Common use of QIB Clause in Contracts

QIB. The Purchaser is purchasing the Note for its own account or one or more accounts with respect to which it exercises complete investment discretion, in each case in the required minimum denominations, and both it and each such account (if any) (i) is a “qualified institutional buyer” as defined in Rule 144A promulgated under the Securities Act (a “QIB”) and (ii) is aware that any sale of the Notes to it will be made in reliance on Rule 144A.

QIB. The Purchaser is purchasing the Class C Note for its own account or one or more accounts with respect to which it exercises complete investment discretion, in each case in the required minimum denominations, and both it and each such account (if any) (i) is a “qualified institutional buyer” as defined in Rule 144A promulgated under the Securities Act (a “QIB”) and (ii) is aware that any sale of the Class C Notes to it will be made in reliance on Rule 144A.