Common use of Member Status Clause in Contracts

Member Status. At the time such Member was offered the Interest, it was, and at the date hereof it is an “accredited investor” as defined in Rule 501(a) under the Securities Act. Such Member is not required to be registered as a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (American Medical Alert Corp), Limited Liability Company Agreement (HUGHES Telematics, Inc.), Limited Liability Company Agreement (American Medical Alert Corp)

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Member Status. At the time such Member was offered the InterestShares, it was, and at the date hereof it is is, an “accredited investor” as defined in Rule 501(a501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act of 1933, as amended (the “Securities Act”). Such Member is not required to be registered as a broker-dealer under Section 15 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”).

Appears in 1 contract

Samples: Unit Exchange Agreement (Tablemax Corp)

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