High Net Worth Investors definition

High Net Worth Investors referred to above means:

High Net Worth Investors has the meaning given to it in the SEC Rules;

High Net Worth Investors means an investor with comprehensive knowledge or experience, and complete qualifications in, finance, as provided in the following table:

Examples of High Net Worth Investors in a sentence

• The Bonds may only be transferred to the following types of Institutional Investors or High Net Worth Investors as defined in the Notification of the SEC No. KorJor.

• The offering of the Bonds is an offering of which the full amount of the Bonds is offered only to Institutional Investors and High Net Worth Investors.

• The Lead Arranger will allocate the Bonds to subscribers who are qualified as Institutional Investors or High Net Worth Investors only.

• Limited Exposure to Private Equity• High Net Worth Investors (“HNWI”) and smaller institutional investors tend to be under-allocated to the Private Equity asset class when compared to larger institutional portfolios.

• Table 1: Frequency of Income Sources in Sample Household Income sourceFrequencyPercent household incomeFishing84%38%Farming81%18%Small Animal Husbandry88%-Government Benefits60%31%Cattle ranching45%3%Salaries16%10% Source: Almeida 2004.

• The Bonds may only be transferred to the following types of Institutional Investors or High Net Worth Investors as defined in the Notification No. KorChor.

• While, the High Net Worth Investors who wish to subscribe for the Bonds will have to represent to the Joint Lead Arrangers that they can get access and examine information necessary for making decision to invest in the Bonds by themselves and they agree and accept that an allocation of Bonds may not be made on a fair allocation basis.

• Bondholders thus will not be able to sell or transfer the Bonds to any person other than those qualified as the Institutional Investors or High Net Worth Investors referred to above.

• This combination is supported by a $704 million PIPE investment pool, led by strategic partners Markel and State Farm and strong participation from a number of other top tier institutional and High Net Worth Investors.

• Nevertheless, we still continue to focus on High Net Worth Investors and NRI clients for this segment.

More Definitions of High Net Worth Investors

High Net Worth Investors means investors who are not Institutional Investors and have the following characteristics:

High Net Worth Investors referred to above means investors who have full knowledge and experience in (1) and qualifications of financial status in (2) or (3) as follows:

High Net Worth Investors as defined in clause 3(2)(a) or clause 3(2)(c) of the Notification of the Securities and Exchange Commission No. KorChor. 5/2552 re: Determination of Definitions in Notifications relating to Issuance and Offer for Sale of Debt Securities dated 13 March 2009 (as may be amended, supplemented or replaced) and in accordance with the categories and characteristics as defined in clause 5 or clause 7 of the Notification of the Securities and Exchange Commission No. KorChor. 39/2564 re: Determination of the Definitions of Institutional Investors, Ultra-high Net Worth Investors and High Net Worth Investors dated 24 December 2021 (as may be amended, supplemented or replaced) (the “Qualified Investors”), and the Issuer has registered a transfer restriction with the SEC Office to limit any transfer of the Bonds to be within the group of Qualified Investors, as required under the applicable laws and regulations.