Common use of INVESTOR SUITABILITY STANDARDS Clause in Contracts

INVESTOR SUITABILITY STANDARDS. The LLC intends to sell the Interests to up to 500 U.S. or foreign investors of which no more than thirty- five (35) are unaccredited U.S. or foreign investors and the rest are “Accredited Investors”. All investors who are not deemed “accredited” shall supply such information to the LLC, as the LLC may deem necessary to determine that the investor, or their purchaser representative, render the investor capable of evaluating risks of a proposed investment in an Interest. To qualify as an “accredited investor,” an investor must meet any of the following:

Appears in 3 contracts

Samples: Subscription Agreement and Power of Attorney, Subscription Agreement and Power of Attorney, Subscription Agreement and Power of Attorney

AutoNDA by SimpleDocs

INVESTOR SUITABILITY STANDARDS. The LLC Fund intends to sell the Interests to up to 500 U.S. or foreign investors of which no more than thirty- five (35) are unaccredited U.S. or foreign investors and the rest are “Accredited Investors”. All investors who are not deemed “accredited” shall supply such information to the LLCFund, as the LLC Fund may deem necessary to determine that the investor, or their purchaser representative, render the investor capable of evaluating risks of a proposed investment in an Interest. To qualify as an “accredited investor,” an investor must meet any of the following:

Appears in 1 contract

Samples: Subscription Agreement and Power

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!