Common use of Purchases by Non-Bank Fiduciaries Clause in Contracts

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, each such third party shall, in the judgment of the applicable Initial Purchaser, be an Institutional Accredited Investor, a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.person outside the United States.

Purchases by Non-Bank Fiduciaries. In the case of a non-non- bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to clause (i) above, each third party shall, in the judgment of the applicable Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.person outside the United States.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank --------------------------------- Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to Section 9.1, each third party shall, in the judgment of the applicable Initial Purchaser, be an Institutional Accredited Investor or a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.person outside the United States.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note Notes acting as a fiduciary for one or more third parties, each third party shall, in the judgment reasonable belief of the applicable such Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. Person purchasing person outside the United States, in an offshore transaction each case, to whom the notice required in accordance with Regulation S.subsection (iv) below has been given.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Series A Note acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.person outside the United States.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, each such third party shall, in the judgment of the applicable Initial Purchaser, be an Institutional Accredited Investor or a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.person outside the United States.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser purchaser of a Note acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to Section 7.1, each third party shall, in the judgment of the applicable Initial Purchaser, be an Institutional Accredited Investor or a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.person outside the United States.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Subsequent Purchaser of a Note acting as a fiduciary for one or more third parties, in connection with an offer and sale to such purchaser pursuant to clause (i) above, each third party shall, in the judgment of the applicable Initial Purchaser, be a Qualified Institutional Buyer or a non-U.S. Person purchasing in an offshore transaction in accordance with Regulation S.outside the United States.