INHAM Exemption definition

INHAM Exemption is defined in Section 6.2(e).

INHAM Exemption shall have the meaning set forth in paragraph 9B.

INHAM Exemption is defined in Section 6.2(e). “Institutional Investor” means (a) any original Purchaser of a Bond, (b) any holder of a Bond holding (together with one or more of its Affiliates) more than $1,000,000 in aggregate principal amount of the Bonds then outstanding, (c) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form, and (d) and Related Fund of any holder of any Bond. “Internal Controls” is defined in Section 5.19(a)(iii). “Lien” is defined in Section 5.2(d). “Make-Whole Amount” is defined in the Supplemental Indenture. “Material” means material in relation to the business, results of operations, financial condition, assets or properties of the Company and its Subsidiaries, if any, taken as a whole. “Material Adverse Effect” means a material adverse effect on (a) the business, results of operations, financial condition, assets or properties of the Company and its Subsidiaries, if any, taken as a whole, or (b) the ability of the Company to perform its obligations under this Agreement, the Bonds, the Mortgage or any other Bond Document, or (c) the validity or enforceability of this Agreement, the Bonds, the Mortgage or any other Bond Document. “Memorandum” is defined in Section 5.3.

Examples of INHAM Exemption in a sentence

• If the Department chooses instead to use an assets-under-management test, we hope that it will choose the $50 million test in the INHAM Exemption (PTE 96-23) or the $85 million test in QPAM.

• If you’re not registered, you’re limited to no more than 25 percent of any classin your fund being ERISA money.” On how to become a qualified plan asset manager and consequences ofthe designation, see “How Can Hedge Fund Managers Managing Plan Asset Funds Comply with the QPAM and INHAM Exemption Requirements?,” The Hedge Fund Law Report, Vol.

• Unanswered Questions and Material Implications The advisory opinion does not address whether any prohibited transaction exemptions other than the QPAM or INHAM Exemption might apply in this context.

• Because DCMC is directing an exchange in which it is on both sides of the transaction, DCMC does not believe the INHAM Exemption applies to the contemplated transaction.

• For example, these requirements are substantially similar to the requirements in the Qualified Professional Asset Manager (QPAM) Exemption, PTE 84- 14, as amended in 2010, as well as the In-House Asset Manager (INHAM) Exemption, PTE 96-23.

More Definitions of INHAM Exemption

INHAM Exemption shall have the meaning provided in Section 6.2(e).

INHAM Exemption has the meaning set forth in Section 4.3(a)(iii)(z) of the Purchase Agreements.

INHAM Exemption has the meaning specified in Section 10.10(b)(v).

INHAM Exemption is defined in Section 6.2(e). “Indebtedness” with respect to any Person means, at a particular time, without duplication, (a) all obligations of such Person for borrowed money or with respect to deposits or advances of any kind, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person upon which interest charges are customarily paid (excluding trade accounts in the ordinary course of business so long as such trade accounts are timely paid or contested within the ordinary course of business), (d) all obligations of such Person under conditional sale or other title retention agreements relating to property acquired by such Person, (e) all obligations of such Person in respect of the deferred purchase price of property or services (excluding current accounts payable incurred in the ordinary course of business), (f) all Indebtedness of others secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed, (g) all Guarantees by such Person of Indebtedness of others, provided that for purposes of calculating Indebtedness for this clause (g), any customary non-recourse carve-out Guarantees that are not being enforced and for which no demand has been made thereunder shall be valued at $0, (h) all Capital Lease Obligations of such Person, (i) all obligations, contingent or otherwise, of such Person as an account party in respect of letters of credit and letters of guaranty, (j) all obligations, contingent or otherwise, of such Person in respect of bankers’ acceptances and (k) all obligations under or in respect of Swap Agreements. The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor.

INHAM Exemption means PTE 96-23.

INHAM Exemption is defined in Section 6.2(e) of the Second Supplement.

INHAM Exemption is defined in Section 6.2(e). Schedule B