Qualified buyer definition

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

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Qualified buyer means persons and families of low or moderate income, as that term is defined in Section 50093 of the Health and Safety Code.

Qualified buyer means any entity that has fewer than 50 employees in the State and that is required to file an income tax return in the State.

Examples of Qualified buyer in a sentence

To the extent a Qualified Buyer elects not to purchase all or any portion of the Additional Notes available in any tranche (the “Unfunded Amount”), the outstanding principal amount of such Qualified Buyer’s initial Note shall be automatically reduced, on a dollar-for-dollar basis, by such Unfunded Amount, effective as of the applicable tranche funding date.
For the avoidance of doubt, in the event a Qualified Buyer elects not to purchase any Additional Notes hereunder, there shall not be any risk of any Unfunded Amount with respect to its Note.
Each Buyer that purchases Notes with an aggregate Purchase Price of at least $1,000,000 at the Closing (each, a “Qualified Buyer”) shall have the right, but not the obligation, to purchase additional Notes (the “Additional Notes”) as set forth on the Schedule of Buyers in an aggregate principal amount equal to the initial principal amount of Notes purchased by such Qualified Buyer at the Closing, in two (2) equal tranches.

More Definitions of Qualified buyer

Qualified buyer means the Town or a person who, upon purchase of the Property, will be a Qualified Owner.

Qualified buyer means (a) any third party acquirer or successor of all or substantially all of the assets of the Parent or the Company and their respective Subsidiaries in connection with a Change of Control or (b) any third party that has net assets (determined by reference to the most recent audited or unaudited balance sheet) or public company market capitalization of at least $4,000,000,000 (taking into account the net assets or public company market capitalization of the company or companies so acquired in connection with such transaction).

Qualified buyer means any person determined by the court to be a certified person as provided in Section 4;

Qualified buyer means any Person that (i) is not a Financial Buyer, (ii) is engaged, directly or indirectly through one or more of its operating Subsidiaries, in a Similar Business, (iii) either (x) has outstanding, as of the Closing Date, U.S. dollar denominated debt securities with an aggregate principal amount in excess of $10 billion that were previously issued in the U.S. or international capital markets or (y) immediately prior to the Change of Control Trigger Period, has a LT Corporate Family Rating from S&P of BBB- or higher and a LT Local Issuer Credit Rating from M▇▇▇▇’▇ of Baa3 or higher and reported Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”) of at least $300.0 million for the most recently ended four consecutive fiscal quarters for which financial statements are available (as determined in good faith by the Qualified Buyer), and (iv) acquires the Borrower, directly or indirectly, in a transaction constituting a Change of Control. EBITDA shall be calculated consistent with the Qualified Buyer’s methodology for reporting such metric (or a similar comparable metric) to holders of its debt securities, and any Qualified Buyer with a reporting currency other than US dollars shall convert such amount to U.S. dollars in a manner determined by the Qualified Buyer in good faith.

Qualified buyer means natural persons who are either an “Employee of Lessor” or an “Income Eligible Buyer”, pursuant to the terms and conditions set forth in Section 5.1.

Qualified buyer means natural persons that meet the requirements of either an Employee of Lessor as defined herein, or an Income Eligible Buyer as defined herein and determined by CLT, in its sole discretion:

Qualified buyer means a purchaser of the Shares or Series B Conversion Shares from an Investor in compliance with this Agreement and the Right of First Refusal and Co-Sale Rights Agreement.