Direct Exchange definition

Direct Exchange has the meaning set forth in Section 11.03(a).
Direct Exchange is defined in the recitals to this Agreement.
Direct Exchange has the meaning set forth in Section 2.6 of this Agreement.

Examples of Direct Exchange in a sentence

  • Unless otherwise required by applicable Law, the parties hereto acknowledge and agree a Redemption or a Direct Exchange, as the case may be, shall be treated as a direct exchange between Pubco and the Redeeming Partner for U.S. federal and applicable state and local income tax purposes.

  • This Agreement shall continue notwithstanding the consummation of a Redemption or Direct Exchange and all governance or other rights set forth herein shall be exercised by the remaining Partners and the Redeeming Partner (to the extent of such Redeeming Partner’s remaining interest in the Partnership following such Redemption or Direct Exchange).

  • No Redemption or Direct Exchange shall relieve a Redeeming Partner of any prior breach of this Agreement.

  • Pubco covenants that all Class A Common Stock issued upon a Redemption or Direct Exchange will, upon issuance, be validly issued, fully paid and non-assessable.

  • Upon such Direct Exchange pursuant to this ‎Section 10.03, Pubco shall acquire the Redeemed Units and shall be treated for all purposes of this Agreement as the owner of such Units.


More Definitions of Direct Exchange

Direct Exchange has the meaning set out in Section 2.8 of this Schedule A;
Direct Exchange has the meaning set forth in the Recitals of this Agreement.
Direct Exchange has the meaning set forth in Section 2.1(g).
Direct Exchange means the activity of electronic transmission of health information through a direct connection between the electronic record systems of health care providers without the use of a health information exchange.
Direct Exchange has the meaning given to such term in the Exchange Agreement.
Direct Exchange has the meaning set forth in Section 11.03(a). “Discount” has the meaning set forth in Section 6.06.
Direct Exchange means the transmission and receipt (i.e., exchange) of Data between or among specific Participants where each such Participant has a relationship with the Patient about whom the information pertains. For example, a physician may receive lab results using Direct Exchange services provided by the Contexture System.