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

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Eligible Purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be an Eligible Purchaser.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Eligible Subsequent --------------------------------- Purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the reasonable judgment of the applicable Initial Purchaser, be an Eligible Purchasera Qualified Institutional Buyer.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Eligible ---------------------------------------- Subsequent Purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial PurchaserPurchasers, be an Eligible Purchasera Qualified Institutional Buyer.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Eligible --------------------------------- Subsequent Purchaser of a Security acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be an Eligible Purchasera Qualified Institutional Buyer.

Purchases by Non-Bank Fiduciaries. In the case of a non-bank Eligible Purchaser of a Security Note acting as a fiduciary for one or more third parties, each third party shall, in the judgment of the applicable Initial Purchaser, be an Eligible Purchaser.