Common use of Investment Limits Clause in Contracts

Investment Limits. Subscriber represents that either: (i) Either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 10 contracts

Sources: Subscription Agreement, Subscription Agreement, Subscription Agreement

Investment Limits. Subscriber represents that either: (i) i. Either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) . Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 10 contracts

Sources: Subscription Agreement (Consumer Cooperative Group Inc), Subscription Agreement (Consumer Cooperative Group Inc), Subscription Agreement

Investment Limits. Subscriber represents that either: (i) Either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 4 contracts

Sources: Convertible Note Subscription Agreement, Subscription Agreement, Subscription Agreement

Investment Limits. Subscriber represents that either: (i) i. Either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Offering Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) . Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Offering Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, worth and does not exceed $107,000.

Appears in 2 contracts

Sources: Offering Agreement, Offering Agreement

Investment Limits. Subscriber represents that eitherthat: (i) Either of Subscriber’s net worth or annual income is less than $107,000, 107,000 and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 2 contracts

Sources: Subscription Agreement, Subscription Agreement

Investment Limits. Subscriber represents that eitherthat: (i) Either i. either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) Both . both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 1 contract

Sources: Stock Subscription Agreement

Investment Limits. Subscriber represents that either: (i) i. Either of Subscriber’s net worth or annual income is less than $107,000124,000, and that the amount it is investing pursuant to this Subscription Offering Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(A) 5% of the lower of its annual income or net worth, or (B) $2,2002,500; or (ii) . Both of Subscriber’s net worth and annual income are more than $107,000124,000, and that the amount it is investing pursuant to this Subscription Offering Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, worth and does not exceed $107,000124,000.

Appears in 1 contract

Sources: Offering Agreement

Investment Limits. Subscriber represents that either: (i) i. Either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) . Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 1 contract

Sources: Subscription Agreement

Investment Limits. Subscriber represents that eitherthat: (i) Either of Subscriber’s net worth or annual income is less than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,200; or (ii) Both of Subscriber’s net worth and annual income are more than $107,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000.

Appears in 1 contract

Sources: Subscription Agreement

Investment Limits. Subscriber represents that either: (i) i. Either of Subscriber’s net worth or annual income is less than $107,000124,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,2002,500; or (ii) . Both of Subscriber’s net worth and annual income are more than $107,000124,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000124,000.

Appears in 1 contract

Sources: Subscription Agreement

Investment Limits. Subscriber represents that either: (i) Either of Subscriber’s net worth or annual income is less than $107,000124,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is either less than(Athan (A) 5% of the lower of its annual income or net worth, or (B) $2,2002,500; or (ii) Both of Subscriber’s net worth and annual income are more than $107,000124,000, and that the amount it is investing pursuant to this Subscription Agreement, together with all other amounts invested in offerings under Section 4(a)(6) of the Securities Act within the previous 12 months, is less than 10% of the lower of its annual income or net worth, and does not exceed $107,000124,000.

Appears in 1 contract

Sources: Convertible Note Subscription Agreement