Common use of Initials Initials Clause in Contracts

Initials Initials. If I am a Nebraska resident, in addition to the suitability standards set forth above, I must limit my aggregate investment in this offering and the securities of other business development companies to 10% of such investor’s net worth. Investors who are accredited investors as defined in Regulation D under the Securities Act of 1933 are not subject to the foregoing investment concentration limit. Initials Initials ​ ​ Primary Investor Initials Co- Investor Initials If I am a New Jersey resident, (1) I have either (a) a minimum liquid net worth of at least $100,000 and a minimum annual gross income of not less than $85,000, or (b) a minimum liquid net worth of $350,000. For these purposes, “liquid net worth” is defined as that portion of net worth (total assets exclusive of home, home furnishings, and automobiles, minus total liabilities) that consists of cash, cash equivalents and readily marketable securities. In addition, my total investment in PGIM Private Credit Fund, its affiliates and other non-publicly traded direct investment programs (including real estate investment trusts, business development companies, oil and gas programs, equipment leasing programs and commodity pools, but excluding unregistered, federally and state exempt private offerings) may not exceed 10% of my liquid net worth, and (2) I acknowledge that although PGIM Investments LLC (the “Manager” or “PGIM Investments”), the investment adviser to PGIM Private Credit Fund, will advance all organization and offering expenses of PGIM Private Credit Fund, and may elect to pay certain of PGIM Private Credit Fund’s expenses, PGIM Private Credit Fund is obligated to reimburse the Manager, and this will reduce the returns available to investors.

Appears in 1 contract

Samples: PGIM Private Credit Fund

AutoNDA by SimpleDocs

Initials Initials. If I am a Nebraska resident, in addition to the suitability standards set forth aboveI must have (i) either (a) an annual gross income of at least $70,000 and a net worth of at least $70,000, or (b) a net worth of at least $250,000; and (ii) I must limit my aggregate investment in this offering and the securities of other business development companies to 10% of such investor’s net worth. Investors who are accredited investors as defined in Regulation D under the Securities Act of 1933 1933, as amended, are not subject to the foregoing investment concentration limit. Initials Initials ​ ​ Primary Investor Initials Co- Investor Initials If I am a New Jersey resident, (1) I have either (a) a minimum liquid net worth of at least $100,000 and a minimum annual gross income of not less than $85,000, or (b) a minimum liquid net worth of $350,000. For these purposes, “liquid net worth” is defined as that portion of net worth (total assets exclusive of home, home furnishings, and automobiles, minus total liabilities) that consists of cash, cash equivalents and readily marketable securities. In addition, my total investment in PGIM Nuveen Xxxxxxxxx Private Credit Capital Income Fund, its affiliates and other non-publicly traded direct investment programs (including real estate investment trusts, business development companies, oil and gas programs, equipment leasing programs and commodity pools, but excluding unregistered, federally and state exempt private offerings) may not exceed 10% of my liquid net worth. Initials Initials If I am a New Mexico resident, in addition to the general suitability standards listed above, I may not invest, and I may not accept from an investor more than ten percent (210%) I acknowledge that although PGIM Investments LLC (the “Manager” or “PGIM Investments”), the investment adviser to PGIM of my liquid net worth in shares of Xxxxxx Xxxxxxxxx Private Credit Capital Income Fund, will advance all organization its affiliates and offering expenses in other non-traded business development companies. Liquid net worth is defined as that portion of PGIM Private Credit Fundnet worth which consists of cash, cash equivalents and readily marketable securities. Initials Initials If I am an Ohio resident, it is unsuitable to invest more than 10% of my liquid net worth in the issuer, affiliates of the issuer, and in any other non-traded business development company. “Liquid net worth” is defined as that portion of net worth (total assets exclusive of primary residence, home furnishings and automobiles minus, total liabilities) comprised of cash, cash equivalents and readily marketable securities. Initials Initials If I am an Oregon resident, in addition to the suitability standards set forth above, I may elect not invest more than 10% of my liquid net worth. Liquid net worth is defined as net worth excluding the value of the investor’s home, home furnishings and automobile. Initials Initials If I am a Tennessee resident, I must have a liquid net worth of at least ten times my investment in Xxxxxx Xxxxxxxxx Private Capital Income Fund. Initials Initials If I am a Vermont resident and I am an accredited investor in Vermont, as defined in 17 C.F.R. § 230.501, I may invest freely in this offering. In addition to pay certain the suitability standards described above, if I am non-accredited Vermont investors, I may not purchase an amount in this offering that exceeds 10% of PGIM Private Credit Fundmy liquid net worth. For these purposes, “liquid net worth” is defined as an investor’s expensestotal assets (not including home, PGIM Private Credit Fund is obligated to reimburse the Manager, and home furnishings or automobiles) minus total liabilities. Initials Initials Appendix B Instructions: All purchasers please complete this will reduce the returns available to investorsAppendix B in its entirety.

Appears in 1 contract

Samples: Nuveen Churchill Private Capital Income Fund

Initials Initials. If I am a Nebraska resident, in addition to the suitability standards set forth above, I must limit my aggregate investment in this offering and the securities of other business development companies to 10% of such investor’s my net worth. (Investors who are accredited investors as defined in Regulation D under the Securities Act of 1933 are not subject to the foregoing investment concentration limit. .) Initials Initials ​ ​ Primary Investor Initials Co- Investor Initials If I am a New Jersey resident, (1) I have either (a) a minimum liquid net worth of at least $100,000 and a minimum annual gross income of not less than $85,000, or (b) a minimum liquid net worth of $350,000. For these purposes, “liquid net worth” is defined as that portion of net worth (total assets exclusive of home, home furnishings, and automobiles, minus total liabilities) that consists of cash, cash equivalents and readily marketable securities. In addition, my total investment in PGIM Private Oaktree Strategic Credit Fund, its affiliates and other non-publicly traded direct investment programs (including real estate investment trusts, business development companies, oil and gas programs, equipment leasing programs and commodity pools, but excluding unregistered, federally and state exempt private offerings) may not exceed 10% of my liquid net worth. Initials Initials Primary Investor Initials Co-Investor Initials If I am a New Mexico resident, in addition to the general suitability standards listed above, I may not invest, and Oaktree Strategic Credit Fund may not accept from me more than ten percent (210%) I acknowledge that although PGIM Investments LLC (the “Manager” or “PGIM Investments”), the investment adviser to PGIM Private of my liquid net worth in shares of Oaktree Strategic Credit Fund, will advance all organization its affiliates and offering expenses in other non-traded business development companies. Liquid net worth is defined as that portion of PGIM Private net worth which consists of cash, cash equivalents and readily marketable securities. Initials Initials If I am a North Dakota resident, I have a net worth of at least ten times my investment in Oaktree Strategic Credit Fund, and may elect to pay certain of PGIM Private Credit Fund’s expenses, PGIM Private Credit Fund is obligated to reimburse the Manager, and this will reduce the returns available to investors.

Appears in 1 contract

Samples: Agreement (Oaktree Strategic Credit Fund)

Initials Initials. If I am a Nebraska resident, in addition to the suitability standards set forth aboveI must have (i) either (a) an annual gross income of at least $70,000 and anet worth of at least $70,000, or (b) a net worth of at least $250,000; and (ii) I must limit my aggregate investment in this offering and the securities of other business development companies to 10% of such investor’s net worth. Investors who are accredited investors as defined in Regulation D under the Securities theSecurities Act of 1933 are not subject to the foregoing investment concentration limit. Initials Initials ​ ​ Primary Investor Initials Co- Investor Initials If I am a New Jersey resident, (1) I have either (a) a minimum liquid net worth of at least $100,000 and a minimum annual gross income of not less than $85,000, or (b) a minimum liquid net worth of $350,000. For these purposes, “liquid net worth” is defined as that portion of net worth (total assets exclusive of home, home furnishings, and automobiles, minus total liabilities) that consists of cash, cash equivalents and readily marketable securities. In addition, my total investment in PGIM Crescent Private Credit FundIncome Corp., its affiliates and other non-publicly traded direct investment programs (including real estate investment trusts, business development companies, oil and gas programs, equipment leasing programs and commodity pools, but excluding unregistered, federally and state exempt private offerings) may not exceed 10% of my liquid net worth, and (2) ), I acknowledge understand that although PGIM Investments LLC (the “Manager” or “PGIM Investments”)Crescent Cap NT Advisors, LLC, the investment adviser to PGIM Crescent Private Credit FundIncome Corp. (the “investment adviser”), will advance all organization and offering expenses of PGIM Crescent Private Credit FundIncome Corp., and may elect to pay certain of PGIM Crescent Private Credit FundIncome Corp.’s expenses, PGIM Crescent Private Credit Fund Income Corp. is obligated to reimburse the Managerinvestment adviser, and this will reduce the returns available to investors.. Additionally, I acknowledge that if I buy Class S shares or Class D shares through certain financial intermediaries, they may directly charge me transaction or other fees, including upfront placement or brokerage commissions, in such amounts as they may determine, provided that they limit such charges to a 3.5% cap on NAV for Class S shares and a 1.5% cap on NAV for Class D shares. Initials Initials If I am a New Mexico resident, in addition to the general suitability standards listed above, I may not invest, and I may not accept from an investor more than ten percent (10%) of my liquid net worth in shares of Crescent Private Credit Income Corp., its affiliates and in other non-traded business development companies. Liquid net worth is defined as that portion of net worth which consists of cash, cash equivalents and readily marketable securities. Initials Initials

Appears in 1 contract

Samples: www.crescentprivatecredit.com

AutoNDA by SimpleDocs

Initials Initials. If I am a Nebraska an Ohio resident, it is unsuitable to invest more than 10% of my liquid net worth in the issuer, affiliates of the issuer, and in any other non-traded business development company. “Liquid net worth” is defined as that portion of net worth (total assets exclusive of primary residence, home furnishings and automobiles minus, total liabilities) comprised of cash, cash equivalents and readily marketable securities. Initials Initials If I am an Oklahoma resident, I may not invest more than 10% of my liquid net worth in BlackRock Private Credit Fund. Initials Initials If I am an Oregon resident, in addition to the suitability standards set forth above, I must limit my aggregate investment in this offering and the securities of other business development companies to may not invest more than 10% of such investor’s my liquid net worth. Investors who are accredited investors Liquid net worth is defined as defined in Regulation D under net worth excluding the Securities Act value of 1933 are not subject to the foregoing investment concentration limitinvestor’s home, home furnishings and automobile. Initials Initials ​ ​ Primary Investor Initials Co- Investor Initials If I am a New Jersey Puerto Rico resident, (1) I have either (a) a minimum may not invest more than 10% of my liquid net worth of at least $100,000 in BlackRock Private Credit Fund, its affiliates and a minimum annual gross income of not less than $85,000, or (b) a minimum liquid net worth of $350,000other non-traded real estate investment programs. For these purposes, “liquid net worth” is defined as that portion of net worth (total assets exclusive of homeprimary residence, home furnishings, furnishings and automobiles, automobiles minus total liabilities) that consists consisting of cash, cash equivalents and readily marketable securities. In additionInitials Initials If I am a Tennessee resident, I must have a liquid net worth of at least ten times my total investment in PGIM BlackRock Private Credit Fund. Initials Initials If I am a Vermont resident and I am an accredited investor in Vermont, its affiliates and other as defined in 17 C.F.R. § 230.501, I may invest freely in this offering. In addition to the suitability standards described above, if I am non-publicly traded direct investment programs (including real estate investment trustsaccredited Vermont investors, business development companies, oil and gas programs, equipment leasing programs and commodity pools, but excluding unregistered, federally and state exempt private offerings) I may not exceed purchase an amount in this offering that exceeds 10% of my liquid net worth. For these purposes, and “liquid net worth” is defined as an investor’s total assets (2not including home, home furnishings or automobiles) I acknowledge that although PGIM Investments LLC (the “Manager” or “PGIM Investments”), the investment adviser to PGIM Private Credit Fund, will advance all organization and offering expenses of PGIM Private Credit Fund, and may elect to pay certain of PGIM Private Credit Fund’s expenses, PGIM Private Credit Fund is obligated to reimburse the Manager, and this will reduce the returns available to investors.minus total liabilities. Initials Initials

Appears in 1 contract

Samples: Subscription Agreement (BlackRock Private Credit Fund)

Initials Initials. If I am a Nebraska an Ohio resident, in addition it is unsuitable to the suitability standards set forth above, I must limit my aggregate investment in this offering and the securities of other business development companies to invest more than 10% of such investor’s net worth. Investors who are accredited investors as defined in Regulation D under the Securities Act of 1933 are not subject to the foregoing investment concentration limit. Initials Initials ​ ​ Primary Investor Initials Co- Investor Initials If I am a New Jersey resident, (1) I have either (a) a minimum my liquid net worth in the issuer, affiliates of at least $100,000 the issuer, and a minimum annual gross income of not less than $85,000, or (b) a minimum liquid net worth of $350,000in any other non-traded business development company. For these purposes, “liquid net worth” is defined as that portion of net worth (total assets exclusive of homeprimary residence, home furnishingsfurnishings and automobiles minus, and automobiles, minus total liabilities) that consists comprised of cash, cash equivalents and readily marketable securities. In additionInitials Initials If I am an Oklahoma resident, my total investment in PGIM Crescent Private Credit Fund, its affiliates and other non-publicly traded direct investment programs (including real estate investment trusts, business development companies, oil and gas programs, equipment leasing programs and commodity pools, but excluding unregistered, federally and state exempt private offerings) Income Corp. may not exceed 10% of my liquid net worth. Initials Initials If I am an Oregon resident, in addition to the suitability standards set forth above, I may not invest more than 10% of my liquid net worth. Liquid net worth is defined as net worth excluding the value of the investor’s home, home furnishings and (2) automobile. Initials Initials If I acknowledge that although PGIM Investments LLC (the “Manager” or “PGIM Investments”)am a Pennsylvania resident, the investment adviser to PGIM I may not invest more than 10% of my liquid net worth in Crescent Private Credit FundIncome Corp. Initials Initials If I am a Puerto Rico resident, will advance all organization and offering expenses I may not invest more than 10% of PGIM my liquid net worth in Crescent Private Credit FundIncome Corp., its affiliates and may elect to pay certain other non-traded business development companies. For these purposes, “liquid net worth” is defined as that portion of PGIM net worth (total assets exclusive of primary residence, home furnishings and automobiles minus total liabilities) consisting of cash, cash equivalents and readily marketable securities. Initials Initials If I am a Tennessee resident, I must have a liquid net worth of at least ten times my investment inCrescent Private Credit FundIncome Corp.. Initials Initials If I am a Vermont resident and I am an accredited investor in Vermont, as defined in 17 C.F.R. §230.501, I may invest freely in this offering. In addition to the suitability standards described above, if I am a non-accredited Vermont investor, I may not purchase an amount in this offering that exceeds 10% of my liquid net worth. For these purposes, “liquid net worth” is defined as an investor’s expensestotal assets (not including home, PGIM Private Credit Fund is obligated to reimburse the Manager, and home furnishings or automobiles) minus total liabilities. Initials Initials Appendix B: Additional Questionnaire Instructions: All purchasers please complete this will reduce the returns available to investorsAppendix A in its entirety.

Appears in 1 contract

Samples: www.crescentprivatecredit.com

Time is Money Join Law Insider Premium to draft better contracts faster.