Approved Transferee definition

Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

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Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or

Approved Transferee means (1) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (2) an Affiliate of the Funding Lender, (3) Citibank, or (4) a trust or custodial arrangement established by the Funding Lender or one of its Affiliates the beneficial interests in which will be owned only by QIBs.

Examples of Approved Transferee in a sentence

• If the Lead Securitization Note Holder so requests, the Original Entity or Approved Transferee holding the New Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.

• In the event of its loss of membership in the Bank, the Member shall make best efforts to transfer its obligations under all pending applications and this Agreement to an Approved Transferee prior to the Bank’s final disbursement of the subsidy.

• This Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of each of the parties hereto, including any Approved Transferee.

• Tenant may transfer the sign right to an Approved Transferee or Permitted Transferee.

• Transfers constituting Permitted Transfers or transfers of security interests to a lender pursuant to a Permitted Lender Financing shall be deemed expressly permitted by this Agreement, subject to the terms and conditions applicable to such transfers (including those set forth in the definitions of Approved Transferee and other applicable definitions).

More Definitions of Approved Transferee

Approved Transferee means any Affiliate of the Holder who acquires Registrable Securities from the Holder.

Approved Transferee means (a) (i) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (ii) an Affiliate of the Funding Lender that is a QIB, or (iii) a trust or custodial arrangement established by the Funding Lender or one of its Affiliates, in each case, the Funding Lender or an Affiliate thereof, as transferor, represents in writing to the Fiscal Agent that either (A) all of the beneficial owners of such trust or custodial arrangement are QIBs or (B) all of the interests in such trust or custodial arrangement (other than residual interests retained by QIBs) are rated in the “A” category or higher by a Rating Agency; provided, however, that a single QIB shall at all times hold a controlling interest in the residual interests and such trust or arrangement shall be controlled by the Funding Lender or an Affiliate thereof, or (iv) CCRC; and, in addition, (b) from and after Conversion,

Approved Transferee means any transferee of at least 25% of the outstanding Holdco Preferred Stock or 25% of the Registrable Securities.

Approved Transferee has the meaning set forth in Section 3(a).

Approved Transferee means another member of the Bank approved by the Bank in writing, such approval to be given or withheld in the exercise of the Bank’s reasonable discretion. Except as set forth in the preceding sentence, the Member is not permitted to assign or otherwise transfer its rights and obligations under any applications or this Agreement without the prior written consent of the Bank.

Approved Transferee means (1) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act of 1933, as in effect on the date hereof (the “Securities Act”), that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more,

Approved Transferee means (a) from and after the Closing Date, (i) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more,