Examples of Placed Notes in a sentence
The Privately Placed Notes will be sold by the Depositor in one or more separate transactions intended to be exempt from the registration requirements of the Act.
The Privately Placed Notes will be sold by the Depositor in separate transactions intended to be exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”).
The Subordinated Privately Placed Notes will be sold by the Depositor in one or more separate transactions intended to be exempt from the registration requirements of the Act.
The Publicly Offered Notes will constitute indebtedness, and although such conclusion is not free from doubt, the Privately Placed Notes should constitute indebtedness, and not an ownership interest in the automobile loan contracts, nor an equity interest in the trust or in a separate association taxable as a corporation or other taxable entity.
The Privately Placed Notes (as defined on Exhibit B hereto) will be sold by the Depositor in one or more separate transactions intended to be exempt from the registration requirements of the Act.
The Underwritten Notes are being offered and sold by the Issuer to the Initial Purchasers pursuant to the Note Purchase Agreement and the Placed Notes are being sold directly by the Issuer to certain institutional accredited investors (within the meaning of Rule 501(a)(1),(2),(3),(7) or (9) of the Securities Act) pursuant to the Placed Notes Purchase Agreement.
The Issuer understands that the Placement Agent intends (a) to offer the Placed Notes privately and under Regulation S and Rule 144A on the terms set forth in the Final Offering Circular as soon after this Agreement has become effective as in the judgment of the Placement Agent is advisable and (b) to offer the Placed Notes on the terms set forth in the Final Offering Circular with all such purchases to close on December 7, 2023 (the "Closing Date").
As used herein, "Offering Period" shall mean the period commencing on the earlier of the date on which the Placed Notes are first offered and the date hereof and ending on the earlier to occur of (i) the Closing Date and (ii) the termination of this Agreement in accordance with Section 10 hereof.
The Placement Agent shall not have any obligation or liability in respect of the performance by or failure to perform (for any reason) of any purchaser whose offer to purchase Placed Notes from the Issuer has been accepted by the Issuer (whether or not placed by the Placement Agent).
The Issuer understands that each Placement Agent, on behalf of the Issuer, intends (i) to place the applicable Notes privately pursuant to Regulation S, Section 4(a)(2) of the Securities Act or another available exemption under the Securities Act as soon after this Agreement has become effective as in the reasonable judgment of such Placement Agent is advisable and (ii) to place the Placed Notes upon the terms set forth in the Offering Circular.