Examples of Qualified Purchaser in a sentence
The Judicial Council shall notify the Lender or Qualified Purchaser, as applicable, and Licensee of the Judicial Council’s determination as to whether the proposed Substitute Licensee satisfies the requirements of this section within thirty (30) calendar days of the Judicial Council’s receipt of all the required supporting documentation.
The trustee or other person responsible for making investment decisions for the trust, account or plan is, and each grantor or other person who has contributed assets to the trust, account or plan was at the time of such contribution, a person described in item (a) or (d) or a Qualified Purchaser because he/she is an individual who owns (alone or jointly with his/her spouse) at least $5,000,000 in Investments.
Alternatively, in situations in which the non-conforming product has already been installed, PABCO shall reimburse the Qualified Purchaser for the reasonable cost of repair or replacement of the non-conforming Product up to a maximum amount equal to two (2) times the original uninstalled purchase price of the non-conforming Product.
The Qualified Purchaser must grant reasonable access for inspection and shall not make any alteration or repair to Product before PABCO inspects it.
The trustee or other person responsible for making the decision to invest in the Fund is, and each grantor or other person who has contributed assets to the trust was at the time of contribution of assets to the trust, a person described in item (a) or (d) or a Qualified Purchaser because he/she is an individual who owns (alone or jointly with his/her spouse) at least $5,000,000 in Investments.