Common use of Subsequent Purchaser Notification Clause in Contracts

Subsequent Purchaser Notification. Each Initial Purchaser will take reasonable steps to inform, and cause each of its Affiliates to take reasonable steps to inform, persons acquiring Notes from such Initial Purchaser or Affiliate, as the case may be, that the Notes (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in reliance on Rule 144A or in accordance with another exemption from registration under the 1933 Act, as the case may be, and (C) may not be offered, sold or otherwise transferred except (1) to the Company, (2) outside the United States in an offshore transaction in accordance with Rule 904 of Regulation S, or (3) inside the United States only pursuant to a registration statement that has been declared effective under the 1933 Act or in accordance with (x) Rule 144A to a person whom the seller reasonably believes is a Qualified Institutional Buyer that is purchasing such Notes for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the offer, sale or transfer is being made in reliance on Rule 144A or (y) pursuant to another available exemption from registration under the 1933 Act.

Appears in 1 contract

Sources: Purchase Agreement (Province Healthcare Co)

Subsequent Purchaser Notification. Each Initial Purchaser will take reasonable steps to inform, and cause each of its U.S. Affiliates to take reasonable steps to inform, persons acquiring Notes Units from such Initial Purchaser or Affiliateaffiliate, as the case may be, in the United States that the Notes Units (A) have not been and will not be registered under the 1933 Act, (B) are being sold to them without registration under the 1933 Act in reliance on Rule 144A or in accordance with another exemption from registration under the 1933 Act, as the case may be, and (C) may not be offered, sold or otherwise transferred except (1) to the CompanyAladdin Parties, (2) outside the United States in an offshore transaction in accordance with Rule 904 of Regulation S, S or (3) inside the United States only pursuant to a registration statement that has been declared effective under the 1933 Act or in accordance with (x) Rule 144A to a person whom the seller reasonably believes is a Qualified Institutional Buyer that is purchasing such Notes Units for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the offer, sale or transfer is being made in reliance on Rule 144A or (y) pursuant to another available the exemption from registration under the 1933 ActAct provided by Rule 144, if available.

Appears in 1 contract

Sources: Purchase Agreement (Aladdin Gaming Enterprises Inc)