QIB/QP definition

QIB/QP means a QIB that is also a QP.

QIB/QP. Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Notes is both a Qualified Institutional Buyer and a Qualified Purchaser.

QIB/QP means a Person who is both a QIB and a QP.

Examples of QIB/QP in a sentence

• Each initial purchaser of an interest in a Rule 144A Note and each transferee of an interest in a Rule 144A Note will be deemed to represent at the time of purchase that, amongst other things, the purchaser is a QIB/QP.

• Each initial purchaser of an interest in a Rule 144A Note and each transferee of an interest in a Rule l44A Note will be deemed to represent at the time of purchase that, amongst other things, the purchaser is a QIB/QP.

• Forced transferEach initial purchaser of an interest in a Rule 144A Note and each transferee of an interest in a Rule 144A Note will be required or deemed to represent at the time of purchase that, amongst other things, the purchaser is a QIB/QP.

• Should the Issuer be subjected to any or all of the foregoing, the Issuer would be materially and adversely affected.Each initial purchaser of an interest in a Rule 144A Note and each transferee of an interest in a Rule 144A Note will be deemed to represent at the time of purchase that, amongst other things, the purchaser is a QIB/QP.

• If such Non-Permitted Noteholder fails to effect the transfer required within such 30 day period, (a) the Issuer or the Collateral Manager on its behalf and at the expense of the Issuer, shall cause such beneficial interest to be transferred in a sale to a person or entity that certifies to the Issuer, in connection with such transfer, that such person or entity either is not a U.S. Person or is a QIB/QP and (b) pending such transfer, no further payments will be made in respect of such beneficial interest.

More Definitions of QIB/QP

QIB/QP means a "qualified institutional buyer" as defined in Rule 144A who is also a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act and the rules thereunder;

QIB/QP means a Person who is both a QIB and a QP for the purposes of Section 3(c)(7) of the Investment Company Act.

QIB/QP means any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Notes, is both a Qualified Institutional Buyer and a Qualified Purchaser.

QIB/QP means a Person who is both a qualified institutional buyer as defined in Rule 144A under the Securities Act and a Qualified Purchaser for the purposes of Section 3(c)(7) of the Investment Company Act.

QIB/QP means any Person that, at the time of acquisition, purported acquisition or proposed acquisition of an interest in the Notes is both a QIB and a QP.

QIB/QP. Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Debt is both a Qualified Institutional Buyer and a Qualified Purchaser.

QIB/QP means a Person which is both a Qualified Institutional Buyer and a Qualified Purchaser.