Common use of Qualified Purchaser Clause in Contracts

Qualified Purchaser. Such Member (other than the Managing Member) is a “qualified purchaser” (as defined in the Investment Company Act of 1940, as amended from time to time (the “Investment Company Act”) and the rules, regulations, orders and interpretations thereof issued by the SEC).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CAESARS ENTERTAINMENT Corp), Limited Liability Company Agreement (Caesars Acquisition Co)

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Qualified Purchaser. Such Member (other than the Managing Member) is a “qualified purchaser” (as defined in the Investment Company Act of 1940, as amended from time to time (the “Investment Company Act”) and within the meaning of Section 3(c)(7) of the Investment Company Act and rules, regulations, orders and interpretations thereof of such section issued by the SEC).

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Qualified Purchaser. Such Member (other than the Managing Member) is a “qualified purchaser” (as defined in the Investment Company Act of 1940, as amended from time to time (the “Investment Company Act”) and the rules, regulations, orders and interpretations thereof issued by the SEC).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Caesars Entertainment Operating Company, Inc.)

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