Accredited Investor Declaration


US Accredited Investor Status

The Purchaser hereby represents and warrants to each of the General Partner and the Partnership, on a continuing basis, that the information provided hereunder is true and correct and that the Purchaser is an “accredited investor” (an “Accredited Investor”) as such term is defined in Rule 501(a) of Regulation D under the U.S. Securities Act of 1933, as amended (the “Securities Act”), for one or more of the reasons specified below (please check all boxes that apply). The Purchaser agrees to furnish any additional information which the Partnership deems necessary in order to verify the answers set forth below:

1. The Purchaser is a natural person and (check all that apply):

  • has an individual net worth (determined by subtracting total liabilities from total assets), or joint net worth with the Purchaser’s spouse or spousal equivalent "Equity" includes equity calculated pursuant to the accounting rules applicable to such entity, as defined in the regulations under the Israeli Securities Law, 5728-1968. , in excess of $1,000,000; (excluding the Purchaser’s primary residence and indebtedness thereon up to the gross value of such residence, except that if the amount of such indebtedness outstanding at the time of the Purchaser’s admission to the Partnership exceeds the amount of such indebtedness outstanding 60 days before such time, other than as a result of the acquisition of the primary residence, the amount of such excess shall be included as a liability in the determination of the Purchaser’s net worth; joint net worth can be the aggregate net worth of the Subscriber and spouse or spousal equivalent, whether or not they are held jointly and whether or not they were purchased jointly);

  • had an individual income in excess of $200,000 (or a joint income together with the Purchaser’s spouse or spousal equivalent in excess of $300,000) in each of the two most recently completed calendar years, and reasonably expects to have an individual income in excess of $200,000 (or a joint income together with the Purchaser’s spouse or spousal equivalent in excess of $300,000) in the current calendar year;

  • Is a director, executive officer, or general partner of the issuer of the limited liability company Interests being offered or sold;

  • a natural person holding in good standing one or more of the following professional certifications or designations or credentials: General Securities Representative License (Series 7); Private Securities Offerings Representative License (Series 82); or Investment Adviser Representative License (Series 65); and/or

  • if and only if the Partnership is relying on one or both of the exclusions from the definition of “investment company” provided by Section 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940, as amended, a natural person who is a knowledgeable employee of the Partnership as defined in Rule 3c-5(a)(4) under such Act.

2. The Purchaser is an entity and (check all that apply):

  • is a corporation, partnership, limited liability company, Massachusetts or similar business trust or organization described in Code Section 501(c)(3), not formed for the specific purpose of acquiring interests in the Partnership that has total assets in excess of $5,000,000;

  • is a bank as defined in Section 3(a)(2) of the Securities Act, a savings and loan association, or other institution defined in Section 3(a)(5)(A) of the Securities Act acting in either its individual or fiduciary capacity (this includes a trust for which a bank acts as trustee and exercises investment discretion with respect to the trust’s decision to invest in the Partnership);

  • is a broker dealer registered pursuant to Section 15 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act“);

  • is an investment adviser registered pursuant to Section 203 of the Investment Advisers Act of 1940, as amended (the “Advisers Act”), or registered pursuant to the laws of a state;

  • is an investment adviser relying on the exemption from registering with the SEC under Section 203(l) or (m) of Advisers Act;

  • is an insurance company as defined in Section 2(a)(13) of the Securities Act;

  • is an investment company registered under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act“), or a business development company as defined in Section 2(a)(48) of the Investment Company Act;

  • is a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the U.S. Small Business Investment Act of 1958, as amended;

  • is a Rural Business Investment Company as defined in Section 384A of the Consolidated Farm and Rural Development Act;

  • is a plan established and maintained by a state, its political subdivisions, or an agency or instrumentality of a state or its political subdivisions, for the benefit of employees, having total assets in excess of $5,000,000;

  • is an employee benefit plan within the meaning of the U.S. Employee Retirement Income Security Act of 1974, as amended (“ERISA“), (a) for which the investment decision to acquire an interest in the Partnership is being made by a plan fiduciary, as defined in Section 3(21) of ERISA, that is either a bank, savings and loan association, insurance company, or registered investment adviser, (b) which has total assets in excess of $5,000,000, or (c) which is self-directed, with the investment decisions made solely by persons who are Accredited Investors;

  • is a private business development company as defined in Section 202(a)(22) of the Advisers Act;

  • is a trust not formed for the specific purpose of acquiring interests in the Partnership with total assets in excess of $5,000,000 and directed by a person who has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of investing in the Partnership;

  • is a revocable trust (including a revocable trust formed for the specific purpose of acquiring an interest in the Partnership) and the grantor or settlor of such trust is an Accredited Investor.

    If the Purchaser chooses this option, a separate response to option 1 of this Appendix A-III must be submitted on behalf of each of its grantor(s) or settlor(s);

  • is an entity, of a type not listed in any of the foregoing options, not formed for the specific purpose of making an investment in the Partnership, owning “investments” (as defined in Rule 2a51-1(b) under the Investment Company Act and included in Appendix A-V-I) in excess of $5,000,000;

  • is a “family office,” as defined in Rule 202(a)(11)(G)-1 under the Advisers Act (i) with assets under management in excess of $5,000,000, (ii) that is not formed for the specific purpose of making an investment in the Partnership, and (iii) whose prospective investment is directed by a person who has such knowledge and experience in financial and business matters that such family office is capable of evaluating the merits and risks of the prospective investment in the Partnership;

  • is a “family client,” as defined in Rule 202(a)(11)(G)-1 under the Advisers Act, of a family office meeting the requirements of the immediately preceding answer and whose prospective investment in the Partnership is directed by such family office pursuant to (17)(iii) above;

  • is an irrevocable trust (a) that is a grantor trust for federal tax purposes and the grantor(s) is/are the sole source of funding, (b) where all of the grantors are accredited, (c) where the grantor(s) would be taxed on all income of the trust and sales of trust assets during at least the first 15 years following the investment, (d) where the grantor(s) is/are the trustee(s) with sole investment discretion, (e) where the entire amount of the grantor’s(s’) contribution plus a rate of return would be paid to the grantor prior to any other payments, (f) that was established by the grantor(s) for estate planning purposes, and (g) where creditors of the grantor(s) would be able to reach the grantor’s(s’) interest in the trust; and/or

  • is an entity in which each equity owner is an Accredited Investor.

    If the Purchaser chooses this option, a separate response to option 1 of this Appendix A-III must be submitted on behalf of each of its equity owners.

OR

  • 3. None of the foregoing apply, and the Purchaser is not an “Accredited Investor”.

* Please complete all the mandatory fields

Israeli Accredited Investor Status

The Purchaser hereby represents and warrants to each of the General Partner and the Partnership, on a continuing basis, that the information provided hereunder is true and correct and that the Purchaser consents to being characterized as an “accredited investor” as described in the First Addendum of the Israeli Securities Law by qualifying under one or more categories marked below, and is aware of the significance and the consequences of such characterization and agrees to be treated as such. The Purchaser agrees to furnish any additional information which the Partnership deems necessary in order to verify the answers set forth below.

1. The Purchaser is a natural person who satisfies at least one of the following conditions (check all that apply):

  • The aggregate value of his/her liquid assets (i.e. cash, deposits, financial assets and traded securities) exceeds NIS8,095,444;

  • The Purchaser had an individual income in excess of NIS1,214,317 in each of the two most recent years, or the income of the Purchaser’s family unit (i.e. an individual and the relatives who live with him or with her, or that one of them provides for the other’s livelihood) was in excess of NIS1,821,475 in each of those years;

  • The total value of the liquid assets that the Purchaser owns exceeds NIS5,059,652, and the Purchaser earned income in excess of NIS607,158 in each of the two most recent years, or the income of the Purchaser’s family unit was in excess of NIS910,737 in each of those years.

    The Purchaser provides herewith to the Partnership a written confirmation from its accountant or legal advisor (dated as of the last 3 months) to the satisfaction of the General Partner as to its status to the extent that the above conditions apply.

2. The Purchaser is a legal entity which satisfies at least one of the following conditions (check all that apply):

  • a legal entity, the equity For purpose of this item “knowledgeable employee” means an Executive Officer (as defined below), director, trustee, general partner, advisory board member, or person serving in a similar capacity, of the Partnership or an Affiliated Management Person (as defined below) of the Partnership, or an employee of the Partnership or an Affiliated Management Person of the Partnership (other than a person performing solely clerical, secretarial or administrative functions with regard to such entity or its investments) who, in connection with his or her regular functions or duties, participates in the investment activities of the Partnership, other funds relying on Section 3(c)(1) or 3(c)(7), or investment companies the investment activities of which are managed by such Affiliated Management Person of the Partnership, provided that such employee has been performing such functions and duties for or on behalf of the Partnership or the Affiliated Management Person of the Partnership, or substantially similar functions or duties for or on behalf of another company for at least 12 months. An “Executive Officer” means the president, any vice president in charge of a principal business unit, division or function (such as sales, administration or finance), any other officer who performs a policy-making function, or any other person who performs similar policy-making functions, for the Partnership (or another Section 3(c)(1) or 3(c)(7) company) or for an Affiliated Management Person of the Partnership. An “Affiliated Management Person” means (A) any person directly or indirectly owning, controlling, or holding with power to vote, 5 per centum or more of the outstanding voting securities of the Partnership; (B) any person 5 per centum or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by the Partnership; (C) any person directly or indirectly controlling, controlled by, or under common control with, the Partnership; (D) any officer, director, partner, copartner, or employee of the Partnership; (E) if the Partnership is an investment company, any investment adviser thereof or any member of an advisory board thereof; and (F) if such other person is an unincorporated investment company not having a board of directors, the depositor thereof, in each case that manages the investment activities of the Partnership. of which exceeds NIS50,000,000 and which was not incorporated solely in order to purchase securities in a specific offering;

    If the Purchaser chooses this option, the Purchaser provides herewith to the Partnership a written confirmation from its accountant or legal advisor (dated as of the last 3 months) to the satisfaction of the General Partner as to it being a legal entity the equity of which exceeds NIS50,000,000 and which was not incorporated solely in order to purchase securities in a specific offering.

  • a legal entity, the entire share capital of which is held by shareholder(s) satisfying any of the following: (i) natural person/s, each individually satisfying at least one of the conditions of individual accredited investor status as specified in section (1) above; or (ii) any of the entities specified in this section (2) above.

    If the Purchaser chooses this option, a separate response to option 1 of this Appendix A-II must be submitted on behalf of each of its shareholders.

  • It is one of the following legal entities organized under the applicable Israeli laws:

  • a joint investment fund A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. or a managing company for such a fund;

  • a provident fund A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. or its managing company;

  • an insurance company A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. ;

  • a banking corporation A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. ;

  • a portfolio manager A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. purchasing for himself or for clients who are accredited investors that are listed in section 15A(b) of the Securities Law;

  • an investment advisor or an investment marketing agent A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. purchasing for himself;

  • a member of a stock exchange A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. purchasing for itself or for clients who are accredited investors that are listed in section 15A(b) of the Securities Law;

  • an underwriter A joint investment fund as defined in the Joint Investment in Trust Law, 5754 - 1994. purchasing for itself; or

  • a venture capital fund; for this purpose, a “venture capital fund” shall mean a corporation whose
    main business is investing in corporations, which, at the time the investment is made, are
    primarily engaged in research and development or in the manufacture of innovative and hightech
    products or processes, where the risk of investment is higher than what is customary for other investments.

The Purchaser agrees to provide the Partnership with such additional information as the Partnership may reasonably request in order to support the above representation of “accredited investor” status. Any information provided by the Purchaser in response to a request pursuant to this Section shall constitute a representation and warranty of the Purchaser under this Subscription Agreement.

OR

  • 3. None of the foregoing apply, and the Purchaser is not an “Accredited Investor”.

* Please complete all the mandatory fields

הצהרת משקיע מסווג (כשיר) בהתאם לסעיף 15א(ב)(1)
לחוק ניירות ערך, תשכ”ח – 1968

לצרכי סיווג המשקיע לפי חוק ניירות ערך ולא לשום שימוש אחר Faropoint הנתונים בשאלון זה ישמשו את

1. אני מודע/ת היטב לסיכונים הרבים הכרוכים בהשקעה בנדל”ן בארה”ב, ובין היתר מבין/ה כי:

  • בהשקעה בנדל”ן (מכל סוג שהוא) גלומים סיכונים רבים ומגוונים, וכי אין מדובר בהשקעה בטוחה הטומנת בחובה תשואה מובטחת; ברור לי כי ההשקעה נתונה להשפעה מכרעת של משתנים בלתי צפויים, אשר מידת השפעתם בלתי ניתנת לחיזוי או לאומדן.

  • הציפייה לקבלת תשלומים שוטפים, בעת השקעה בנדל”ן מניב, נתונה אף היא להשפעת גורמים שונים, ובראשם ביצועי הנכס בפועל וצרכיו, כפי שנקבעים בידי מנהל ההשקעה.

2. אני נחשב/ת ל-“משקיע כשיר”, לפי העניין, כמשמעות מונח זה בחוק ניירות ערך, תשכ”ח – 1968 (להלן: “חוק ניירות ערך״) והנחיות רשות ניירות ערך, הואיל ומתקיימים בי אחד מהתנאים המנויים בתוספת הראשונה לחוק ניירות ערך כדלהלן (יש לסמן את הרלוונטי).

  • השווי הכולל של הנכסים הנזילים שבבעלותי עולה על 5,059,652 מיליון ש”ח וגובה הכנסתי בכל אחת מהשנתיים; אחרונות עולה על 607,158 ש”ח או שגובה הכנסה כאמור של התא המשפחתי שאליו אני משתייך עולה על 910,737 ש”ח, או

  • גובה הכנסתי בכל אחת מהשנתיים האחרונות עולה על 1,214,317 מיליון ש”ח, או שגובה הכנסת התא המשפחתי שאליו אני משתייך עולה על 1,821,475 מיליון ש”ח; או

  • השווי הכולל של הנכסים הנזילים שבבעלותי עולה על 8,095,444 מיליון ש”ח

3. אני מאשר/ת בזאת כי השבתי נכונה על השאלות שנשאלתי בהליך זה, כל השקעה המתוכננת על ידי הינה בעבורי ו/או בעבור התא המשפחתי שלי וכי איני אשקיע במטרה למכור את ההשקעה. ידוע לי ואני מסכים לכך שהנכם מסתמכים על הצהרותיי ותשובותיי בהליך זה.

* Please complete all the mandatory fields

הצהרת משקיע מסווג (כשיר) בהתאם לסעיף 15א(ב)(1)
לחוק ניירות ערך, תשכ”ח – 1968

לצרכי סיווג המשקיע לפי חוק ניירות ערך ולא לשום שימוש אחר Faropoint הנתונים בשאלון זה ישמשו את

1. אני מודע/ת היטב לסיכונים הרבים הכרוכים בהשקעה בנדל”ן בארה”ב, ובין היתר מבין/ה כי:

  • בהשקעה בנדל”ן (מכל סוג שהוא) גלומים סיכונים רבים ומגוונים, וכי אין מדובר בהשקעה בטוחה הטומנת בחובה תשואה מובטחת; ברור לי כי ההשקעה נתונה להשפעה מכרעת של משתנים בלתי צפויים, אשר מידת השפעתם בלתי ניתנת לחיזוי או לאומדן.

  • הציפייה לקבלת תשלומים שוטפים, בעת השקעה בנדל”ן מניב, נתונה אף היא להשפעת גורמים שונים, ובראשם ביצועי הנכס בפועל וצרכיו, כפי שנקבעים בידי מנהל ההשקעה.

2. התאגיד נחשב ל-“תאגיד כשיר/מסווג“, לפי העניין, כמשמעות מונח זה בחוק ניירות ערך, תשכ”ח – 1968 (להלן: “חוק ניירות ערך“) והנחיות רשות ניירות ערך, הואיל ומתקיימים בה אחד מהתנאים המנויים בתוספת הראשונה לחוק ניירות ערך כדלהלן (יש לסמן את הרלוונטי).

  • ההון העצמי של התאגיד עולה על 50 מיליון שקלים חדשים והוא לא התאגד למטרת רכישת ניירות ערך בהצעה מסוימת

  • התאגיד נמצא בבעלות מלאה של משקיעים מסווגים בהתאם לפירוט בסעיף 15 א(ב)(1) ובתוספת הראשונה לחוק ניירות ערך

  • התאגיד הינו מבטח כמשמעותו בחוק הפיקוח על הביטוח, תשמ”א 1981

  • התאגיד הינו מנהל תיקים כמשמעותו בסעיף 8(ב) בחוק הסדרת העיסוק בייעוץ השקעות ובניהול תיקי השקעות תשנ”ה-1995 ורוכש בעבור עצמו או בעבור לקוחות שהינם “משקיעים מסווגים” כהגדרתם בסעיף 15 (א)(ב) לחוק ניירות ערך

  • התאגיד הינו יועץ השקעות או משווק השקעות, כמשמעותם בסעיף 7(ג) בחוק הסדרת העיסוק בייעוץ השקעות ובניהול תיקי השקעות, תשנ”ה-1995, ורוכש בעבור עצמו

  • התאגיד הינו קופת גמל או חברה מנהלת כהגדרתן בחוק הפיקוח על שירותים פיננסיים (קופות גמל), תשס”ה-2005

  • התאגיד הינו קרן להשקעות משותפות בנאמנות, כמשמעותה בחוק השקעות משותפות בנאמנות, תשנ”ד-1994, או חברה לניהול קרן כאמור

* Please complete all the mandatory fields

All fields marked with (*) are mandatory.
Please complete the missing information.

OK

THANK YOU!


Your message has been sent.
We will contact you soon.
Back to site

In order to take a better carrying of your issue, you are invited

to fill the Accredited Investor Declaration