Common use of Investor Status; Etc Clause in Contracts

Investor Status; Etc. The Purchasers certify and represent to the Issuers that (i) they are each an “accredited investor” as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated under the Securities Act and were not organized for the purpose of acquiring any of the Securities. The Purchasers have adequate means of providing for their current needs and personal contingencies, have no need now, and anticipate no need in the foreseeable future, to sell the Securities, and currently have sufficient net worth and financial liquidity to afford a complete loss of their investment in the Issuers and SkyTerra. The Purchasers have such knowledge and experience in financial and business matters so that the Purchasers are capable of evaluating the merits and risks of an investment in the Issuers and SkyTerra and have made such evaluation. The Purchasers fully understand that the Securities are speculative investments which involve a high degree of risk of loss of the Purchasers’ entire investment. No Person or entity, other than the Issuers or their authorized representatives, have offered the Securities to the Purchasers. The Purchasers are able to bear the economic risk of an investment in the Securities.

Investor Status; Etc. The Purchasers certify and represent to the Issuers that (i) they are each an “accredited investor” as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated under the Securities Act and were not organized for the purpose of acquiring any of the Securities. The Purchasers have adequate means of providing for their current needs and personal contingencies, have no need now, and anticipate no need in the foreseeable future, to sell the Securities, and currently have sufficient net worth and financial liquidity to afford a complete loss of their investment in the Issuers and SkyTerraIssuers. The Purchasers have such knowledge and experience in financial and business matters so that the Purchasers are capable of evaluating the merits and risks of an investment in the Issuers and SkyTerra and have made such evaluation. The Purchasers fully understand that the Securities are speculative investments which involve a high degree of risk of loss of the Purchasers’ entire investment. No Person person or entity, other than the Issuers or their authorized representatives, have offered the Securities to the Purchasers. The Purchasers are able to bear the economic risk of an investment in the Securities.

Investor Status; Etc. The Purchasers certify and represent to the Issuers that (i) they are each an “"accredited investor” " as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated under the Securities Act and were not organized for the purpose of acquiring any of the Securities. The Purchasers have adequate means of providing for their current needs and personal contingencies, have no need now, and anticipate no need in the foreseeable future, to sell the Securities, and currently have sufficient net worth and financial liquidity to afford a complete loss of their investment in the Issuers and SkyTerraIssuers. The Purchasers have such knowledge and experience in financial and business matters so that the Purchasers are capable of evaluating the merits and risks of an investment in the Issuers and SkyTerra and have made such evaluation. The Purchasers fully understand that the Securities are speculative investments which involve a high degree of risk of loss of the Purchasers’ ' entire investment. No Person person or entity, other than the Issuers or their authorized representatives, have offered the Securities to the Purchasers. The Purchasers are able to bear the economic risk of an investment in the Securities.

Investor Status; Etc. The Purchasers certify and represent to the Issuers that (i) they are each an “"accredited investor” " as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated under the Securities Act and were not organized for the purpose of acquiring any of the Securities. The Purchasers have adequate means of providing for their current needs and personal contingencies, have no need now, and anticipate no need in the foreseeable future, to sell the Securities, and currently have sufficient net worth and financial liquidity to afford a complete loss of their investment in the Issuers and SkyTerra. The Purchasers have such knowledge and experience in financial and business matters so that the Purchasers are capable of evaluating the merits and risks of an investment in the Issuers and SkyTerra and have made such evaluation. The Purchasers fully understand that the Securities are speculative investments which involve a high degree of risk of loss of the Purchasers’ ' entire investment. No Person or entity, other than the Issuers or their authorized representatives, have offered the Securities to the Purchasers. The Purchasers are able to bear the economic risk of an investment in the Securities.