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I alone, or in combination with my spouse, have net worth in excess of $1,000,000.00. Net worth for this purpose means the fair market value of such person's total assets less such person's total liabilities; provided, that: (i) such person must exclude the value of his primary residence as an asset; and (ii) such person may generally exclude the amount of indebtedness secured by his primary residence as a liability except that he must deduct as liabilities (A) the amount by which such indebtedness exceeds the fair market value of his primary residence; and (B) the amount of such indebtedness incurred within the 60 days preceding the purchase date (other than as a result of the acquisition of his primary residence).
I have had individual income in excess of $200,000.00 in each of the two most recent calendar years and I have a reasonable expectation of reaching the same income level in the current year.
I have had joint income with my spouse in excess of $300,000.00 in each of the two most recent calendar years and I have a reasonable expectation of reaching the same income level in the current year.
I am a corporation, partnership or business trust with total assets in excess of $5,000,000, which was not formed for the purpose of acquiring the interests or properties offered.
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