Common use of Purchaser’s Status Clause in Contracts

Purchaser’s Status. At the time each of the Purchasers was offered the Preferred Shares and/or the Warrants, it was, and at the date hereof, it is, and at the Closing Date, it will be, an "accredited investor" as defined in Rule 501(a) under the Securities Act.

Appears in 3 contracts

Sources: Series a Preferred Stock Purchase Agreement (Return Assured Inc), Series a Preferred Stock Purchase Agreement (Hertz Technology Group Inc), Series a Preferred Stock Purchase Agreement (Hertz Technology Group Inc)

Purchaser’s Status. At the time each of the Purchasers was offered the Preferred Shares Debentures and/or the Warrants, it was, and at the date hereof, it is, and at the Closing Date, it will be, an "accredited investor" as defined in Rule 501(a) under the Securities Act.

Appears in 3 contracts

Sources: Convertible Debenture Purchase Agreement (Surgilight Inc), Convertible Debenture Purchase Agreement (Invu Inc), Convertible Debenture Purchase Agreement (Surgilight Inc)

Purchaser’s Status. At the time each of the Purchasers was offered the Preferred Shares Debentures and/or the Warrants, it was, and at the date hereof, it is, and at the Closing Date, it will be, an "accredited investor" as defined in Rule 501(a501 (a) under the Securities Act.

Appears in 1 contract

Sources: Convertible Debenture Purchase Agreement (International Fuel Technology Inc)