Examples of Purchaser Eligibility Certification in a sentence
Each of such Member and any person that, together with its Affiliates, directly or indirectly holds 25% or more of the equity interests of such Member is and remains capable of truthfully making the representations and warranties in the Purchaser Eligibility Certification.
Completion of the Purchaser Eligibility Certification, without modification, is a prerequisite to any such purchase.
Accordingly, prior to or contemporaneously with the execution of this Contract, Xxxxxxxxx has completed, executed, and delivered to Seller a Purchaser Eligibility Certification (the “PEC”) in the form attached here to as Exhibit “C.” Purchaser hereby represents and warrants to Seller that the PEC is true and correct, and Purchaser hereby further acknowledges that Seller is relying on the truth and accuracy of the PEC.
Contemporaneously with the execution of this Contract, Xxxxxxxxx has completed, executed, and delivered to Seller a Purchaser Eligibility Certification (the “PEC”) in the form attached here to as Exhibit “C.” Purchaser hereby represents and warrants to Seller that the completed PEC is true and correct, and acknowledges that Seller is relying on the truth and accuracy of the completed PEC.
Each of such Member and any Person that, together with its Affiliates, directly or indirectly holds twenty-five percent or more of the equity interests of such Member is and remains capable of truthfully making the representations and warranties in the Purchaser Eligibility Certification.
This questionnaire is intended to be a useful summary for prospective purchasers but it shall not be construed as adding, limiting or interpreting in any manner, the actual terms of the Purchaser Eligibility Certification, ALL of which are contained solely in the Purchaser Eligibility Certification.For additional information relating to FDIC Loan Sales, please refer to the FDIC’s Loan Sales FAQs.
Has the identity or form or any other contractual arrangements of the prospective purchaser been created with the intent to hide or disguise the fact that an otherwise ineligible prospective purchaser is intended to benefit from the potential purchase of assets from the FDIC.The actual requirements to be an eligible purchaser of Loans are solely contained in the "Purchaser Eligibility Certification".
Each of such Member and any person that, together with its Affiliates, directly or indirectly holds in excess of nine and nine tenths percent (9.9%) of the equity interests of such Member is and remains capable of truthfully making the representations and warranties in the Purchaser Eligibility Certification.
All purchasers of assets covered by the regulation must execute a Purchaser Eligibility Certification in the form established by the FDIC.
The Purchaser Eligibility Certification has been assigned control number 3064–0135.