Block Transfer means the transfer by a Unit Holder in one or more transactions during any thirty consecutive day period of Units representing in the aggregate more than 5% of the total interests in Partnership capital or profits. The term "Matching Service" has the meaning and the conditions to sale ascribed to it in Internal Revenue Service Notice 88-75. For purposes of the above limitations, the percentage of Units transferred during a taxable year shall equal the sum of the monthly percentage of Units transferred. The monthly percentage of Units transferred in any month shall be the percentage equal to a fraction the numerator of which is the number of Units transferred during such month and the denominator of which is the number of Units outstanding on the last day of such month, provided that the denominator shall not include Units owned by the General Partner or any Person related to the General Partner (within the meaning of Section 267(b) or 707(b)(1) of the Code);
Block Transfer. Is a CareFirst approved request from a Contracted Broker/Agent that allows for the movement of Broker/Agent’s CareFirst entire or partial book of business from either a direct Broker status to a qualified Full-Service Producer or qualified General Producer status, or vice versa, or to a different qualified Full-Service or General Producer. A block transfer can also include the movement of a Contracted Agent’s or Producing Agent’s book of business to another Contracted Brokerage/Agent following the formation or dissolution of a partnership or corporation. Appropriate documentation may be requested at the discretion of the Insurer.
Block Transfer means the transfer by a Partner in one or more transactions during any 30 calendar day period of Partnership Interests representing in the aggregate more than 5% of the total interest in Partnership capital or profits. (i)
Examples of Block Transfer in a sentence
STUDENT MOBILITY AND BLOCK TRANSFER Student Mobility Trends Canada-wide mobility.
BLOCK TRANSFER, BLOCK TRANSFER AGREEMENTS (BTAS), AND THE BLOCK TRANSFER GUIDE The BC Transfer System: Past and Present 1966 to 1996.
BLOCK TRANSFER OF GENERAL EDUCATION: Transfer students with an earned Associate of Arts or Associate of Science degree in an academic major from a regionally accredited college in the U.S or a degree from an international academic institution with English as the language of instruction that is equivalent to a U.S. degree have met Woodbury University’s lower-division general education requirements.
More Definitions of Block Transfer
Block Transfer means a transfer or redirection of two thousand (2,000) or more enrollees by a plan from a Terminated Provider Group or Terminated Hospital to one or more contracting providers that takes place as a result of the termination or non-renewal of a Provider Contract. The Plan’s Compliance Officer must be made aware of any proposed Block Transfers, in order to complete the appropriate filing with the Department of Managed Health Care (DMHC).
Block Transfer means a transfer which involves the transfer in a single transaction of all the sums or assets held for the purposes of, or representing accrued rights under, the arrangements under the pension scheme from which the transfer is made which relate to the individual and at least one other member of that pension scheme, and
Block Transfer means a transfer involving a group of members (i.e. at least two members) from one registered pension schemes to another, such as due to an employer rearranging its pension schemes or as part of a business transaction.
Block Transfer shall not apply to any distribution by any Person to holders of equity interests in such Person (whether or not such holders might otherwise collectively be deemed a person for purposes of Section 13(d)(3) of the Exchange Act), except to the extent that any individual acquires 5% or more of the Fully Diluted Common Stock, and then only with respect to such individual.
Block Transfer means a sale by one or more Restricted Shareholders (as hereinafter defined) to any Third Party (as hereinafter defined) of more than 300,000 shares of Common Stock sold off the OTC Bulletin Board or other exchange on which the Company's Common Stock is then traded.
Block Transfer means a transfer in a single transaction or series of transactions from a scheme of all the sums or assets held for the purposes of, or representing, or derived from—
Block Transfer means the transfer of Shares by any Shareholder, at any time, equal to or exceeding five percent (5%) of the capital stock and voting rights of the Company.