Private Placement of Shares. (i) Neither the Trust nor any of its affiliates (as defined in Rule 501(b) of Regulation D under the Securities Act (“Regulation D”)) has, directly or through any agent, sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any security (as defined in the Securities Act) that is or will be integrated with the sale of the Shares in a manner that would require registration of the Shares under the Securities Act.
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Samples: Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Trust), Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust), Purchase Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)
Private Placement of Shares. (i) Neither the Trust Fund nor any of its affiliates (as defined in Rule 501(b) of Regulation D under the Securities Act (“Regulation D”)) has, directly or through any agent, sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any security (as defined in the Securities Act) that is or will be integrated with the sale of the Shares in a manner that would require registration of the Shares under the Securities Act.
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