Series 65); and/or ☐ is a “family client,” as defined in Rule 202(a)(11)(G)-1 under the U.S. Investment Advisers Act of 1940, as amended (the “Advisers Act”), whose prospective investment in the Partnership is directed by that person’s Qualified Family Office (as defined below).

Appears in 2 contracts

Samples: Joinder Agreement (Column Group L P), Joinder Agreement (NGM Biopharmaceuticals Inc)