Common use of Participation of Broker-Dealers in Exchange Offer Clause in Contracts

Participation of Broker-Dealers in Exchange Offer. (a) The Company understands that the Staff of the SEC has taken the position that any broker-dealer that receives Exchange Notes for its own account in the Exchange Offer in exchange for Notes that were acquired by such broker-dealer as a result of market-making or other trading activities (a "Participating Broker-Dealer"), may be deemed to be an "underwriter" within the meaning of the Securities Act in connection with any resale of such Exchange Notes.

Appears in 3 contracts

Samples: Registration Rights Agreement (International Paper Co /New/), Registration Rights Agreement (International Paper Co /New/), Registration Rights Agreement (International Paper Co /New/)

AutoNDA by SimpleDocs

Participation of Broker-Dealers in Exchange Offer. (a) The Company understands that the Staff staff of the SEC has taken the position that any broker-dealer that receives Exchange Notes for its own account in the Exchange Offer in exchange for Notes that were acquired by such broker-dealer as a result of market-making or other trading activities (a "Participating Broker-Dealer"), ”) may be deemed to be an "underwriter" within the meaning of the Securities 1933 Act in connection with any resale of such Exchange Notes.

Appears in 2 contracts

Samples: Registration Rights Agreement (Intelsat LTD), Purchase Agreement (Intelsat LTD)

Participation of Broker-Dealers in Exchange Offer. (a) (i) The Company understands that the Staff of the SEC has taken the position that any broker-dealer that receives Exchange Notes Securities for its own account in the Exchange Offer in exchange for Notes Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a "Participating Broker-Dealer"), ) may be deemed to be an "underwriter" within the meaning of the Securities 1933 Act in connection with any resale of such Exchange NotesSecurities.

Appears in 1 contract

Samples: Registration Rights Agreement (Security Capital Group Inc/)

Participation of Broker-Dealers in Exchange Offer. (a) The Company understands that the Staff of the SEC Commission has taken the position that any broker-dealer that receives Exchange Notes Securities for its own account in the Exchange Offer in exchange for Notes Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a "Participating Broker-Dealer"), may be deemed to be an "underwriter" within the meaning of the Securities Act and must deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of such Exchange NotesSecurities.

Appears in 1 contract

Samples: Registration Rights Agreement (Lear Corp)

AutoNDA by SimpleDocs

Participation of Broker-Dealers in Exchange Offer. (a) The Company understands that the Staff of the SEC has taken the position that any broker-dealer that receives Exchange Notes Securities for its own account in the Exchange Offer in exchange for Notes Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a "Participating BrokerPARTICIPATING BROKER-DealerDEALER"), may be deemed to be an "underwriterUNDERWRITER" within the meaning of the Securities 1933 Act in connection with any resale of such Exchange Notes.and must deliver a prospectus meeting

Appears in 1 contract

Samples: Registration Rights Agreement (Century Aluminum Co)

Time is Money Join Law Insider Premium to draft better contracts faster.