Common use of Suitability Standards Clause in Contracts

Suitability Standards. You cannot invest in Advanced BioEnergy unless you meet one, or more, of the following suitability tests (a or b) set forth below. Please review the suitability tests and check the box(es) next to the following suitability test that you meet. For husbands and wives purchasing jointly, the tests below will be applied on a joint basis. a. o (We) have annual income from whatever source of at least $45,000 and a net worth of at least $45,000, exclusive of home, furnishings and automobiles; or b. o I (We) have a net worth of at least $100,000, exclusive of home, furnishings and automobiles.

Appears in 3 contracts

Sources: Subscription Agreement (Advanced BioEnergy, LLC), Subscription Agreement (Advanced BioEnergy, LLC), Subscription Agreement (Advanced BioEnergy, LLC)

Suitability Standards. You cannot invest in Advanced BioEnergy unless you meet one, or more, of the following suitability tests (a a, or b) set forth below. Please review the suitability tests and check the box(es) next to the following suitability test that you meet. For husbands and wives purchasing jointly, the tests below will be applied on a joint basis. . a. o I (We) have annual income from whatever source of at least $45,000 and a net worth of at least $45,000, exclusive of home, furnishings and automobiles; or or b. o I (We) have a net worth of at least $100,000, exclusive of home, furnishings and automobiles.

Appears in 1 contract

Sources: Subscription Agreement (Advanced BioEnergy, LLC)