104H Trustee definition

104H Trustee means the trustee appointed in accordance with the provisions of Section 104H of the Israeli Income Tax Ordinance and the provisions of the Interim 104H Tax Ruling and/or the Israeli 104H Tax Ruling.
104H Trustee means the trustee appointed by Otic Pharma in accordance with the provisions of Section 104H of the Israeli Income Tax Ordinance, and to be approved by the ITA in the 104H Ruling.
104H Trustee means IBI Trust Management, appointed as a trustee for the purposes of Section 104H of the Ordinance.

Examples of 104H Trustee in a sentence

  • If the 104H Tax Ruling is not granted prior to the Closing or in accordance with the instructions of the ITA, Check-Cap shall obtain prior to the Closing an interim tax ruling confirming, among other things, that PubCo and any Person acting on its behalf (including the Exchange Agent) shall be exempt from Israeli withholding Tax in relation to any payments made to the 104H Trustee (the “104H Interim Tax Ruling”).

  • Upon obtaining each of the 104H Tax Ruling and the 104H Interim Tax Ruling, Check-Cap, PubCo, the 104H Trustee and each Electing Holder (each, if required) shall furnish to the ITA customary approval letters of the terms of such ruling.

  • Michele Coleman-Mayes, Fix The System, Not the Women, 23.3 PerSPeCTiveS 2 (Winter 2015) (discussing gender pay equity and transparency in compensation).

  • Notwithstanding anything to the contrary set forth in this Agreement, the Paying Agent shall deliver any shares of Buyer Common Stock that are part of the Aggregate Closing Consideration to the 104H Trustee acting pursuant to the applicable provisions of the Israeli Income Tax Ordinance, the Israeli 104H Tax Ruling or the Section 104H Interim Tax Ruling.

  • Except as otherwise expressly provided herein or as between the applicable Parties, in the BCA (and as between the 104H Trustee and SM only, in the Trust Agreement), any and all remedies herein expressly conferred upon a party hereto will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party, and the exercise by a party hereto of any one remedy will not preclude the exercise of any other remedy.

  • The Equity Consideration shall be held in a separate account in the name of the Payment Agent (including in its capacity as the 104H Trustee, if applicable) and shall be distributed to the applicable Equityholders in accordance with the Share Purchase Agreement, the Proceeds Allocation Schedule, the terms hereof and the provisions of the 104H Tax Ruling or the 104H Interim Ruling, as applicable.

  • The 104H Trustee shall have no duty to supervise, and shall in no event be liable for the acts, errors or omissions of the Escrow Agent.

  • Except as expressly provided in Section 8 above, nothing in this Agreement, whether express or implied, shall be construed to give to any person or entity other than the Escrow Agent, the 104H Trustee and the Parties any legal or equitable right, remedy, interest or claim under or in respect of this Agreement or any funds escrowed hereunder.

  • Upon the written request of any Person with respect to which amounts were deducted or withheld, the Company or the 104H Trustee shall provide such Person with a copy of documentary evidence of remittance of such amounts upon request from the Party making such deduction or withholding.

  • The Owners’ causation and redressability problems highlight the federalism and comity concerns that are inherent in the judicial-takings theory.


More Definitions of 104H Trustee

104H Trustee means, a trustee nominated under a ruling from the ITA, who shall hold the Merger Consideration paid to NDX shareholders under a tax arrangement in accordance with section 104H of the Israeli Income Tax Ordinance.
104H Trustee means the trustee appointed in accordance with the provisions of Section 104H of the Israeli Income Tax Ordinance and the provisions of the Interim 104H Tax Ruling and/or the Israeli104H Tax Ruling.
104H Trustee means the trustee appointed by the Company in accordance with the provisions of Section 104H of the Israel Tax Ordinance, and to be approved by the Israel Tax Authority in the 104H Ruling.
104H Trustee means IBI Trust Management, appointed as a trustee for the purposes of Section 104H of the Ordinance. “Action” means any claim, action, suit, arbitration, inquiry, proceeding or investigation by or before any Governmental Entity. “Affiliate” as applied to any Person, means any other Person directly or indirectly controlling, controlled by, or under commoncontrol with, that Person; for purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,” “controlled by” and “under common control with”), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of that Person, whether through the ownership of voting securities, by Contract or otherwise.
104H Trustee shall have the meaning set forth in Section ‎3.5(b).
104H Trustee means the trustee appointed in accordance with the provisions of Section 104H of the ITO and the provisions of the 104H Tax Ruling.

Related to 104H Trustee

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.