Qualified Client Sample Clauses
The Qualified Client clause defines the criteria that a client must meet to be considered a 'qualified client' under the agreement, typically referencing specific financial thresholds or regulatory standards. In practice, this clause may require clients to have a certain net worth, assets under management, or investment experience, ensuring they are financially sophisticated and capable of bearing investment risks. Its core function is to comply with legal requirements and to protect both parties by ensuring that only clients who meet established standards are eligible for particular investment opportunities or fee arrangements.
Qualified Client. 2.1. Client will only be given access to Consumer information once the following criteria has been verified:
2.1.1. Address
Qualified Client. (Please indicate whether the following representation is applicable by checking the appropriate box.)
Qualified Client a client, who registers through the Affiliate Link, completes the Company’s registration procedure, providing accurate infomation , is approved by the Company following the introduction by the Affiliate. Services: relate to the services to be offered by an Affiliate as outlined in Section 4 of the Agreement Trading Platform: any online trading platform made available to the client by the Company for placing orders, requesting quotes for trades, receiving price information and market related news as well as having a real-time revaluation of the open positions, through the Internet
Qualified Client. 2.1. Client will only be given access to Consumer information once the following criteria has been verified:
2.1.1. Address
2.1.2. Main telephone number
2.1.3. Copy of business license or organization paper received with “filed” stamped by appropriate government agency
2.1.4. Business reference (if applicable)
2.1.5. The client has signed the client service agreement by an authorized representative
2.1.6. On-Site Visual Inspection Method (if applicable) - On-Site visual inspection of client’s premises is to insure the client is a valid business and it has a true business identity
Qualified Client. (i) As of the Initial Closing Date, the Investor (A) has a net worth that exceeds $2,100,000 or (B) is a “qualified purchaser” as defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended (the “1940 Act”), and has fully completed Annex C hereto. If the Investor is an entity that would be classified as an “investment company” under Section 3(a) of the 1940 Act but for the Investor’s reliance on the exclusion from the definition of “investment company” contained in Section 3(c)(1) of the 1940 Act (a “Private Investment Company”), each of the Investor’s equity owners is (x) either an entity (other than a Private Investment Company or an entity described in clause (ii) below) or a natural person with, in each case, a net worth in excess of $2,100,000 or (y) a “qualified purchaser” as defined in Section 2(a)(51) of the 1940 Act. (Instructions to the Investor: For purposes of calculating a natural person’s net worth, include assets held jointly with such person’s spouse but (A) do not include such person’s primary residence as an asset and (B) do not include debt secured by such person’s primary residence as a liability; provided, however, that such person’s net worth must be reduced by (C) any debt secured by his or her primary residence that is in excess of the estimated fair market value of such primary residence as of the Initial Closing Date and (D) any debt secured by his or her primary residence that is in excess of the amount of any such debt that was outstanding 60 days prior to the Initial Closing Date, other than as a result of the initial acquisition of such primary residence.)
Qualified Client. (Please check all applicable statements.)
(a) Undersigned is a natural person whose net worth (together with assets held jointly with a spouse) exceeds $1,500,000.
(b) Undersigned is an entity whose ultimate equity owners each, individually, has a net worth (together with assets held jointly with a spouse) of more than $1,500,000.
Qualified Client. For Individuals
1. has an individual net worth (determined by subtracting total liabilities from total assets; but excluding the net value of the Investor’s primary residence)1 or joint net worth with the Investor’s spouse, in excess of $2,000,000.
2. if admitted as a member to the Fund, will have an aggregate of at least $1,000,000 of assets under management by ▇▇▇▇▇ Advisors LLC, the Investment Advisor of the Fund, including any capital contributions made to the Fund prior to the date hereof. 1 For purposes of determining the net value of the Investor’s primary residence, indebtedness secured by the Investor’s primary residence (i) within sixty (60) days of the date of the Investor’s execution of this Prospective Investor Questionnaire, and/or (ii) in excess of the property’s estimated fair market value must be treated as a liability in the net worth calculation.
1. The Investor
2. Authorized Individual Who is Executing This Questionnaire on Behalf of the Investor
3. Primary Contact Person
Qualified Client a client, who registers through the Affiliate Link, completes the Company’s registration procedure, is approved by the Company following the introduction by the Affiliate
Qualified Client. For Entities
1. has net assets in excess of $2,000,000;
2. if admitted as a member to the Fund, will have an aggregate of at least $1,000,000 of assets under management by ▇▇▇▇▇ Advisors LLC, the Investment Advisor of the Fund, including any capital contributions made to the Fund prior to the date hereof.
Qualified Client. (Please indicate whether the following representation is applicable by checking the appropriate box.) The Subscriber is a company3 that is not (i) a private investment company excepted from registration by Section 3(c)(1) of the Investment Company Act, (ii) an investment company4 registered under the Investment Company Act; or (iii) a business development company (as defined in Section 202(a)(22) of the Advisers Act) (each, a “Look-Through Entity”) and satisfies one or both of the following criteria: (a) will have at least $1,100,000 under the management of the Investment Manager; and/or (b) has a net worth of more than $2,200,000. (Please check one) ☐ Yes ☐ No
