Accredited Sample Clauses

The 'Accredited' clause defines the criteria or status required for a party, individual, or entity to be recognized as meeting certain established standards, often set by regulatory bodies or industry organizations. In practice, this clause may specify that only accredited investors, institutions, or professionals can participate in certain transactions or access specific information, ensuring compliance with legal or industry requirements. Its core function is to ensure that only qualified parties are involved, thereby managing risk and maintaining regulatory compliance.
POPULAR SAMPLE Copied 1 times
Accredited. Buyer is an accredited investor as defined by Rule 215 of the Securities Act of 1933.
Accredited. The course must be taken at an accredited college or university.
Accredited. Such Buyer is or will be an accredited investor as defined in Regulation D under The Securities Act of 1933, as amended (the "Securities Act").
Accredited. This Supplement has been prepared by the Manager solely for the benefit of persons interested in the proposed sale of the Interests, and any reproduction of this Supplement, in whole or in part, or the divulgence of any of its contents, without the prior written consent of the Manager, is prohibited. This Supplement must be read in conjunction with Memorandum, the limited liability company operating agreement of the Company and the separate designation agreement establishing Fund 1 - Accredited (the “Series 1 Designation”), each as amended, restated, supplemented or otherwise modified from time to time, and the other agreements and documents referred to in this Supplement and the Memorandum. Mammoth Private Capital, LLC This supplement (the “Supplement”) describes the terms of Mammoth Private Capital, LLC – Health and Tech Fund Series 1 (d/b/a Mammoth Health and Tech Fund 1 – Accredited) (“Fund 1 - Accredited”), a segregated series of Mammoth Private Capital, LLC, a Delaware limited liability company organized in multiple segregated series (the “Company”), and the offering of membership interests in Fund 1 - Accredited (the “Interests”). This Supplement supplements the confidential private placement memorandum of the Company, dated April 16, 2021 (as amended or supplemented from time to time, the “Memorandum”). This Supplement provides information of relevance to prospective investors contemplating subscribing for Interests. The Memorandum and this Supplement should be reviewed carefully by any investor intending to subscribe for an Interest. All capitalized terms not otherwise defined herein shall have the meanings set forth in the Memorandum. Fund 1- Accredited was organized for the purpose of long-term capital appreciation and to pursue a venture capital strategy by investing in early- to mid-stage health science companies and technology companies.
Accredited. Such GSL Shareholder is an “accredited investor” as that term is defined in Rule 501 of Regulation D, as promulgated under the Securities Act of 1933.
Accredited. The institution must be accredited by the regional association for the accreditation of colleges and secondary schools, as listed below: • Middle States Association of Schools and Colleges • New England Association of Schools and Colleges • North Central Association of Schools and Colleges • Northwest Commission on Colleges and Universities • Southern Association of Colleges and Schools • Western Association of Schools and Colleges
Accredited. The Purchaser makes one or more of the following representations as an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act AND HAS INITALED THE APPLICABLE REPRESENTATION. The Purchaser’s qualification is based on the following (each “accredited investor” must initial Item 1 and/or Item 2, as appropriate): GR 1. The undersigned had an individual income (exclusive of the income of his spouse) in excess of $200,000 for each of the two most recent years, or joint income with his spouse in excess of $300,000 in each of those years, and reasonably expects the same income level for the current year; or GR 2. As of the date of this Subscription Agreement, the undersigned (either individually or with his spouse) has a net worth in excess of $1,000,000, exclusive of his primary residence.
Accredited. The Shareholder represents that he is an accredited investor as that term is defined under Regulation D promulgated by the Securities and Exchange Commission.
Accredited. The Investor is an "accredited investor" within the meaning of SEC Rule 501 of Regulation D, as presently in effect.
Accredited. The validity period for accreditation is maximum 3 years subject to terms and conditions.