Common use of Lender Status Clause in Contracts

Lender Status. At the time such Lender was offered the Note and Warrant, it was, and at the date hereof it is, an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) 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 2 contracts

Samples: Senior Secured Note Purchase Agreement (Vendingdata Corp), Senior Secured Note Purchase Agreement (Vendingdata Corp)

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Lender Status. At the time such Lender was offered the its ------------- Note and its Warrant, it was, and at the date hereof hereof, it is, an "accredited investor" as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8501(a) under the Securities Act. Such Lender is not required to be a registered as a broker-dealer under Section 15 of the Exchange Act.

Appears in 2 contracts

Samples: Loan and Warrant Agreement (Zoltek Companies Inc), Loan and Warrant Agreement (Zoltek Companies Inc)

Lender Status. At the time such Lender was offered the Note and WarrantNotes, it was, and at as of the date hereof it is, it will be (i) an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) 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 (Synergy Pharmaceuticals, Inc.)

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Lender Status. At the time such each Lender was offered the its ------------- Note and its Warrant, it was, and at the date hereof of each Closing will be, it is, an "accredited investor" as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8501(a) under the Securities Act. Such Lender is not required to be a registered as a broker-dealer under Section 15 of the Exchange Act.

Appears in 1 contract

Samples: Loan and Warrant Agreement (Zoltek Companies Inc)

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