Terms of Use

Monday, 11 August 2008 01:12 administrator
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By registering as a Potential Investor in Avalon Springs, I declare that I qualify as an accredited investor as defined below.

Accredited Investor: Only investors who have a pre-existing relationship with the General Partner or its principals, employees or representatives and are: (i) “accredited investors” in the meaning of Rule 501 of Regulation D under the Securities Act; ii) “qualified clients”; as defined in Rule 205-3 under the Advisers Act; and (iii) knowledgeable and experienced in management and business matters such that they are capable of evaluating the merits and risks of an investment in the Partnership will be permitted to invest in the Partnership.

An accredited investor includes natural persons who have a net worth, taken together with the net worth of their spouse, in excess of $1 million or who had individual income of more than $200,000 in each of the prior two calendar years, or joint income with their spouse in excess of $300,000 for each of those years, and who reasonably expect to reach the same income level in the current year; investment Partnerships and other entities consisting of such persons; and of liability companies and Partnerships with assets in excess of $5 million. A qualified client includes persons having at least $750,000 invested in the Partnership, persons having a net worth (together, in the case of a natural person, with assets held jointly with a spouse) of more than $1,500,000 at the time of their subscription, and qualified purchasers as defined in section 2(a)(51)(A) of the Act.

Last Updated on Monday, 29 November 2010 17:33