Qualified Independent Underwriter definition

Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of FINRA Rule 5121.
Qualified Independent Underwriter shall have the meaning assigned to such term in FINRA Rule 5121(f)(12).
Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of NASD Conduct Rule 2720.

Examples of Qualified Independent Underwriter in a sentence

  • If the Investor, based upon the advice of its counsel, determines that a Qualified Independent Underwriter must participate in the transactions contemplated by the Transaction Documents in order for such transactions to be in full compliance with FINRA’s rules, the Company and the Investor shall have executed such documentation as may reasonably be required to engage a Qualified Independent Underwriter to participate in such transactions.


More Definitions of Qualified Independent Underwriter

Qualified Independent Underwriter means, in respect of the distribution of securities of a Dealer Member corporation or a holding company of a Dealer Member corporation, a securities firm which is a member of a self-regulatory organization, and:
Qualified Independent Underwriter means an underwriter meeting the requirements of Section 2(1) of Schedule E to the NASD By-Laws as the same may be amended from time to time.
Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of FINRA Rule 5121. “Registrable Securities” means any Company Shares held by the Holders at any time (including those held as a result of the conversion or
Qualified Independent Underwriter means for a distribution of a Dealer Member’s securities or its holding company’s securities, a securities firm that is a self-regulatory organization member and:
Qualified Independent Underwriter that is required to be retained in accordance with the rules and regulations of the NASD;
Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of NASD Conduct Rule 2720. “Records” has the meaning ascribed to such term in S ection 2.4(k).
Qualified Independent Underwriter. (as defined in Rule 2720) to participate in the preparation of the Registration Statement relating to such Securities, to exercise usual standards of due diligence in respect thereto and, if any portion of the offering contemplated by such Registration Statement is an underwritten offering or is made through a placement or sales agent, to recommend the yield of such Securities, (ii) indemnifying any such qualified independent underwriter to the extent of the indemnification of underwriters provided in Section 5 hereof and (iii) providing such information to such broker-dealer as may be required in order for such broker-dealer to comply with the requirements of the Rules.