Category 7 definition

Category 7. A trust that (a) has total assets in excess of $5,000,000, (b) was not formed for the specific purpose of acquiring the Purchased Shares and (c) is directed in its purchases of securities by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of an investment in the Purchased Shares as described in Rule 506(b)(2)(ii) under the U.S. Securities Act; or ☐ Category 8: An entity in which all of the equity owners are accredited investors. ☐ Category 9: Any entity, of a type not listed above, not formed for the specific purpose of acquiring the securities offered, owning investments in excess of US$5,000,000; ☐ Category 10: Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940; ☐ Category 11: A natural person holding in good standing one or more professional certifications or designations or credentials from an accredited educational institution that the Securities and Exchange Commission (the "SEC") has designated as qualifying an individual for accredited investor status; ☐ Category 12: A natural person who is a "knowledgeable employee," as defined in rule 3c-5(a)(4) under the Investment Company Act of 1940 (17 CFR 270.3c-5(a)(4)), of the issuer of the securities being offered or sold where the issuer would be an investment company, as defined in section 3 of such Act, but for the exclusion provided by either section 3(c)(1) or section 3(c)(7) of such Act; ☐ Category 13: A "family office," as defined in rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940 (17 CFR 275.202(a)(11)(G)-1): (i) With assets under management in excess of US$5,000,000, (ii) that was not formed for the specific purpose of acquiring the securities offered, and whose prospective investment is directed by a person who has such knowledge and experience in financial and business matters that such family office is capable of evaluating the merits and risks of the prospective investment; or ☐ Category 14: A "family client," as defined in rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940 (17 CFR 275.202(a)(11)(G)-1)), of a family office meeting the requirements in paragraph (a)(12) of this section and whose prospective investment in the issuer is directed by such family office pursuant to paragraph (a)(12)(iii).

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Category 7. A trust that (a) has total assets in excess of $5,000,000, (b) was not formed for the specific purpose of acquiring the Subscription Receipts and (c) is directed in its purchases of securities by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of an investment in the Subscription Receipts as described in Rule 506(b)(2)(ii) under the U.S. Securities Act; ☐ Category 8: An entity in which all of the equity owners are accredited investors; ☐ Category 9: Any entity, of a type not listed above, not formed for the specific purpose of acquiring the securities offered, owning investments in excess of US$5,000,000; ☐ Category 10: Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940; ☐ Category 11: A natural person holding in good standing one or more professional certifications or designations or credentials from an accredited educational institution that the Commission has designated as qualifying an individual for accredited investor status;

Category 7. A trust that (a) has total assets in excess of US$5,000,000, (b) was not formed for the specific purpose of acquiring the Securities and (c) is directed in its purchases of the Securities by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of an investment in the Securities as described in SEC Rule 506(b)(2)(ii) under the U.S. Securities Act;  Category 8: A revocable trust which may be revoked or amended by its settlors (creators), each of whom is an Accredited Investor under Category 2; or  Category 9: An entity in which all of the equity owners are accredited investors.

Examples of Category 7 in a sentence

• A business development company as defined in Section 2(a) (48) of the Investment Company Act of 1940; or _____ Category 7.

• An insurance company as defined in Section 2(a)(13) of the U.S. Securities Act; or _______ Category 7.

• Any employee targeted for layoff in Job Category 7 may displace the least senior employee with less seniority in Job Category 10.

• Skill Level 4 Occupations For Occupations in Category 7, which are not in ANZSCO, the following skill and experience requirements apply (note that position descriptions are available in the EKCCI website).

• A business development company as defined in Section 2(a)(48) of the United States Investment Company Act of 1940; or _____ Category 7.

• A business development company as defined in Section 2(1)(48) of the U.S. Investment Company Act of 1940; or _____ Category 7.

• Other medical MBS services (excluding optometry, other allied health services and the Dental Benefits Schedule) MBS items: miscellaneous, oral and maxillofacial surgery (Category 4), cleft lip and palate (Category 7), Category 2, Group T1 , Group T11, the bulk billing incentive Items 10990, 10991 and 10992, and Group B1 (Dental Benefits Schedule).

• All OIC's at Remote Category 7 stations will have all callouts and casualty room cases paid at the appropriate overtime rates.

• A business development company as defined in Section 2(a)(48) of the U.S. Investment Company Act; or ____ Category 7.

• A business development company as defined in Section 2(a)(48) of the Investment Company Act of 1940; or _____ Category 7.

More Definitions of Category 7

Category 7. Consolidated Total Debt to Consolidated EBITDA Ratio 2.000% 0.750% is 2.000% 0.750% greater than or equal to 4.5 to 1.0 and less than 5.0 to 1.0

Category 7. A trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Securities, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the Securities Act; or [ ] Category 8: An entity in which all of the equity owners satisfy the requirements of one or more of the foregoing categories; and