Qualified Purchaser Status. Each Lender represents, warrants and agrees that: (i) it is and shall remain at all times a qualified purchaser for purposes of Section 3(c)(7) of the Investment Company Act; (ii) (a) it is, and shall be at all times, the sole direct and indirect beneficial owner and holder of its Advances (and all beneficial, economic or other interest therein) and (b) it shall not hold its Advances for the direct or indirect benefit of any other Person (for the avoidance of doubt it being understood that this clause (ii) shall not prohibit any assignment of, or sale of a participation interest in, any Advance made in accordance with the terms of this Agreement); (iii) it may not, directly or indirectly, assign or otherwise transfer any of its rights or obligations hereunder (a “Transfer”) to any other Person that is not a qualified purchaser for purposes of Section 3(c)(7) of the Investment Company Act; (iv) if any of the acknowledgments, representations or agreements deemed to have been made by it in this Agreement are no longer accurate or have been breached, it shall promptly notify the Company; and (v) if a Transfer of any Advance does not comply with this Agreement, such Transfer shall be null and void and not given effect for any purpose hereunder.
Qualified Purchaser Status. Such Seller is a "qualified purchaser" as defined in Section 2(51)(A)(iv) of the Investment Company Act.
Qualified Purchaser Status. To the best knowledge of the Purchaser and the PEF upon reasonable inquiry, each Rep Party is a “qualified purchaser” (as defined in Section 2(a)(51) of the U.S. Investment Company Act). If the Rep Party is not a “qualified purchaser”, it is wholly owned by an individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization, trust, association or other entity (“Person” and collectively, “Persons”) that is a qualified purchaser and has adopted policies and procedures, including the implementation of binding contractual obligations designed to prevent ownership by Persons that are not “qualified purchasers.”
Qualified Purchaser Status. The Lender represents and warrants that it is a “qualified purchaser” as defined in Section 2(a)(51) of the Investment Company Act and Rule 2a51-1 promulgated thereunder, and has checked the box or boxes below that are next to the categories under which the Lender qualifies as a qualified purchaser. In order to complete the following information, the Lender must read Annex A-1 and A-2 attached hereto for the definition of “investments” and for information regarding the “valuation of investments,” respectively:
Qualified Purchaser Status. ITEM A Individual investors must xxxx one or more of the following statements: (Xxxx all appropriate spaces below) _____ The undersigned certifies that he or she is a qualified purchaser as defined in Section 2(a)(51)(A) of the Investment Company Act because he or she owns not less than $5,000,000 of Investments (as defined under the Investment Company Act, please see below), or _____ The undersigned certifies that he or she is a qualified purchaser as defined in Section 2(a)(51)(A) of the Investment Company Act because the undersigned and spouse are investing in Series One and Series Two jointly (or intend to hold the Interests as community property) and own Investments in the aggregate of not less than $5,000,000.
Qualified Purchaser Status. ITEM A Individual investors must xxxx one or more of the following statements: (Xxxx all appropriate spaces below) _____ The undersigned certifies that he or she is a qualified purchaser as defined in Section 2(a)(51)(A) of the Investment Company Act because he or she owns not less than $5,000,000 of Investments (as defined under the Investment Company Act, please see below), or _____ The undersigned certifies that he or she is a qualified purchaser as defined in Section 2(a)(51)(A) of the Investment Company Act because the undersigned and spouse invested in Subscriber jointly (or hold their interest in the Subscriber as community property) and own Investments in the aggregate of not less than $5,000,000.
Qualified Purchaser Status. XXXX is a “qualified purchaser” within the meaning of Section 3(c)(7) of the Investment Company Act of 1940, as amended.
Qualified Purchaser Status. I represent and warrant that the Subscriber is a “qualified purchaser,” as defined in Regulation A of the Securities Act, based on the fact that either:
Qualified Purchaser Status. (1) As indicated by checking the appropriate box below and initialing alongside the box, the following information is true with respect to the Subscriber for the reasons set forth below: Initial: ☐ The amount of Common Shares being purchased by the Subscriber does exceed 10% of the greater of the Subscriber’s annual income or net worth (for natural persons), or 10% of the greater of Subscriber’s annual revenue or net assets at fiscal year-end (for non-natural persons). Initial: ☐ The amount of Common Shares being purchased by the Subscriber does not exceed 10% of the greater of the Subscriber’s annual income or net worth (for natural persons), or 10% of the greater of Subscriber’s annual revenue or net assets at fiscal year-end (for non-natural persons).
