Common use of Required Representations by Parties Clause in Contracts

Required Representations by Parties. The transferor and transferee(s) shall provide such additional written representations as the Company reasonably may request, including, but not limited to, representations that the transferee(s) are (i) “accredited investors” (i.e., persons whose net worth, as determined under Rule 501(a)(5) of Regulation D under the Securities Act, held either individually or jointly with a spouse, is over $1,000,000) and (ii) “U.S. Persons,” as defined in Regulation S under the Securities Act and as defined under the Code.