Common use of For Entities Clause in Contracts

For Entities. An entity, including a grantor trust, in which all of the equity owners are accredited investors (for this purpose, a beneficiary of a trust is not an equity owner, but the grantor of a grantor trust may be an equity owner).

For Entities. An entity, including a grantor trust, in which all of the equity owners are accredited investors (for this purpose, a beneficiary of or a trust is not an equity owner, but the grantor of a grantor trust may be is an equity owner).