Lender Status. At the time such Lender was offered the Securities, it was, and as of the date hereof it is, and on each date on which it exercises any Warrants it will be either: (i) an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “qualified institutional buyer” as defined in Rule 144A(a) under the Securities Act. Such Lender is not required to be registered as a broker-dealer under Section 15 of the Exchange Act.
Appears in 6 contracts
Samples: Loan Agreement (Enlightened Gourmet, Inc.), Loan Agreement (Enlightened Gourmet, Inc.), Loan Agreement (Enlightened Gourmet, Inc.)
Lender Status. At the time such the Lender was offered the Securities, it was, and as of at the date hereof it is, and on each date on which it exercises any Warrants it will be either: (i) an “"accredited investor” " as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “"qualified institutional buyer” " as defined in Rule 144A(a) under the Securities Act. Such The Lender is not required to be registered as a broker-dealer under Section 15 of the Exchange Act.
Appears in 1 contract
Samples: First Senior Secured Convertible Loan Agreement (Navstar Media Holdings, Inc.)
Lender Status. At the time such Lender was offered the Securities, it was, and as of the date hereof it is, and on each date on which it exercises any Warrants Warrants, it will be either: (i) an “"accredited investor” " as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “"qualified institutional buyer” " as defined in Rule 144A(a) under the Securities Act. Such Lender is not required to be registered as a broker-dealer under Section 15 of the Exchange Act.
Appears in 1 contract
Samples: Loan Agreement (Metalink LTD)
