Eligible Rule 144A Offering definition
Eligible Rule 144A Offering means an offering of securities in the U.S. and/or other countries that meets the following conditions: (i) the securities are offered or sold in transactions exempt from registration under section 4(2) of the 1933 Act, Rule 144A thereunder, or Rules 501- 508 thereunder; (ii) the securities are sold to persons that the seller and any person acting on behalf of the seller reasonably believe to include qualified institutional buyers, as defined in Rule 144(a)(1); and (iii) the seller and any person acting on behalf of the seller reasonably believe that the securities are eligible for resale to other qualified institutional buyers pursuant to Rule 144A.
Eligible Rule 144A Offering means an offering of securities that meets the following conditions:
(i) The securities are offered or sold in transactions exempt from registra- tion under section 4(2) of the Securities Act of 1933 [15 U.S.C. 77d(2)], rule 144A thereunder [§ 230.144A of this chapter], or rules 501–508 thereunder [§§ 230.501– 230.508 of this chapter];
(ii) The securities are sold to persons that the seller and any person acting on behalf of the seller reasonably be- lieve to include qualified institutional buyers, as defined in § 230.144A(a)(1) of this chapter; and
(iii) The seller and any person acting on behalf of the seller reasonably be- lieve that the securities are eligible for resale to other qualified institutional buyers pursuant to § 230.144A of this chapter.