Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / draft-opinion-no-registration-required.docx
draft-opinion-no-registration-required.docx
Parties
HARKNESS LLP
Quorum Insurance Holdings Corp
Ridgeline Capital Markets LLC
Quorum Premium Finance LLC
Quorum Receivables Holding LLC
Employee Retirement Inc
Brandt LLP
Greer LLP
Dates
October 8, 2022
October 12, 2022
August 3, 2022
July 27, 2022
October 20, 2022
October 22, 2022
June 30, 2022
October 10, 2022
Amounts
$485,000,000
$375,000,000
$75,000,000
$35,000,000
$15,000,000
$500,000,000
$100
$10
$612,000,000
Obligations
Accordingly, the offer, sale, and resale of the Notes must be effected in reliance upon one or more available exemptions from the registration requirements of Section 5 of the Securities Act
The offer and sale must occur in an "offshore transaction" as defined in Rule 902(h)
Each such legend includes a statement that: (a) The Notes have not been registered under the Securities Act or the securities laws of any state or other jurisdiction, and may not be offered, sold, pledged, or otherwise transferred except in compliance with the Securities Act and applicable state securities laws; (b) The Notes may be resold only (i) to the Issuer, (ii) pursuant to Rule 144A to a person whom the seller reasonably believes is a QIB purchasing for its own account or for the account of one or more QIBs, (iii) in an offshore transaction in compliance with Regulation S, (iv) pursuant to an exemption from registration under the Securities Act provided by Rule 144 thereunder (if available), or (v) pursuant to an effective registration statement under the Securities Act, and in each case in accordance with any applicable securities laws of any state of the United States; and (c) The holder of the Notes, by accepting delivery thereof, agrees to the foregoing transfer restrictions and agrees not to offer, sell, pledge, or otherwise transfer the Notes except in compliance therewith
) shall not register any transfer of Notes that does not comply with the applicable transfer restrictions set forth therein
In particular, the Trustee is required to verify that any proposed transferee has delivered the required certifications and representations regarding its QIB or non-U
Such reliance shall not extend to any other matter addressed or referenced in this opinion, and neither Calloway & Brandt LLP nor Ashfield & Greer LLP shall be deemed a Permitted Reliance Party for any other purpose