Examples of Specified Investor in a sentence
If the Specified Investor requests that it be treated as a non-Specified Inves- tor, the Registered Entity must accept the request and, as prescribed in Article 34-2, Paragraph 3 of the FIEL, deliver in advance to such Specified Investor a document stating (i) the date of acceptance, (ii) the type of agreement and (iii) other relevant matters.
If a Registered Entity receives an offer to enter into a Discretionary Investment Management Agreement or Investment Advisory Agreement from a new client that is not a QII but is a Specified Investor, the Registered Entity must give notification to the Specified Investor client by the time of entering into the agreement that the Specified Investor is entitled to be treated as a non-Specified Investor at its request, as prescribed in Article 34 of the FIEL.
If a Specified Investor is entitled to Piggyback Rights hereunder and wishes to exercise its Piggyback Rights it shall deliver to the Company a written notice (i) within two Business Days after the receipt of the Company’s notice or (ii) at least one day prior to the first use of a preliminary prospectus in connection with such Underwritten Offering, whichever is earlier.
Although Article 45 of the Act does not apply to duty to deliver management reports, if the counterparty to the contract for SPBQIIs is a Specified Investor, the delivery obligation will be exempted.76 Practical Points Because there is no grace period in place for expansion of conduct control, it is necessary to note that such expansion will be implemented immediately on the effective date.
This allows us to see both how the narrative is structured in terms of component parts and the function that each component plays in telling the story.