Qualification to Purchase Clause Samples
Qualification to Purchase. (a) The Membership Interests are being acquired for investment purposes only for Purchaser’s own account and not with a view to or in connection with any distribution, reoffer, resale, or other disposition not in compliance with the Securities Act and applicable state securities laws.
(b) Purchaser is an “Accredited Investor” as defined in the Securities Act and Regulation D thereunder. Purchaser is experienced and sophisticated with respect to the transactions contemplated by this Agreement and has such knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in the Membership Interests. Purchaser is aware that it must bear the economic risk of its investment in the Company for an indefinite period of time because the Membership Interests have not been registered under the Securities Act or under any applicable state securities laws and, therefore, cannot be sold unless the Membership Interests are subsequently registered under the Securities Act and any applicable state securities laws or pursuant to an exemption thereunder. Purchaser recognizes the highly speculative nature and risk of loss associated with an investment in the Company and that it could suffer a complete loss of the investment and is capable of bearing the economic risks of such loss.
Qualification to Purchase. In order to exercise the Option (a) Sutt▇▇ ▇▇▇t be an "accredited investor" on the dates of exercise and must give investment representation reasonably satisfactory to Monument and Rockford or (b) Sutt▇▇ ▇▇▇t provide other evidence reasonably satisfactory to Rockford that a proposed exercise is exempt from registration under, and otherwise complies with, applicable federal and state securities laws.
Qualification to Purchase. (a) The Shares are being acquired for investment purposes only for such Purchaser’s own account and not with a view to or in connection with any distribution, reoffer, resale, or other disposition not in compliance with the Securities Act and applicable securities Laws or Korea.
(b) ▇▇▇▇ is an investment purpose company, the sole qualified investment vehicle permitted to be utilized under the Financial Investment Services and Capital Markets Act of Korea by a Korean private equity fund. Each of the shareholders of ▇▇▇▇ is a “professional investor” as defined under the Financial Investment Services and Capital Markets Act of Korea.
(c) Such Purchaser is experienced and sophisticated with respect to the transactions contemplated by this Agreement and has such knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in the Shares. Such Purchaser recognizes the highly speculative nature and risk of loss associated with an investment in the Company and that it could suffer a complete loss of the investment and is capable of bearing the economic risks of such loss.
Qualification to Purchase. The Buyer is qualified to purchase Euroclub and to own and operate, the Business Assets. To the Buyer’s knowledge there is no impediment to the consummation by the Buyer of the transactions contemplated under this Agreement,
Qualification to Purchase. The Fund is only available to Investors resident in Canada who qualify as accredited investors (see the Accredited Investor Schedule forming part of this Subscription Agreement as Schedule “A”) or who qualify under the Employee Exemption (see the Employee Exemption Schedule forming part of this Subscription Agreement as Schedule “B”) and who purchase the units of the Fund as principal. Investors should consult their registered dealer (the “Dealer”) or other advisor and refer to the representations and warranties contained herein to determine whether they are eligible to purchase units on this basis. Investors who are eligible to purchase units as accredited investors or as employees must complete and mail or fax to Franklin ▇▇▇▇▇▇▇▇▇ the Accredited Investor Schedule or the Employee Exemption Schedule, as applicable, which forms part of this Subscription Agreement, in order to purchase units on this basis.
Qualification to Purchase. The offering of the Shares is being conducted pursuant to an exemption from the securities registration requirements provided by one or more rules promulgated under section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). The Company is requiring that all purchasers in the private placement qualify as, an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act. “