QIB Status Sample Clauses

QIB Status. The Investor is a “Qualified Institutional Buyer” within the meaning of Rule 144A promulgated under the Securities Act.
QIB Status. The Company Stockholder is a “qualified institutional buyer” as defined in Rule 144A promulgated under the Securities Act. The Company Stockholder acknowledges that the Purchaser Common Stock it receives in the Merger may be offered, resold, pledged or otherwise transferred only (a) to Purchaser or a subsidiary thereof, (b) pursuant to a registration statement that has been declared effective under the Securities Act, or (c) pursuant to an available exemption from the registration requirements of the Securities Act, subject to compliance with any applicable securities laws of any jurisdiction.
QIB Status. The Investor is an "accredited investor" as defined under Regulation D of the 1933 Act or is a "qualified institutional buyer" ("QIB") within the --- meaning of Rule 144A promulgated under the 1933 Act and such status is indicated on Exhibit A attached hereto, and the Investor has received a copy of all such --------- documents and agreements that it has requested and has read and understands the respective contents thereof. The Investor has had the opportunity to ask questions of the Company and Parent and has received answers to such questions from the Company and Parent. The Investor has carefully reviewed and evaluated these documents and understands the risks and other considerations relating to the investment.
QIB Status. Such Buyer is an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the 1933 Act and a “qualified institutional buyer” as such term is defined in Rule 144A of the 1933 Act (a “QIB”).

Related to QIB Status

  • DTC Status The Company’s transfer agent is a participant in and the Common Stock is eligible for transfer pursuant to the Depository Trust Company Automated Securities Transfer Program. The name, address, telephone number, fax number, contact person and email address of the Company transfer agent is set forth on Schedule 5(w) hereto.

  • Pay Status An aggrieved employee and the Union Delegate shall be in a pay status during those working hours in which a grievance, a grievance mediation, or an arbitration hearing is held. Release time for additional employee representation shall be subject to approval by the Labor Relations Officer or designee when a group grievance is filed.

  • Investor Status At the time such Investor was offered the Securities, it was, and at the date hereof it is, and on each date on which it exercises Warrants it will be, an “accredited investor” as defined in Rule 501(a) under the Securities Act. Such Investor is not a registered broker-dealer under Section 15 of the Exchange Act.

  • Company Status The Company is a corporation duly formed and validly existing under the general laws of the State of Maryland, with all requisite power and authority to enter into this Agreement and to carry out its obligations hereunder.

  • Shell Status The Company represents that it is not a “shell” issuer and has never been a “shell” issuer, or that if it previously has been a “shell” issuer, that at least twelve (12) months have passed since the Company has reported Form 10 type information indicating that it is no longer a “shell” issuer. Further, the Company will instruct its counsel to either (i) write a 144- 3(a)(9) opinion to allow for salability of the Conversion Shares or (ii) accept such opinion from Holder’s counsel.