Examples of Qualified Institutional Investor in a sentence
Each of the Managers represents, warrants and agrees that the Notes will only be offered, sold, resold or otherwise transferred, directly or indirectly to, or for the benefit of, (i) a person who is not a resident of Japan or (ii) a Qualified Institutional Investor (“QII”) as defined in article 10 of the cabinet ordinance concerning definitions under article 2 of the FIEA (ordinance no.
No Excepted Holder Limit shall be reduced to a percentage that is less than the then Aggregate Stock Ownership Limit or Common Stock Ownership Limit or, in the case of an Excepted Holder that is a Qualified Institutional Investor, the Qualified Institutional Investor Aggregate Stock Ownership Limit or the Qualified Institutional Investor Aggregate Stock Ownership Limit.
When transferring any Bonds to any Qualified Institutional Investor, the transferor shall notify the transferee in writing, in advance or at the same time of transfer, that no registration statement has been filed with respect to the Bonds pursuant to the provisions of Article 4, paragraph 1 of the Securities and Exchange Law and as to the conditions in respect of the Bonds set out in this Section 12.
No Excepted Holder Limit shall be reduced to a percentage that is less than the then-existing Aggregate Stock Ownership Limit or, in the case of an Excepted Holder that is a Qualified Institutional Investor, the Qualified Institutional Investor Aggregate Stock Ownership Limit.
In general terms, it works by imposing a significant penalty upon any person or group which acquires 10% (or 20% in the case of a "Qualified Institutional Investor" (as defined below)) or more of our outstanding common stock without the approval of our Board, except pursuant to a "Qualifying Offer" (as defined below).