IAI Securities definition
Examples of IAI Securities in a sentence
The Offshore Physical Securities and the U.S. Physical Securities are sometimes collectively referred to as the "Physical Securities." Securities sold to Institutional Accredited Investors (the "IAI Securities") shall be issued in definitive, fully registered form without interest coupons, substantially in the form of Security set forth in this Article.
Securities shall cease to be IAI Securities upon certain transfers as provided in Section 312.
IAI Securities shall be delivered to such Institutional Accredited Investor(s) only upon the execution and delivery to the Initial Purchasers, the Company and the Trustee of an Accredited Investor Letter, substantially in the form of the letter attached as Exhibit B to the Offering Memorandum.
Upon their original issuance, IAI Securities shall not be issued in the form of a Global Security or in any other form intended to facilitate book-entry trading in beneficial interests in such Securities.
IAI Securities initially shall be represented by one or more Securities in definitive, fully registered, global form without interest coupons (collectively, the “IAI Global Securities”).
IAI Securities initially shall be represented by one or more Securities in definitive, fully registered, global form without interest coupons (collectively, the “IAI Global Securities”) to accommodate transfers of beneficial interests in the Securities to IAIs subsequent to the initial distribution.
Securities shall cease to be IAI Securities upon certain transfers as provided in Section 3.12.
As of the date hereof, there are no outstanding obligations of IAI or any of its subsidiaries to repurchase, redeem or otherwise acquire any IAI Securities.
Upon such issuance, the Trustee shall register such Definitive IAI Securities in the name of the beneficial owner or owners of such Securities (or the nominee of such beneficial owner or owners) and deliver the certificates for such Securities to the respective beneficial owner or owners.
Forms Generally; Initial Forms of Rule 144A, Regulation S and IAI Securities.