sophisticated person definition
sophisticated person means a person-
sophisticated person means any person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment.)
sophisticated person means any person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment.) _____ I am an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 and (i) investment decisions for such plan are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is a bank, savings and loan association, insurance company or registered investment advisor or (ii) such plan has total assets exceeding $5,000,000 or (iii) if a self directed plan, investment decisions are made solely by accredited investors. ______ I am an entity in which all of the equity owners are accredited investors. I am an accredited investor for the following reasons:
More Definitions of sophisticated person
sophisticated person means any person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment.) _________ an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974, as amended, and (i) investment decisions for such plan are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is a bank, savings and loan association, insurance company or registered investment adviser or (ii) such plan has total assets exceeding $5,000,000 or (iii) if a self directed plan, investment decisions are made solely by accredited investors. _________ an entity in which all of the equity owners are accredited investors. _________ a member of the Board of Directors or an executive officer of the Company. _________ a bank as defined in Section 3(a)(2) of the 1933 Act, or any savings and loan association or other institution as defined in Section 3(a)(5)(A) of the 1933 Act, whether acting in its individual or fiduciary capacity. _________ an insurance company as defined in Section 2(13) of the 1933 Act. _________ an investment company registered under the Investment Company Act of 1940, as amended (the “ICA”). _________ a business development company as defined in Section 2(a)(48) of the ICA. _________ a Small Business Investment Company licensed by the Small Business Administration under Section 301(c) of the Small Business Investment Act of 1958, as amended. _________ a private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940, as amended. _________ a plan which has total assets in excess of $5,000,000 and which is established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees. _________ a revocable trust which may be amended or revoked at any time by the grantors thereof, and all such grantors are Accredited Investors. _________ an Accredited Investor for the following reasons (describe reasons, if not previously provided):
sophisticated person means a person falling within any of the following classes of persons ⎯
sophisticated person means a person who has such knowledge and experience in financial and business matters that such person is capable of evaluating the merits and risks of the prospective investment.
sophisticated person means any person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment.) _____I am an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 and (i) investment decisions for such plan are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is a bank, savings and loan association, insurance company or registered investment advisor or (ii) such plan has total assets exceeding $5,000,000 or (iii) if a self-directed plan, investment decisions are made solely by accredited investors. ______I am an entity in which all of the equity owners are accredited investors. RTSL Subscription Agreement, $1.5 Million Updated 2020 10 22
sophisticated person is a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of a prospective investment. _______ Each grantor is an “accredited investor” and is considered an “equity owner” because the trust has the following characteristics: ● The trust is a grantor trust for federal income tax purposes and the grantor(s) is the sole funding source; AND ● The grantor would be taxed on all income of the trust and would be taxed on the sale of trust assets; AND ● The grantor(s) is the trustee with sole investment discretion; AND ● The entire amount of the grantor’s contribution plus a rate of return would be paid to the grantor prior to any other payments; AND ● The trust was established by the grantor for estate planning purposes; AND ● Creditors of the grantor(s) would be able to reach the grantor’s interest in the trust (under Rule 501(a)(8), C&DI Question 255.24, the H▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ no-action letter (Nov. 25, 1983), and the H▇▇▇▇▇▇, F▇▇▇▇▇▇▇▇ LLP no-action letter (Jan. 5, 2001)).
sophisticated person means a person falling within any of the following
sophisticated person shall have the meaning as set out in section 2(1) of the SIBA, being a person
(a) regulated by the Cayman Islands Monetary Authority;
(b) regulated by a recognised overseas regulatory authority;
(c) any of whose securities are listed on recognised securities exchange; or
(d) who –
(i) by virtue of knowledge and experience in financial and business matters is reasonably to be regarded as capable of evaluating the merits of a proposed transaction; and
(ii) participates in a transaction with a value or in monetary amounts of at least $80,000 or its equivalent in any other currency, in the case of each single transaction.