Qualified Client Status Sample Clauses

Qualified Client Status. ¨ The Investor certifies that it is (i) a revocable trust which may be amended or revoked at any time by the grantors thereof, and (ii) each grantor of the trust is a natural person with an individual net worth,2 including assets held jointly with their spouse, in excess of $1,500,000; and (ii) the purchase of the Units is being directed by a sophisticated person (i.e., one who possesses knowledge and experience in financial and business matters such that it is capable of evaluating the merits and risks of the prospective investment). The Fund, in its sole discretion, may request information regarding the basis on which such grantors are qualified clients. Agreements submitted by a Charitable Remainder Trust (CRT) will not be accepted. -OR- ¨ The Investor certifies that (i) it is an irrevocable trust with total assets in excess of $5,000,000; (ii) it was not formed for the specific purpose of acquiring the Units offered; and (iii) the purchase of the Units is being directed by a sophisticated person (i.e., one who possesses knowledge and experience in financial and business matters such that it is capable of evaluating the merits and risks of the prospective investment). Agreements submitted by a Charitable Remainder Trust (CRT) will not be accepted.
Sample 1Sample 2
AutoNDA by SimpleDocs
Qualified Client Status. The Subscriber is / is not (please check one) a “qualified client” as defined in the Advisers Act and the rules thereunder. Note that the Subscriber does not need to be a “qualified client” to invest in a Series. The Subscriber is a “qualified client” if the Subscriber:
Sample 1Sample 2
Qualified Client Status. I certify that I am a “qualified client” at the time of my investment in the Fund because I satisfy one or more of the categories of qualified client listed below. The Investor is: Please write the corresponding letter(s) that apply, in the box above. This box must be completed. FOR INDIVIDUALS:
Sample 1
Qualified Client Status. Are you a Qualified Client (as defined in Rule 205-3 under the Advisers Act and the related SEC orders)? Please check one box only.
Sample 1
Qualified Client Status. Please complete all applicable information below.
Sample 1

Related to Qualified Client Status

  • Independent Status The employees, volunteers, or agents of each party who are engaged in the performance of this Agreement will continue to be employees, volunteers, or agents of that party and will not for any purpose be employees, volunteers, or agents of the other party.

  • Completion of Review for Certain Review Receivables Following the delivery of the list of the Review Receivables and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Review Receivable is paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents. On receipt of such notice, the Asset Representations Reviewer will immediately terminate all Tests of the related Review Receivable, and the Review of such Review Receivables will be considered complete (a “Test Complete”). In this case, the related Review Report will indicate a Test Complete for such Review Receivable and the related reason.

  • Prior Investment Experience The Holder acknowledges that it has prior investment experience, including investment in securities of the type being exchange, including the Securities or the Exchange Securities, and has read all of the documents furnished or made available by the Company to it and is able to evaluate the merits and risks of such an investment on its behalf, and that it recognizes the highly speculative nature of this investment.

  • Employment Status This Agreement does not constitute a contract of employment or impose upon Executive any obligation to remain as an employee, or impose on the Company any obligation (i) to retain Executive as an employee, (ii) to change the status of Executive as an at-will employee or (iii) to change the Company’s policies regarding termination of employment.

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