Common use of Purchaser’s Status Clause in Contracts

Purchaser’s Status. At the time such Purchaser was offered the Shares, it was, and at the date hereof it is, an “accredited investor” as defined in Rule 501(a) under the Securities Act.

Purchaser’s Status. At the time such Purchaser was offered the SharesSecurities, it was, and at as of the date hereof they are, and on each date on which it is, exercises any Warrants or converts any Debentures it will be an “accredited investor” as defined in Rule 501(a501(a)(1) under the Securities Act.