Examples of QIB Letter in a sentence
Prior to any sale of Offered Units, the Unit Shares or Warrants to a U.S. Offeree, we caused each such U.S. Offeree who is (i) a Qualified Institutional Buyer to execute and a QIB Letter in the form of Exhibit I to the U.S. Memorandum or (ii) an Institutional Accredited Investor to execute a U.S. Subscription Agreement substantially in the form of Exhibit II to the U.S. Memorandum.
Investors who are located in the United States of America will be required to execute and deliver an QIB investor letter ("QIB Letter"), a copy of which is available from shareholders' CSDPs, prior to taking up or transferring Rights in the Rights Offer or acquiring Rights Offer Shares in the Rights Offer.Shareholders who are required to submit a QIB Letter must do so by emailing same to the Company Secretary ate ml@advancedhealth.co.za on or before 12:00 on Friday, 26 March 2021.
Each person purchasing Offered Units in the United States will be, prior to the sale of Offered Units to such persons, required to execute either a QIB Letter, if the Agent reasonably believes such purchaser is both a U.S. Accredited Investor and a Qualified Institutional Buyer, or a U.S. Subscription Agreement, as applicable.
Approximately one week later, an unnamed CSP Trooper told Orr, “I wouldn’t have made that arrest.”3 Id. at ¶ 15.
The Warrant Agent further understands and acknowledges that Warrantholders that have executed and delivered a QIB Letter are required to be a Qualified Institutional Buyer and/or an Accredited Investor in connection with the exercise of Warrants by such Warrantholders.