Document ID: 12359

Text:
(c)Purchaser Status. At the time such Purchaser was offered the Securities, it was, and as of the date hereof it is, and on each date on which it converts a Note or exercises any Warrants, it will be either: (i) an accredited investor as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a qualified institutional buyer as defined in Rule 144A(a) under the Securities Act. Such Purchaser is not required to be registered as a broker-dealer under Section 15 of the Exchange Act. Such Purchaser has the authority and is duly and legally qualified to purchase and own the Securities. Such Purchaser is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof.

Named Entities:
57
58
Regulation
95
96
Act
108
109
Regulation
134
135
Act

Tokenized Text:
(
c
)
Purchaser
Status
.
At
the
time
such
Purchaser
was
offered
the
Securities
,
it
was
,
and
as
of
the
date
hereof
it
is
,
and
on
each
date
on
which
it
converts
a
Note
or
exercises
any
Warrants
,
it
will
be
either
:
(
i
)
an
accredited
investor
as
defined
in
Rule
501
(
a
)
(
1
)
,
(
a
)
(
2
)
,
(
a
)
(
3
)
,
(
a
)
(
7
)
or
(
a
)
(
8
)
under
the
Securities
Act
or
(
ii
)
a
qualified
institutional
buyer
as
defined
in
Rule
144A
(
a
)
under
the
Securities
Act
.
Such
Purchaser
is
not
required
to
be
registered
as
a
broker-dealer
under
Section
15
of
the
Exchange
Act
.
Such
Purchaser
has
the
authority
and
is
duly
and
legally
qualified
to
purchase
and
own
the
Securities
.
Such
Purchaser
is
able
to
bear
the
risk
of
such
investment
for
an
indefinite
period
and
to
afford
a
complete
loss
thereof
.