Exchange Transfer definition

Exchange Transfer is defined as a transfer which shall occur when two or more unit members of the bargaining unit and their respective principals agree in writing to an exchange of the unit members' respective positions of employment. Exchange Transfer agreements shall take place between May 15 and June 15.
Exchange Transfer means a transfer that results from two unit members filing voluntary transfer requests who are permitted to exchange positions following the procedures described in paragraph E.3 of this Article.
Exchange Transfer means a Transfer of LP Units to a Public General Partner in connection with an Exchange. Exempt Transfer shall mean (i) a Transfer described in Section 1.7704- 1(e)(1)(iv) of the Treasury Regulations, involving the issuance of Partnership Interests by or on behalf of the Partnership to a Qualified Person in exchange for cash, property or services; (ii) a Transfer described in Section 1.7704- 1(e)(1)(ii) of the Treasury Regulations, by an individual Unitholder at his death, or by his estate or testamentary trust, of Units to a Partner, (iii) a Transfer described in Section 1.7704-(e)(1)(vii) of the Treasury Regulations, pursuant to a right under a redemption or repurchase agreement (as defined in Section 1.7704-1(e)(3) of the Treasury Regulations) that is exercisable only upon the death, disability or mental incompetence of an individual Unitholder or upon the retirement or termination of the performance of services of an individual Unitholder who actively participated in the management of, or performed services on a full-time basis for, the Partnership, (iv) a Foreclosure Block Transfer, (v) a Compliant Block Transfer, or (vi) a Noncompliant Block Transfer, but only to the extent of two Noncompliant Block Transfers in any calendar year, or (vii) a Permitted Lien Transfer, or (viii) a Compliant Redemption Transfer effected pursuant to Section 11.4(a), but only to the extent of one group of simultaneous Compliant Redemption Transfers in any calendar year, or (ix) a Compliant Redemption Transfer effected pursuant to Section 11.4(b), but only to the extent of two groups of simultaneous Compliant Redemption Transfers in any calendar year. Expenses is defined in Section 15.1.

Examples of Exchange Transfer in a sentence

  • Exchange Transfer agreements shall be of a specified duration (trimester, semester or year), not to exceed one year.

  • Exchange Transfer" is defined as a transfer that shall occur when two or more unit members of the bargaining unit and their respective principals, subject to the approval of the Superintendent/designee, agree in writing to an exchange of the unit members' respective positions of employment.


More Definitions of Exchange Transfer

Exchange Transfer means the Transfer all of the Exchange Interests to the Exchange Owner or the Exchange Owner Affiliate. “Qualified Intermediary” is _______________, a Delaware corporation. [SEE COMMITMENT] “Relinquished Property” is the to-be identified property that will be relinquished (i.e., sold by the Exchange Owner) in the Reverse Tax-Deferred Exchange.
Exchange Transfer means the Transfer of all the Exchange Interests to the Exchange Owner or the Exchange Owner Affiliate.