Non-Permitted Holder definition

Non-Permitted Holder. The meaning specified in Section 2.11(b).
Non-Permitted Holder means (i) any U.S. person that becomes the Holder or beneficial owner of an interest in any Note that (a) is not either (1) a Qualified Institutional Buyer and a Qualified Purchaser (or an entity owned exclusively by Qualified Purchasers) or (2) solely in the case of Subordinated Notes held in the form of Definitive Securities, an Institutional Accredited Investor and a Qualified Purchaser (or an entity owned exclusively by Qualified Purchasers) or (b) does not have an exemption available under the Securities Act and the Investment Company Act, (ii) any Non-Permitted ERISA Holder or (iii) any Non-Permitted Tax Holder.
Non-Permitted Holder has the meaning provided in Section 4.02(s)(ii).

Examples of Non-Permitted Holder in a sentence

  • In addition, the acquisition of Notes by a Non-Permitted Holder under Section 2.12(b) shall be null and void ab initio.


More Definitions of Non-Permitted Holder

Non-Permitted Holder. The meaning specified in Section 2.5(g)(ii).
Non-Permitted Holder has the meaning given in Section 2.12(b). “Office” has the meaning given in Section 6.1(a).
Non-Permitted Holder. (a) Any U.S. Person that becomes the beneficial owner of any Preferred Shares or interest in Preferred Shares and is not a Qualified Institutional Buyer and a Qualified Purchaser, (b) any Person for which the representations made, or deemed to be made, by such Person for purposes of ERISA, Section 4975 of the Code or applicable Similar Law in any representation letter or Purchaser Certificate, or by virtue of deemed representations are or become untrue, (c) any Benefit Plan Investor or (d) a Non-Permitted AML Holder.
Non-Permitted Holder. The meaning specified in Section 2.11(b) and any Non-Permitted AML Holder.
Non-Permitted Holder means any person other than a Permitted Holder (as defined below);
Non-Permitted Holder means any Noteholder which is:
Non-Permitted Holder has the meaning set forth in Section 2.12(m). “Non-U.S. Person” means any Person who is not a “U.S. Person” as defined in Regulation S under the Securities Act. “Noteholder” or “Holder” means a Person in whose name a Note is registered in the Note Register. “Note Rate” has the meaning set forth in Section 2.07. “Note Register” has the meaning set forth in Section 2.12(a). “Note Registrar” means any Person acting as Note Registrar pursuant to Section 2.12(a). “Notes” has the meaning set forth in the recitals to this Indenture. “Offer” has the meaning set forth in Section 4.09(b).