QIB Global Security definition
Examples of QIB Global Security in a sentence
One or more separate Global Securities shall be issued to represent Securities held by (i) Qualified Institutional Buyers (a "QIB Global Security") and (ii) Persons acquiring Securities in offshore transactions in reliance on Regulation S (a "Regulation S Global Security").
The QIB Global Security and the Regulation S Global Security shall be issued with separate CUSIP numbers.
The Audit Committee of the Company’s Board of Directors will review this Policy from time to time at their discretion.
One or more separate Global Securities shall be issued to represent Securities held by (i) Qualified Institutional Buyers (a "QIB Global Security"), (ii) Institutional Accredited Investors (an "Accredited Investor Global Security") and (iii) Persons acquiring Securities in offshore transactions in reliance on Regulation S (a "Regulation S Global Security").
The certificated Securities delivered on the Issuance Date shall be issued with the CUSIP number assigned to the QIB Global Security.
In the event of any transfer of a beneficial interest in a QIB Global Security or a Regulation S Global Security to an Institutional Accredited Investor in accordance with Section 2.16, the Company shall issue one or more permanent Global Securities in registered form, substantially in the form set forth in Exhibit A hereto, bearing the legend set forth in Exhibit C hereto for interests held by Institutional Accredited Investors (an "Institutional Accredited Investor Global Security").
One or more such Global Securities shall represent any Initial Securities issued or subsequently transferred to IAIs (collectively, the "IAI Global Security" and, together with the QIB Global Security, the "U.S. Global Securities").
For purposes hereof "Securities not bearing the Restricted Securities Legend" includes beneficial interests in the Unrestricted Global Security, and "Securities bearing the Restricted Securities Legend" includes beneficial interests in the QIB Global Security and the IAI Global Security.
One or more such Global Securities shall represent the Initial Securities sold to QIBs (collectively, the "QIB Global Security").
The provisions of the "Operating Procedures of the Euroclear System" and "Terms and Conditions Governing Use of Euroclear" and the "General Terms and Conditions of Cedelbank" and "Customer Handbook" of Cedel shall be applicable to interests in the QIB Global Security and the Regulation S Global Security that are held by the Participants through Euroclear or Cedel.