Dealer Covered Person definition

Dealer Covered Person has the meaning set forth below;

Dealer Covered Person means Northland Securities, Inc. or any of its directors, executive officers, general partners, managing members or other officers participating in the Private Placement.

Dealer Covered Person has the meaning set forth in B(14) below; “Disqualification Event” has the meaning set forth in B(14) below;

Examples of Dealer Covered Person in a sentence

• As of the Closing Date, the Agent represents that it is not aware of any person (other than any Dealer Covered Person) that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with the sale of any Regulation D Securities.

• In its agreements with the Dealers, the Dealer Manager will require that the Dealers notify the Dealer Manager in writing promptly upon the occurrence of (i) any Disqualification Event relating to any Dealer Covered Person not previously disclosed to the Dealer Manager, and (ii) any event that would, with the passage of time, become a Disqualification Event relating to any Dealer Covered Person.

• As of the Closing Date, the Corporation is not aware of any person (other than any Dealer Covered Person) that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with the sale of any Regulation D Securities.

• The undersigned represents that it is not aware of any person (other than any Dealer Covered Person) that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with the sale of any Regulation D Securities.

• The Company has exercised, and during the term of the Offering will continue to exercise, reasonable care to determine whether any Company Covered Person, any Dealer Manager Covered Person and any Dealer Covered Person is subject to a Disqualification Event.

More Definitions of Dealer Covered Person

Dealer Covered Person means (A) the Dealer; (B) any person who through Dealer has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with such sale of securities; (C) any general partner or managing member of any person described in (A) or (B); (D) any director, executive officer or other officer participating directly or indirectly in the offering of the Units of any person described in (A), (B) or (C); and (E) any Affiliated Promoter. For purposes of the foregoing, “executive officer” shall have the meaning ascribed to it in Rule 504 of the Securities Act. For so long as the Dealer is participating in the Offering, upon the Dealer Manager’s request pursuant to this Agreement, the Dealer shall provide the Dealer Manager written confirmation that the representations in this Section 5(a)(xvii) are true and correct by delivering a certificate in the form attached hereto as Schedule IV. In addition, the Dealer shall promptly inform the Dealer Manager in writing if (x) any of the representations contained in Schedule IV shall no longer be entirely true, accurate and complete in any respect or (y) a Dealer Covered Person is subject to a Disqualifying Event or receives any waivers granted by: (1) the SEC under Rule 506(d)(2)(ii); or (2) any court or regulatory authority under Rule 506(d)(2)(iii).

Dealer Covered Person and "Dealer Covered Persons" has the meaning ascribed to such term in Section 12 of the Representations and Warranties of the Agent;

Dealer Covered Person has the meaning ascribed thereto in Section 3(k); “Disqualification Event” has the meaning ascribed thereto in Section 2(j);

Dealer Covered Person has the meaning given to such term in Section 9.1(h)(xii);

Dealer Covered Person has the meaning given to that term in section 12 of this Schedule A;

Dealer Covered Person means an Agent, its U.S. Affiliate, or any of the Agent’s and the U.S. Affiliate’s respective directors, executive officers, general partners, managing members or other officers participating in the Offering, and any person associated with an Agent and its U.S. Affiliate who will receive directly or indirectly, remuneration for solicitation of Purchasers of Offered Securities pursuant to Rule 506(b) of Regulation D;

Dealer Covered Person means the Placement Agents or any of their directors, executive officers, general partners, managing members or other officers participating in the private placement. The Company will notify the Placement Agents in writing, prior to the Closing Date of (i) any Disqualification Event relating to any Issuer Covered Person and (ii) any event that would, with the passage of time, become a Disqualification Event relating to any Issuer Covered Person. (uu) The Company hereby makes all of the representations and warranties contained in the Securities Purchase Agreement (subject to the exceptions and disclosures in the Company Disclosure Schedule attached thereto as Annex B) to the Placement Agents and the Placement Agents are entitled to rely on those representations and warranties as if they were made to the Placement Agents directly.