Exempt Purchaser definition
Exempt Purchaser means any one or more of the Persons listed in Schedule "C";
Exempt Purchaser shall have the meaning assigned to such term in the Subscription Agreement.
Exempt Purchaser means a Holder that: (i) is resident in Canada at the time of the exchange; or (ii) is resident in a jurisdiction outside of Canada, is not exercising the exchange in the United States or by or on behalf of a U.S. Person and will acquire Exchange Common Shares pursuant to an exemption from any prospectus or securities registration or similar requirements under the applicable securities laws of such jurisdiction or any other securities laws to which such Holder is otherwise subject and such exchange would not result in any obligation of the Parent or the Issuer to prepare and file a prospectus, an offering memorandum or similar document or any obligation of the Parent or the Issuer to make any filings with or seek any approvals of any kind from any regulatory body in such jurisdiction or any other ongoing reporting requirements with respect to such exchange or otherwise; or (iii) if in the United States or a U.S. Person on whose behalf such exchange is being made, is an “accredited investor” within the meaning of Rule 501(a) of Regulation D under the Securities Act or is otherwise permitted to acquire Exchange Common Shares pursuant to an available exemption from registration under the Securities Act and applicable state securities laws at the time of such exchange;
Examples of Exempt Purchaser in a sentence
A Sales Tax Exempt Purchaser Certificate (Form ST-9) executed by Harvard, together with a copy of the Form ST-2, will be required to obtain the sales tax exemption on purchases in Massachusetts.
More Definitions of Exempt Purchaser
Exempt Purchaser means a person that:
Exempt Purchaser means any purchaser who falls within the exemptions set forth in paragraph 4 of this Assurance.