Common use of Institutional Investor Clause in Contracts

Institutional Investor. Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts, or similar business trust or partnership, not formed for the specific purposes of acquiring the Shares offered through the Memorandum, with total assets in excess of $5,000,000.

Appears in 3 contracts

Samples: Private Placement Subscription Agreement (Biologix Hair Inc.), Private Placement Subscription Agreement (Biologix Hair Inc.), Subscription Agreement (Aurios Inc.)

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Institutional Investor. Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts, Massachusetts or similar business trust trust, or partnership, not formed for the specific purposes purpose of acquiring the Shares offered through the Memorandum, with total assets in excess of $5,000,000.

Appears in 2 contracts

Samples: Subscription Agreement (AuraSource, Inc.), Subscription Agreement (AuraSource, Inc.)

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