Investor Suitability. Selected Dealer will offer Shares only:
Investor Suitability. (a) The Securities subscribed for hereby are being acquired by the Investor for his, her or its own account and for investment purposes only and not with a view to any resale or distribution thereof, in whole or in part, to others, and the Investor is not participating, directly or indirectly, in a distribution of such Securities and will not take, or cause to be taken, any action that would cause the Investor to be deemed an “underwriter” of such Securities as defined in Section 2(11) of the Securities Act of 1933, as amended (the “Act”).
Investor Suitability. Broker-Dealer shall offer and sell the Notes only to investors who Broker-Dealer in good faith believes meet the suitability standards set forth in the Registration statement. Broker-Dealer shall use its reasonable efforts to ascertain the suitability of all prospective investors.
Investor Suitability. Selected Dealer will offer Shares in CCIF 2016 T and the additional Feeder Funds only:
Investor Suitability. The Purchaser understands and agrees that purchase of the Shares is a high risk investment and the Purchaser is able to afford an investment in a speculative venture having the risks and objectives of the Company and has adequate means of providing for Purchaser’s current financial needs and foreseeable contingencies and has no need for liquidity from its investment in the Shares for an indefinite period of time. The Purchaser must bear the substantial economic risks of the investment in the Shares indefinitely because none of the Shares may be sold, hypothecated or otherwise disposed of unless subsequently registered under the Securities Act and applicable state securities laws or an exemption from such registration is available. The investment is a suitable one for the Purchaser.
Investor Suitability. Selected Dealer hereby represents, warrants and covenants that no member of, or person associated with, Selected Dealer shall offer or sell Offered Shares in any jurisdiction except to investors who satisfy the investor suitability and minimum investment requirements under the most restrictive of the following: (i) applicable provisions of the Prospectus, (ii) the laws of the jurisdiction of which such investor is a resident, and (iii) FINRA rules and regulations and FINRA Rules 2111 and 2310, in particular. Specifically, Selected Dealer agrees to ensure that, in recommending the purchase or sale of the Offered Shares to an investor, each member of, or person associated with, Selected Dealer shall have reasonable grounds (as required by Rules 2310(b)(2)(B)(i) and 2111 of the FINRA Rules) to believe, on the basis of information obtained from the investor (and thereafter maintained in the manner and for the period provided in this Agreement and such FINRA Rules) concerning his or her age, investment objectives, investment experience, time horizon, liquidity needs, risk tolerance, other investments, financial situation and needs, and any other information known to such member of, or person associated with, Selected Dealer, after due inquiry that (A) the investor is or will be in a financial position appropriate to enable him or her to realize to a significant extent the benefits described in the Prospectus, including the tax benefits to the extent they are a significant aspect of the Company; (B) the investor has a fair market net worth sufficient to sustain the risks inherent in an investment in the Offered Shares in the amount proposed, including complete loss, and lack of liquidity, of such investment; (C) an investment in the Offered Shares is suitable in type and amount for such investor; and (D) such person has either: (1) a minimum annual gross income of $70,000 and a minimum net worth (exclusive of home, home furnishings and automobiles) of $70,000; or (2) a minimum net worth (determined with the foregoing exclusions) of $250,000 and meets the higher suitability standards, if applicable, imposed by the State in which the investor resides.
Investor Suitability. Buyer represents and warrants that it is an accredited investor as defined in Rule 501 under the Securities Act of 1933, as amended, and has the capacity to evaluate the merits and risks of an investment in the Company Shares and is able to bear the economic risk of this investment. Buyer acknowledges that it has been provided access to all information requested by it in order to evaluate the merits and risks of an investment in the Company Shares.
Investor Suitability. The Subscriber understands that an investment in the Membership Interests is suitable only for persons of substantial financial means who can afford not only the purchase price of the Membership Interests, but also unlimited future assessments and the possibility of a complete loss of their investment in the Membership Interests. Accordingly, the Subscriber represents and warrants that the Subscriber is an "accredited investor" as defined in Rule 501 of Regulation D under the Securities Act of 1933, as evidenced by the Subscriber's completion of the Accredited Investor Declaration attached hereto as Exhibit A, and that the Subscriber has the objective of making a long-term investment in the exclusive use program for the Sardy House property and is prepared to forego the use of the invested funds for an indefinite period of time. In addition, to facilitate a determination by the Underwriter that there are reasonable grounds for believing that the purchase of the Membership Interests hereunder is suitable for the Subscriber, the Subscriber represents and warrants that the information furnished by the Subscriber about the Subscriber's investment objectives, investment experience, income, net worth, financial situation, other investments, and other relevant information through completion of the Confidential Investor Questionnaire form attached hereto as Exhibit B is accurate and complete in all material respects.
Investor Suitability. MIT shall only introduce investors that MIT believes (in good faith and based on reasonable diligence conducted by MIT) comply with the Company’s investor suitability requirements. MIT shall notify the Company if it acquires knowledge that any introduced investor fails to meet such suitability requirements.
Investor Suitability. Each Purchaser is purchasing the Preferred Shares and Warrants to be purchased by it for its own account, for investment purposes and not with a present view to any distribution thereof in violation of any applicable securities laws. It is understood that the disposition of each Purchaser's property shall at all times be within each Purchaser's control. If the Purchasers should in the future decide to dispose of any of their Preferred Shares, Warrants or Warrant Shares, it is understood that they may do so but only in compliance with the Securities Act and applicable securities laws. Each Purchaser is as of the date hereof and will be as of the Closing Date an "accredited investor" as defined in Rule 501(a) under the Securities Act.
