Sophistication. Purchaser is, as of the date hereof and shall be as of the Effective Date, an “accredited investor” within the meaning of Rule 501(a) under the Securities Act. Purchaser understands and is able to bear any economic risks associated with such investment (including, without limitation, the necessity of holding such Shares and GGO Shares for an indefinite period of time).
Appears in 16 contracts
Samples: Escrow Agreement (General Growth Properties Inc), Stock Purchase Agreement, Cornerstone Investment Agreement
Sophistication. Purchaser is, as of the date hereof and shall be as of the Effective Date, an “accredited investor” within the meaning of Rule 501(a) under the Securities Act. Purchaser understands and is able to bear any economic risks associated with such investment the investments contemplated by this Agreement (including, without limitation, the necessity of holding such Shares and GGO the Shares for an indefinite period of time).
Appears in 1 contract
Samples: Stock Purchase Agreement (General Growth Properties Inc)
