Category D. The undersigned is a bank; a savings and loan association; insurance company; registered investment company; registered business development company; licensed small business investment company; or employee benefit plan within the meaning of Title 1 of ERISA and (a) the investment decision is made by a plan fiduciary which is either a bank, savings and loan association, insurance company or registered investment advisor, or (b) the plan has total assets in excess of $5,000,000 or is a self directed plan with investment decisions made solely by persons that are accredited investors. Category E ___ The undersigned is a private business development company as defined in section 202(a)(22) of the Investment Advisors Act of 1940.
Appears in 3 contracts
Sources: Debt Conversion Agreement (Golden Properties Ltd.), Debt Conversion Agreement (Abtech Holdings, Inc.), Debt Conversion Agreement (Abtech Holdings, Inc.)