Limits on How Much Non-Accredited Investors Can Invest Sample Clauses

Limits on How Much Non-Accredited Investors Can Invest. As discussed in the Offering Circular, if you are not an “accredited” investor the amount you can invest is limited by law, based on your income and net worth. You told us your income and net worth at the Site, which we used to calculate your original Shares, but if you elect to acquire additional shares of Series A Preferred Stock under either our Periodic Investment Plan or Distribution Reinvestment Plan, it’s important that you notify us of any change in your income net worth, so we can apply the rules properly. For more information, please refer to the section of the Offering Circular titled “Limits On How Much Non-Accredited Investors Can Invest.”
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Limits on How Much Non-Accredited Investors Can Invest. The Company is initially issuing Shares to Participants as part of its Regulation A+ Offering, qualified under an Offering Statement on Form 1-A POS dated May 3, 2021, as filed with the SEC on the same date and as may be amended or supplemented (the “Reg A Offering”). Under the terms of SEC Reg A+, the number of shares that can be purchased by a Participant that is not an “accredited” investor (as defined in SEC Rule 501) is limited based on that Participant’s income and net worth. Where participation in the DRIP may cause a non- accredited investor to exceed his/her/its purchase limits under Reg A+, the Company may terminate that shareholder’s participation in the DRIP.
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Limits on How Much Non-Accredited Investors Can Invest. The Company is initially issuing Shares to Participants as part of its Reg A+ Offering. Under the terms of SEC Reg A+, the number of shares that can be purchased by a Participant that is not an “accredited” investor (as defined in SEC Rule 501) is limited based on that Participant’s income and net worth. Where participation in the DRIP may cause an unaccredited investor to exceed his/her/its purchase limits under Reg A+, the Company may terminate that shareholder’s participation in the DRIP.
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Related to Limits on How Much Non-Accredited Investors Can Invest

  • Investment Intent; Accredited Investor The Investor is purchasing the Note and the Warrant for its own account, for investment purposes, and not with a view towards distribution. The Investor is an “accredited investor” as such term is defined in Rule 501(a) of Regulation D of the 1933 Act. The Investor has, by reason of its business and financial experience, such knowledge, sophistication and experience in financial and business matters and in making investment decisions of this type that it is capable of (a) evaluating the merits and risks of an investment in the Note, the Warrant and the Investor Shares and making an informed investment decision, (b) protecting its own interests and (c) bearing the economic risk of such investment for an indefinite period of time.

  • Accredited Investor Status or Investment Limits Subscriber represents that either:

  • Accredited Investors The Optionee is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

  • Accredited Investor Status The Buyer is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D (an “Accredited Investor”).

  • Investment Company Act; Xxxxxxx Rule The Borrower (i) is not, and is not controlled by, an “investment company” registered or required to be registered under the Investment Company Act and (ii) is not a “covered fund” under the Xxxxxxx Rule. In determining that the Borrower is not a “covered fund” under the Xxxxxxx Rule, the Borrower relies on, and is entitled to rely on, the exemption from the definition of “investment company” set forth in Section 3(c)(5) of the Investment Company Act.

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