Permitted Institutional Investor definition

Permitted Institutional Investor means any of the following:
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Permitted Institutional Investor means any Qualified Institutional Investor that is not required to file with the Securities and Exchange Commission a Schedule 13D (or any successor form) in respect of the Common Stock; provided that such Person (a) is not and does not become the Beneficial Owner of a Prohibited Block and (b) is not and does not become Restricted Investor; and provided further that such person shall have delivered a Permitted Institutional Investor Certification to the Company prior to becoming the Beneficial Owner of a Substantial Block. For avoidance of doubt, in the event a Permitted Institutional Investor becomes the Beneficial Owner of securities of the Company constituting a Prohibited Block, such Person shall immediately be deemed to be an Acquiring Person.
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Permitted Institutional Investor means (a) any original purchaser of a Note and (b) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form.
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Examples of Permitted Institutional Investor in a sentence

  • Notwithstanding the foregoing restrictions on the offer, transfer or sale of the Notes, any Noteholder may offer, sell or transfer any of its Notes to any Permitted Institutional Investor (other than a Restricted Investor) holding securities in a Competitor as part of its investment portfolio.


More Definitions of Permitted Institutional Investor

Permitted Institutional Investor means a Person that is an Institutional Accredited Investor or a Qualified Institutional Buyer.
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Related to Permitted Institutional Investor

  • Disqualified Institutions means those Persons (the list of all such Persons, the “Disqualified Institutions List”) that are (i) identified in writing by the Company to the Administrative Agent prior to the initial allocation of the loans to be funded on the Closing Date, (ii) competitors of the Company and its Subsidiaries (other than bona fide fixed income investors or debt funds) that are identified in writing by the Company from time to time or (iii) Affiliates of such Persons set forth in clauses (i) and (ii) above (in the case of Affiliates of such Persons set forth in clause (ii) above, other than bona fide fixed income investors or debt funds) that are either (a) identified in writing by the Company from time to time or (b) clearly identifiable on the basis of such Affiliate’s name; provided, that, to the extent Persons are identified as Disqualified Institutions in writing by the Company to the Administrative Agent after the Closing Date pursuant to clauses (ii) or (iii)(a), the inclusion of such Persons as Disqualified Institutions shall not retroactively apply to prior assignments or participations in respect of any Loan under this Agreement. Until the disclosure of the identity of a Disqualified Institution to the Lenders generally by the Administrative Agent, such Person shall not constitute a Disqualified Institution for purposes of a sale of a participation in a Loan (as opposed to an assignment of a Loan) by a Lender; provided, that no disclosure of the Disqualified Institutions List (or the identity of any Person that constitutes a Disqualified Institution) to the Lenders shall be made by the Administrative Agent without the prior written consent of the Company. Notwithstanding the foregoing, the Company, by written notice to the Administrative Agent, may from time to time in its sole discretion remove any entity from the Disqualified Institutions List (or otherwise modify such list to exclude any particular entity), and such entity removed or excluded from the Disqualified Institutions List shall no longer be a Disqualified Institution for any purpose under this Agreement or any other Loan Document.

  • approved institution means an entity so named in a Certificate, as hereinafter defined. From time to time, the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.