Prohibited Transferee definition

Prohibited Transferee means any Person who is a:

Prohibited Transferee means any of the Persons listed on Schedule I attached to this Agreement.

Prohibited Transferee means any Person who, to the knowledge of the Stockholder (with respect to clause (ii), based solely upon publicly available information), is (i) a Company Competitor or (ii) a Person or Group (other than a Permitted Transferee) who at the time of such Transfer Beneficially Owns more than 5% of the Voting Securities.

Examples of Prohibited Transferee in a sentence

• Buyer is not a Prohibited Transferee as that term is defined in the IRA.

• Any vote cast by a Prohibited Transferee prior to the discovery by the Corporation that the shares of Common Stock have been transferred to the Trustee will be rescinded as void ab initio and shall be recast in accordance with the desires of the Trustee acting for the benefit of the Charitable Beneficiary.

• Purchaser’s license to the Core Art shall automatically terminate and all rights shall revert to Nfinita if at any time: (i) Purchaser breaches any portion of this Agreement or (ii) Purchaser engages in any unlawful activity related to an OnChainMonkey (including transferring an OnChainMonkey to a Prohibited Transferee).

• The term “Trustee” shall mean the Person unaffiliated with either the Corporation or the Prohibited Transferee that is appointed by the Corporation to serve as trustee of the Trust.

• During such time that a Member is a Prohibited Owner or Prohibited Transferee (as defined below), the use, voting (if any) and other rights attached to the Club Points owned by the Prohibited Owner shall be held by the Responsible Entity.

More Definitions of Prohibited Transferee

Prohibited Transferee means any Person which is, or whose Affiliate is, (i) adverse in any pending or threatened action involving any Member (or Affiliate thereof) or the Company (unless the Members, excluding the transferor, have consented to such transferee), (ii) a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or (iii) during the Recapture Period, a Tax Exempt Entity.

Prohibited Transferee means, in respect of any transfer or sub-participation:

Prohibited Transferee means any hedge fund, any so-called vulture fund or loan-to-own fund, any distressed debt fund or any other fund that is similar to any of the foregoing.

Prohibited Transferee. The meaning set forth in the Fee Letter, which definition is incorporated by reference herein.

Prohibited Transferee means any Person set forth on Section S-5.1 of the Company Disclosure Letter.

Prohibited Transferee means (i) any Company Competitor; (ii) any current or potential future provider of Company within the insurance, retail banking or telecommunications industry; (iii) any Person whose involvement or investment in the Business is or could reasonably be, as determined by the Directors, damaging to the reputation of the Business, and in each case of (i) and (ii), unless otherwise determined by the Directors; or (iv) any person who (a) is named on (1) lists promulgated by the United Nations Security Council or its committees pursuant to resolutions issued under Chapter VII of the United Nations Charter or (2) the World Bank Listing of Ineligible Firms (see xxx.xxxxxxxxx.xxx/xxxxxx); (b) is targeted by or subject to any sanction administered or enforced by the Office of Foreign Assets Control of the US Department of the Treasury, the U.S. Department of State or under a UN Security Council Resolution; or (c) is a Politically Exposed Person.

Prohibited Transferee has the meaning set forth in Section 2.3(c).