Common use of Holder Status Clause in Contracts

Holder Status. At the time such Holder was offered the New Warrants, it was, and as of the date hereof it is, and on each date on which it exercises any New Warrants, it will be either: (i) an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “qualified institutional buyer” as defined in Rule 144A(a) under the Securities Act.

Appears in 3 contracts

Samples: Warrant Exercise Agreement (Brainstorm Cell Therapeutics Inc.), Warrant Exercise Agreement (Brainstorm Cell Therapeutics Inc.), Warrant Exercise Agreement (Brainstorm Cell Therapeutics Inc.)

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Holder Status. At the time such Holder was offered the New Additional Warrants, it was, and as of the date hereof it is, and on each date on which it exercises any New WarrantsAdditional Warrant, it will be eitherrepresent and warrant that it is: (i) an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “qualified institutional buyer” as defined in Rule 144A(a) under the Securities Act.

Appears in 2 contracts

Samples: Warrant Exercise Agreement (Reed's, Inc.), Warrant Exercise Agreement (Reed's, Inc.)

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