Common use of For Individual Subscribers Clause in Contracts

For Individual Subscribers. _______a. The Subscriber represents that he has an individual net worth, or together with his spouse a combined net worth in excess of $1,000,000. For purposes of this representation, "net worth" means the excess of total assets at fair market value, including home*, home furnishings and automobiles, over total liabilities. _______b. The Subscriber represents that he had an individual income of more than $200,000 in each of the last two calendar years or joint income with his spouse in excess of $300,000 in each of those years and reasonably expects to reach the same income level in the current calendar year.

For Individual Subscribers. _______a. The Subscriber represents that he has an individual net worth, or together with his spouse a combined net worth in excess of $1,000,000. For purposes of this representation, "net worth" means the excess of total assets at fair market value, including home** , home furnishings and automobiles, over total liabilities. _______. b. The Subscriber represents that he had an individual income of more than $200,000 in each of the last two calendar years or joint income with his spouse in excess of $300,000 in each of those years and reasonably expects to reach the same income level in the current calendar year.