Examples of Deemed Sale in a sentence

In the event that the Deemed Sale Proceeds plus all other amounts, if any, due to State Street hereunder on the date of the Event of Default is in excess of the Collateral Value of the Securities Loan Collateral on the date of the Event of Default plus all other amounts, if any, due to the Borrower hereunder on the date of the Event of Default, the Borrower shall be liable to State Street for the amount of any excess.
Late Deemed Sale Election With Respect to a Former PFICEffect of ElectionPublicly traded corporations must use fair market value when determining PFIC statusThis is a deemed sale election under section 1298(b)(1) that is made with respect to ausing the asset test.A shareholder making this election is former PFIC after the time prescribed intreated as receiving a dividend of its pro rata Regulations section 1.1298-3(b)(3) hasWho May Make the ElectionLook-thru rule.
If the excess distribution is greater than zero, also complete line 16 of Part V.F Election To Recognize Gain on Deemed Sale of PFIC.
Because the proposed regulations apply a Deemed Sale by the passthrough entity of all its assets for cash equal to the fair market value of the entity’s properties, any gain or loss on the interest sale that is not reflected in the underlying properties of the passthrough entity (as the result of an inside-outside basis disparity) would not create an adjustment.
D Late Deemed Sale Election With Respect to a Section 1297(e) PFIC.

More Definitions of Deemed Sale

Deemed Sale means the sale or transfer for value of the Sponsor Securities from Sponsor to one or more funds or entities affiliated with Sponsor following the IPO Closing for purposes of liquidity (e.g., sales to a “continuation fund”). For the avoidance of doubt, a sale or transfer of the Sponsor Securities from Sponsor to one or more funds or entities affiliated with Sponsor following the IPO Closing for the purposes of rebalancing investments among Sponsor and its affiliates, consolidation with other operating companies (e.g., common-control mergers), any transfer to an alternative investment vehicle and other similar purposes and/or any transfer not involving a disposition for value shall not constitute a Deemed Sale hereunder.

Deemed Sale means an election by the Employer, which must be communicated to the Co-Managers within 48 hours following a proposal by the Co-Managers with respect to a sale of Sargon Securities, to have such Securities deemed “sold” to the Employer at a price equal to either (at the option of the Employer) (i) the closing market price of such Securities on the date of the proposal (the “Proposal Date”) or (ii) the 30-day VWAP, as calculated by Employer in a manner consistent with practices utilized by the Existing Funds, of such Securities for the 30-day period beginning two (2) days following the Proposal Date. In the event of a Deemed Sale, (i) such Securities will be deemed removed from either the Old Sargon Portfolio or the New Sargon Portfolio, as applicable, on the date of the Deemed Sale (i.e., either the date of the proposal or the final day of the 30-day VWAP period) and (ii) from and after such date, the Employer shall make available to the Old Sargon Portfolio or the New Sargon Portfolio, as applicable, an amount in cash or cash equivalents equal to the deemed “purchase price” of such Securities (it being understood and agreed that the foregoing provision is a mere notional calculation and that no actual “sale” for tax or other purposes shall be deemed to have occurred as a result of such calculation).

Deemed Sale as of any date, means the deemed sale following a Qualified Public Offering by Charlesbank Equity Fund IV, Limited Partnership of its shares in the Company at the Fair Market Value in effect on such date.

Deemed Sale means any of the following: (i) A New Vehicle Floorplan Dealership disposes of a New Vehicle by trade with another dealer or other disposition, other than a sale in the ordinary course of such New Vehicle Floorplan Dealership’s business, regardless of whether any payment is due to be made by or to such New Vehicle Floorplan Dealership in respect of such trade or other disposition. (ii) The New Vehicle ceases to meet the criteria contained in the definition of “Eligible New Vehicle” in this Agreement. (iii) Agent reasonably determines that the fair market value of a New Vehicle has significantly declined, regardless of the reason. 2.3.4

Deemed Sale. Any sale of the CBO-2 Collateral, the Combined Collateral or the CBO REIT Stock Collateral, as applicable, to the Repo Purchaser, MLMCI, GACC, the Indenture Trustees (except to the extent either or both of the Indenture Trustees elect not to participate in the Deemed Sale of the CBO-2 Collateral pursuant to Article VII, Section (b)(ii)(A) hereof) or any of their respective affiliates, as acquirors thereof, by and through a Deemed Sale Entity.

Deemed Sale has the meaning indicated in subparagraph 3(C). Agreement Regarding Purchase and Remarketing Options (Livermore/ Parcel 7) — Page 4

Deemed Sale means any direct sale or other direct transfer of the Equity Securities of any Subsidiary of AT&T Comcast (other than to AT&T Comcast or any Subsidiary of AT&T Comcast) if immediately prior to the consummation of such sale the value attributable to the Company Class A Common Stock held directly or indirectly by such Subsidiary represented more than fifty percent of the fair market value of its assets. Table of Contents 57 ARTICLE VIII COVENANTS OF AT&T, AOLTW, COMCAST AND THE COMPANY