Interested Person Transaction and Interested Party Sample Clauses

Interested Person Transaction and Interested Party. Transaction (collectively, the “Related Party Transaction”) As at the date of this announcement, the FEO Group holds an aggregate direct and indirect interest in approximately 59.4% of the total number of Stapled Securities in issue as at the date of this announcement, and is therefore regarded as a “controlling unitholder” of Far East H-REIT under both the Listing Manual and Appendix 6 of the Code on Collective Investment Schemes issued by the Monetary Authority of Singapore (the “Property Funds Appendix”) and a “controlling unitholder” of Far East H-BT under the Listing Manual. In addition, as the Managers are members 4 of the FEO Group, the FEO Group is therefore regarded as a “controlling shareholder” of the REIT Manager under both the Listing Manual and the Property Funds Appendix and a “controlling shareholder” of the Trustee-Manager under the Listing Manual. As Far East SOHO Pte. Ltd. (being the Master Lessee and Vendor) is a member of the FEO Group, which is regarded as a “controlling unitholder” of Far East H-REIT and Far East H-BT and a “controlling shareholder” of the Managers for the purposes of Chapter 9 of the Listing Manual, Far East SOHO Pte. Ltd. is (for the purposes of the Listing Manual) an “interested person” of Far East H-REIT. Therefore, the Acquisition, the Master Lease and the Earn-out Agreement will constitute Interested Person Transactions5 under Chapter 9 of the Listing Manual, and the Acquisition will also constitute an Interested Party Transaction6 under the Property Funds Appendix, in respect of which approval of the holders of Stapled Securities (“Stapled Securityholders”) is required.
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Related to Interested Person Transaction and Interested Party

  • Interested Transactions An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.7 because the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted by the terms of this Agreement.

  • Interested Person 2 (l) Investment Adviser.............................................. 2 (m) Series.......................................................... 2

  • Interested Persons It is understood that Trustees, officers, and shareholders of the Trust are or may be or become interested in the Advisor or the Sub-Advisor as directors, officers or otherwise and that directors, officers and stockholders of the Advisor or the Sub-Advisor are or may be or become similarly interested in the Trust, and that the Advisor or the Sub-Advisor may be or become interested in the Trust as a shareholder or otherwise.

  • Related Person Transactions Except for indemnification, compensation or other employment arrangements in the ordinary course of business, there are no Contracts, transactions, arrangements or understandings between the Company or any of its Subsidiaries, on the one hand, and any Affiliate (including any director or officer) thereof, but not including any wholly owned Subsidiary of the Company, on the other hand, that would be required to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC in the Company’s Form 10-K or proxy statement pertaining to an annual meeting of stockholders.

  • Interested Parties The Issuing Entity and each other party identified or described in the Pooling Agreement or the Further Transfer Agreements as having an interest as owner, trustee, secured party or holder of Securities.

  • Interested Party Transactions 26 2.19 Insurance............................................................... 26

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Affiliated Transactions The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary or contractual obligations the Initial Stockholders might have.

  • Permitted Transactions The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

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