Eligible Investors. Each potential investor must represent and warrant to the Company that, amongst other things, such investor is an Expert Investor who is able to acquire Cell Shares without violating applicable Laws or the laws of the country of residence (if different) or if a body corporate the laws of the jurisdiction in which it is incorporated or established of such investor. The Company will not knowingly offer or sell Cell Shares to any potential investor to whom such offer or sale would be unlawful, or to any potential investor who, by investing in the Company, would commit a breach of the laws relating to the prevention of money laundering in his jurisdiction of such investor or in Mauritius. Pursuant to the Laws relating to the prevention of money laundering, the Company must ascertain the identity of the potential investor by requiring documents as listed in the “Application Documents”. If the said Application Documents have been channelled through a regulated financial intermediary or Broker, that person shall properly certify the identity as well as the proof of address of the applicant by completing an Eligible Introducer Certificate or in any other manner prescribed by Laws. Such information shall be collected for compliance reasons only and shall not be disclosed to unauthorized persons. In case of refusal by a potential investor to provide the documents required, the application for subscription will not be accepted unless the potential investor has good reasons and produces any such other documentation that will satisfy the customer due diligence standards of the Company. The Company shall not be bound to register more than four persons as joint holders of any Share. Shares may be transferred to persons under the age of 18.
Appears in 6 contracts
Samples: pimcapital.mu, pimcapital.mu, pimcapital.mu
