Exempted Transaction definition

Exempted Transaction means a securities transaction listed in Section D.2. The purchase or sale of a security through an Exempted Transaction generally IS exempted from the prohibition on purchases in Section D.1., and the sale pre-approval requirements in Section D.3., UNLESS otherwise noted in Section VI. An Exempted Transaction generally IS NOT exempted from the general conduct guidelines in Section C, or the reporting requirements in Section E.1.

Exempted Transaction means any transaction that the Board of Directors determines, in its sole discretion, is an “Exempted Transaction,” which determination shall be irrevocable.

Exempted Transaction means any transaction that the Board of Directors determines, in its sole discretion, is exempt from this Agreement, which determination shall be made in the sole and absolute discretion of the Board of Directors prior to the date of such transaction, including, without limitation, if the Board of Directors determines that (i) neither the Beneficial Ownership of shares of Common Stock by any Person, directly or indirectly, as a result of such transaction nor any other aspect of such transaction would jeopardize or endanger the availability to the Company of the Tax Benefits or (ii) such transaction is otherwise in the best interests of the Company. In granting an exemption under this definition, the Board of Directors may require any Person who would otherwise be an Acquiring Person to make certain representations or undertakings or to agree that any violation or attempted violation of such representations or undertakings will result in such consequences and subject to such conditions as the Board of Directors may determine in its sole discretion, including that any such violation shall result in such Person becoming an Acquiring Person.

Examples of Exempted Transaction in a sentence

• A condition that refers to a Particulars of Exempted Transaction form shall be deemed to exclude a reference to that form.

• Notwithstanding the foregoing, in no event will the sale or transfer of a school by EDMC qualify as an Exempted Transaction if (a) the school was among the largest 11% of school locations at EDMC (excluding the impact of students attending fully online programs) based on the average starting student body during the fiscal year ended June 30, 2015, or (b) the Acquiring Company is owned or controlled by any person or entity affiliated with EDMC or any EDMC board member or officer.

• Exempted Transaction This Chapter does not apply to agreements for the rental of property in which the person who rents the property has no legal right to become the owner of the rented property.

• The parties’ respective addresses are set forth below: HEB: H-E-B, LP 000 Xxxxx Xxxx Xxx Xxxxxxx, XX 00000 Attn: Vice President of Real Estate EDP: Essential Xxxxxxxx, XX 0000 Xxxxxxx Xxx, Xxxxx 0000 Xxxxxx, XX 00000 Attn: Xxxx Xxxxxxxx With a copy to: Winstead PC 000 Xxxxxxxx Xxxxxxxx 0000 X.

• Such communication shall also set forth each Exempted Transaction and each Transaction carried out in implementation of a Framework Resolution.

More Definitions of Exempted Transaction

Exempted Transaction is any transaction that the Board of Directors of the Company determines, in its sole discretion, is an “Exempted Transaction,” which determination shall be irrevocable.

Exempted Transaction means any transaction that the Board, in its sole discretion, has declared exempt pursuant to Section 35, which determination shall be irrevocable with respect to such transaction.

Exempted Transaction means the transfer of goods outside the State by any VAT dealer otherwise than by way of sale;

Exempted Transaction shall have the meaning set forth in the definition of Acquiring Person, as amended herein.

Exempted Transaction means any transfer or issue of shares and/orother securities giving a right to purchase shares in the Company or which are convertible into shares in the Company to Speedtime Group or any direct or indirect acquisition (including, without limitation, by means of entry into a voting arrangement) of an interest in shares and/or other securities giving a right to purchase shares in the Company or which are convertible into shares in the Company by Speedtime Group;

Exempted Transaction means any of the following:

Exempted Transaction means a foreign exchange forward transaction (FX forward) that is physically settled and is entered into in order to facilitate payment for identifiable goods, services or direct investments as described in Article 10.1(b) of the Commission Delegated Regulation (EU) no. 2017/565 of 25 April 2016 and is not traded on a trading venue.