Common use of Non-U.S. Purchaser Clause in Contracts

Non-U.S. Purchaser. The Creditor is outside the United States when receiving and executing this Agreement and the Creditor is not a U.S. Person as defined in Rule 902 of Regulation S. The Creditor acknowledges that the offer and sale of the Note has taken place, and is taking place in an “offshore transaction,” as such term is defined in Regulation S;