Exempt Transfer definition

Exempt Transfer means, in relation to shares held by a member:

Exempt Transfer has the meaning set forth in Section 9.1(b).

Exempt Transfer means, with respect to any Member Shares of any Member, any Disposition:

Examples of Exempt Transfer in a sentence

• This is the second situation that will be classified as an Exempt Transfer if the criteria are met.

• Where the Board is satisfied that the only difference between the Transferring Scheme’s assets and liabilities and the Receiving Scheme’s assets and liabilities is because of the creation of nominal accrual in the Receiving Scheme, or because of immaterial liabilities, this should not, of itself, prevent a successful application for a transfer to be treated as a 1-to-1 Exempt Transfer.

• Schemes should note that if a Full Transfer is to a newly established scheme that would be a New Scheme under the Levy Determination, or a scheme that is not yet required to complete a Section 179 Valuation, the Board's block transfer certification requirements will apply unless the transfer can be classified as an Exempt Transfer.

• Once the completed Exempt Transfer Application Form and the above evidence is received, the Board will consider whether it satisfies the criteria of Rule F4.

• Once the Exempt Transfer Application Form and the above evidence is received, the Board will consider it.

More Definitions of Exempt Transfer

Exempt Transfer has the meaning set forth in Section 7.3 hereof.

Exempt Transfer has the meaning set forth in Section 2D.

Exempt Transfer means, in relation to shares held by a Member, a transfer by way of, or in pursuance of, acceptance of a takeover offer for the Company meaning an offer to acquire all the shares, or all the shares of any class or classes, in the Company (other than shares which at the date of the offer are already held by the offeror), being an offer on terms which are the same in relation to all the shares to which the offer relates or, where those shares include shares of different classes, in relation to all the shares of each class (or an amalgamation or scheme of arrangement having equivalent effect).

Exempt Transfer has the meaning set forth in Section 2.1.

Exempt Transfer means (i) a sale, assignment, transfer or other disposition pursuant to a registered offering under the Securities Act or in a broker transaction pursuant to Rule 144 under the Securities Act (including the volume limitations thereunder, if applicable), (ii) a pledge or other hypothecation of Common Shares pursuant to a bona fide financing transaction with a third party, and any foreclosure or transfer in lieu of foreclosure of such Common Shares in connection therewith, or (iii) a transfer in connection with a tender or exchange offer made to all stockholders of the Company.

Exempt Transfer as applied to any Shareholder, shall mean (a) any sale or Transfer permitted by the Registration Agreement, (b) any Permitted Affiliate Sale, (c) in the case of an individual, any Transfer to a member of the Family of such Shareholder, or a trust or other entity for the sole benefit of a member of the Family of such Shareholder, if such individual or trust or other entity agrees to be bound by the terms of this Agreement and executes a joinder hereto, or (d) any Transfer to another Shareholder.

Exempt Transfer has the meaning set forth in Section 3.1(b).