Examples of Prohibited Investor in a sentence
The Investor agrees and acknowledges that the Fund prohibits any investment by a Prohibited Investor or on behalf of a Prohibited Investor.
Agrees that if the Fund believes that Subscriber or a Beneficial Owner of Subscriber is a Prohibited Investor, the Fund may be obligated to freeze Subscriber’s investment, decline to make distributions to Subscriber, or segregate the assets constituting Subscriber’s investment in the Fund in accordance with or pursuant to applicable law.
If, after a Customer opens an account, KGIL reasonably believes that the Customer is a Prohibited Investor or has otherwise breached its representations and covenants (hereunder/as to its identity), KGIL may be obligated to freeze Customer's account, by any or all of the following means: (i) prohibiting additional investments into the account; (ii) declining any redemption requests and/or (iii) segregating the assets constituting the investment in accordance with applicable regulations.
Agrees that if the Fund believes that Subscriber or a Beneficial Owner of Subscriber is a Prohibited Investor, the Fund may be obligated to freeze Subscriber's investment, decline to make distributions to Subscriber, or segregate the assets constituting Subscriber's investment in the Fund in accordance with or pursuant to applicable law.