Common use of Transfers Limited to QIBs Clause in Contracts

Transfers Limited to QIBs. If a Class B Certificate is to be transferred, the Registrar shall register the transfer only if such transfer is being made to a proposed transferee who has provided the transfer notice attached to the form of Class B Certificate stating that it is purchasing the Class B Certificate for its own account or an account with respect to which it exercises sole investment discretion and that it and any such account is a QIB.

Appears in 4 contracts

Samples: Trust Supplement (Delta Air Lines Inc /De/), Agreement (Delta Air Lines Inc /De/), Through Trust Agreement (Delta Air Lines Inc /De/)

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Transfers Limited to QIBs. If a Class B Certificate is to be transferred, the Registrar shall register the transfer only if such transfer is being made to a proposed transferee who has provided the transfer notice attached to the form of Class B Certificate stating that it is purchasing the Class B Certificate for its own account or an account with respect to which it exercises sole investment discretion and that it and any such account is a QIB.. Trust Supplement No. 2010-1B (2010-1B EETC)

Appears in 1 contract

Samples: Intercreditor Agreement (Delta Air Lines Inc /De/)

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