Common use of Subscriber’s eligibility for subscription Clause in Contracts

Subscriber’s eligibility for subscription. The Subscriber acknowledges that the Subscriber is purchasing the Units on a private basis and is either: (a) an eligible investor under the Subscriber’s domicile laws; or (b) is subscribing for a value in Units constituting an exempt investment under the laws of the Subscriber’s domicile; or (c) is subscribing pursuant to a qualifying offering memorandum and the terms thereof; or (d) is otherwise an eligible investor under the laws of the Subscriber’s domicile by virtue of the Subscriber’s wealth, income and investment knowledge and capacity. For the purposes of this Agreement it is hereby acknowledged and agreed that “Securities” is hereinafter collectively defined to mean the Units, the Shares, the Warrants and the Warrant Shares.