Suitable Purchaser definition

Suitable Purchaser means a purchaser who meets all of the following four criteria:
Suitable Purchaser means any person who purchases the securities of the issuer through a licensed broker-dealer on a solicit- ed basis.

Examples of Suitable Purchaser in a sentence

  • In the event that the CCPC withdraws its approval of Thorntons as a Suitable Purchaser of the Divestment Package as provided for in this paragraph, the procedure provided for in paragraph 3 of these Proposals shall be followed.

  • The Trustee reviewed the Proposed Agreements and confirmed that they fulfil the condition of the Commitments to transfer the Divestment Business to a Suitable Purchaser.

  • The businesses, shareholdings, business units, or assets to be divested shall be sold to a Suitable Purchaser.

  • The Suitable Purchaser shall be approved by the Commission prior to the signing of a final agreement of sale.

  • Tesco undertakes, subject to the provisions set out herein, to effect the sale of the Business within […] of the Determination (the “ Divestment Period”) (or such longer period as may be allowed by the CCPC, acting reasonably) to a Suitable Purchaser approved by the CCPC (which approval shall not be unreasonably withheld or delayed by the CCPC).

  • A Suitable Purchaser shall be a viable existing or prospective competitor independent of and unconnected with the merged entity with the ability to maintain and develop the Kitee Business or the Hamina Business as an active competitive force in the markets concerned.

  • This sale of foreign currency (and purchase of domestic currency) result in a reduction in the money supply of domestic currency in the economy because when the Central Bank buys domestic currency, it is taking those domestic money out of circulation and thus out of the money supply.

  • Should the APVMA receive an adverse report of a conflict of interest or a complaint about a TGA GMP Auditor, the APVMA reserves the right to withdraw authorisation for that TGA GMP Auditor.

  • Industri Kapital shall have signed a binding agreement of sale of the Kitee Business (subject to due diligence as well as regulatory and other approvals) with a Suitable Purchaser within […] months from the date of the Commission’s decision to clear the Concentration.

  • If Industri Kapital is not able to fulfil its undertaking to divest the Kitee Business by the end of the time period set out in 9 above, it shall give the Trustee an irrevocable power of attorney to sell the Hamina Business to a Suitable Purchaser […] within an additional period of […] months (i.e. within […] months from the date of the Commission's decision to clear the Concentration).

Related to Suitable Purchaser

  • Eligible Purchaser means a corporation, partnership or other entity which we have reasonable grounds to believe and do believe can make representations with respect to itself to substantially the same effect as the representations set forth herein.

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Substitute Purchaser is defined in Section 21.

  • Warranty Purchaser The Person described in Section 2.04 of the Trust Sale Agreement.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Purchaser means the organization purchasing the goods.

  • Original Purchaser means the original purchaser of the Bonds designated by the Fiscal Officer in the Certificate of Award.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Investor is defined in the preamble to this Agreement.

  • Qualified Purchaser as defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended.

  • Qualified Institutional Investor (tekikaku kikan xxxxxxx) has the meaning assigned thereto in Article 2, Paragraph 3, item 1 of the Financial Instruments and Exchange Law (kinyu shohin torihiki ho) of Japan (Law No. 25 of 1948), Article 10, Paragraph 1 of the regulations relating to the definitions contained in such Article 2.

  • Anchor Investor means a Qualified Institutional Buyer, applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the Red Xxxxxxx Prospectus and who has Bid for an amount of at least ₹100 million.

  • Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Stock or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Stock.

  • Approved Investor means any institution which has made a Takeout Commitment and has been approved by Buyer and not subsequently disapproved by Buyer.

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Qualified buyer means an applicant who meets the criteria in section 4.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Qualified Institutional Buyers as defined in Rule 144A. It is aware that the sale of the Privately Offered Certificates is being made in reliance on its continued compliance with Rule 144A. It is aware that the transferor may rely on the exemption from the provisions of Section 5 of the Act provided by Rule 144A. The undersigned understands that the Privately Offered Certificates may be resold, pledged or transferred only to (i) a person reasonably believed to be a Qualified Institutional Buyer that purchases for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the resale, pledge or transfer is being made in reliance in Rule 144A, or (ii) an institutional "accredited investor," as such term is defined under Rule 501 of the Act in a transaction that otherwise does not constitute a public offering. The undersigned agrees that if at some future time it wishes to dispose of or exchange any of the Privately Offered Certificates, it will not transfer or exchange any of the Privately Offered Certificates to a Qualified Institutional Buyer without first obtaining a Rule 144A and Related Matters Certificate in the form hereof from the transferee and delivering such certificate to the addressees hereof. Prior to making any transfer of Privately Offered Certificates, if the proposed Transferee is an institutional "accredited investor," the transferor shall obtain from the transferee and deliver to the addressees hereof an Investment Letter in the form attached to the Pooling and Servicing Agreement, dated as of March 1, 2002, among Structured Asset Mortgage Investments Inc., Wells Fargo Bank Mixxxxxta, National Association, EMC Mortgage Corporation and Bank One, National Association, as Trustee, pursuant to Certificates were issued. The undersigned certifies that it either: (i) is not acquiring the Privately Offered Certificate directly or indirectly by, or on behalf of, an employee benefit plan or other retirement arrangement which is subject to Title I of the Employee Retirement Income Security Act of 1974, as amended, and/or section 4975 of the Internal Revenue Code of 1986, as amended, or (ii) is providing a representation or an opinion of counsel to the effect that the proposed transfer and/or holding of a Privately Offered Certificate and the servicing, management and/or operation of the Trust and its assets: (I) will not result in any prohibited transaction which is not covered under a prohibited transaction exemption, including, but not limited to, Prohibited Transaction Exemption ("PTE") 84- 14, PTE 91-38, XXX 00-0, XXX 00-00, XXX 00-00 xr Section 401(c) of ERISA and the regulations to be promulgated thereunder and (II) will not give rise to any additional fiduciary duties on the part of the Seller, the Master Servicer or the Trustee. If the Purchaser proposes that its Certificates be registered in the name of a nominee on its behalf, the Purchaser has identified such nominee below, and has caused such nominee to complete the Nominee Acknowledgment at the end of this letter. Name of Nominee (if any):

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Qualified Investor means an investor who has been certified by the commissioner under subdivision 3.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • Designated Purchaser has the meaning set forth in Section 11.09(b) hereof.

  • Primary Seller means the Seller whose Bid City selected as the principal supplier of the Goods and/or Services required under this Agreement.

  • Takeout Investor means any institution which has made a Takeout Commitment and has been approved by Buyer.