Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. person outside the United States.
Purchases by Non-Bank Fiduciaries. In the case of a future non-bank purchaser of a Security acting as a fiduciary for one or more third parties, each third party must, in the judgment of the Company, be a “qualified institutional buyer” within the meaning of Rule 144A under the 1933 Act (a “Qualified Institutional Buyer”).
Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of Shares acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to Section 8(a) above, each third party shall, in the reasonable judgment of the Initial Purchaser, be a Qualified Institutional Buyer.
Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to this Section 8.1, which is intended to be made in compliance with Rule 144A, such third parties shall be a Qualified Institutional Buyer, or a non- U.S. person outside the United States.
Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to clause (i) above, each third party shall, in the judgment of the applicable Initial Purchaser, be an Institutional Accredited Investor or a Qualified Institutional Buyer or a non-U.S. person outside the United States.
Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the Initial Purchaser, be a QIB or a non-U.S. person outside the United States.
Purchases by Non-Bank Fiduciaries. In the case of a non-bank Eligible Purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be an Eligible Purchaser.
Purchases by Non-Bank Fiduciaries. In the case of a non- --------------------------------- bank Subsequent Purchaser of a Security acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to clause (i) above, each third party shall, in the judgment of the applicable Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. person outside the United States.
Purchases by Non-Bank Fiduciaries. In the case of a non-bank subsequent purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the Initial Purchaser, be a QIB.
Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser in a CPS Security acting as a fiduciary for one or more third parties, each third party shall be a person whom the Initial Purchaser reasonably believes is (a) a Qualified Institutional Buyer or an Institutional Accredited Investor, who is also, in either case, a Qualified Purchaser, (b) (i) knowledgeable, sophisticated and experienced in business and financial matters, (ii) able and prepared to bear the economic risk of investing in and holding such CPS Securities, (iii) for United States federal income tax purposes, (A) a “domestic corporation” within the meaning of Section 7701(a)(30)(C) of the Code (other than an “S Corporation” as defined in Section 1361 of the Code) or (B) a U.S. person that is generally exempt from income tax under Section 501 of the Code and (iv) not a pension or welfare plan (as defined in Section 3 of ERISA) or an entity deemed to be using the assets of such a plan, and the Initial Purchaser shall obtain a purchaser’s letter to the effect of the foregoing.
