; or (ii) a reverse inquiry from a prospective purchaser of a senior, secured syndicated loan through a dealer in the loan market to purchase a senior, secured syndicated loan to be sourced by the dealer in the loan market. (H) Qualified investor The term qualified investor means— (i) with respect to securities that require the payment of principal and interest, an investor that is a qualified purchaser, within the meaning of section 3(c)(7) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–3(c)(7) ) or an entity owned exclusively by one or more qualified purchasers; or (ii) with respect to securities that do not require the payment of principal and interest— (I) if the qualified collateralized loan obligation relies on such section for its exclusion from the definition of investment company under the Investment Company Act of 1940— (aa) a qualified purchaser; (bb) a knowledgeable employee, within the meaning of Rule 3c–5 promulgated under the Investment Company Act of 1940; or (cc) an entity owned exclusively by such a qualified purchaser or knowledgeable employee; or (II) if the qualified col­lat­er­a­lized loan obligation relies on Rule 3a–7 promulgated under the Investment Company Act of 1940 for its exclusion from the definition of investment company under that Act and such securities are not fixed-income securities, as defined in such rule— (aa) a qualified in­sti­tu­tion­al buyer, within the meaning of Rule 144A under the Securities Act of 1933; (bb) a person (other than any rating organization rating the issuer’s securities) involved in the organization or operation of the issuer or an affiliate of such a person, as defined in Rule 405 under the Securities Act of 1933; or (cc) any entity in which all of the equity owners are such qualified institutional buyers as described in item (aa) or persons described in item (bb). .