initial purchaser

initial purchaser
USA
In the context of securities and capital markets, initial purchasers are entities (typically broker-dealers) that purchase unregistered securities directly from an issuer under a valid private placement exemption under the Securities Act. The securities are sold under the terms of a purchase agreement. In the purchase agreement, the initial purchasers agree to purchase the unregistered securities from the issuer and to only resell them to suitable investors under another applicable registration exemption. Initial purchasers typically act as placement agentswho immediately resell such securities under a registration exemption such as Rule 144A and Regulation S.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

См. также в других словарях:

  • Ford Mustang SSP — Infobox Automobile name=Ford Mustang SSP manufacturer=Ford Motor Company production=1982–1993 class=Sports car / Police car body style=2 door coupe 2 door hatchback platform=FR Fox (1979 2004) transmission=4 Speed Automatic 5 Speed Manual related …   Wikipedia

  • Lawrence Alma-Tadema — Infobox Artist bgcolour = name = Sir Lawrence Alma Tadema imagesize = caption = Lawrence Alma Tadema, Self Portrait, 1896, Oil on canvas, Uffizi, Florence birthname = birthdate = birth date|1836|1|8|mf=y location = Dronrijp the Netherlands… …   Wikipedia

  • Extended warranty — An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers. The extended warranty may be offered by the warranty administrator, the retailer or the… …   Wikipedia

  • James Dean — This article is about the actor. For other uses, see James Dean (disambiguation). James …   Wikipedia

  • Offset agreement — Defense offset agreements are legal trade practices in the aerospace and military industries. These commercial practices do not need state regulations but, since the purchasers are mostly military departments of sovereign nations comparable to… …   Wikipedia

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Gun laws in the United States (by state) — U.S. Firearms Legal Topics Assault weapons ban ATF Bureau Brady Handgun Violence Prevention Act Concealed carry in the U.S. Domestic Violence Offender Gun Ban …   Wikipedia

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • ECONOMIC HISTORY — This article is arranged according to the following outline: first temple period exile and restoration second temple period talmudic era muslim middle ages medieval christendom economic doctrines early modern period sephardim and ashkenazim… …   Encyclopedia of Judaism


Поделиться ссылкой на выделенное

Прямая ссылка:
Нажмите правой клавишей мыши и выберите «Копировать ссылку»