GVP (HUF definition

GVP (HUF means the Hindu Undivided Family of which GVP is the karta and which shall consist of GVP, GA and their Bloodline Descendants and the spouses of the Bloodline Descendants as permitted under applicable law, and this expression shall be deemed to include any and all successor HUFs arising upon the death of the karta, upon partition or in any other manner.
Sample 1

Examples of GVP (HUF in a sentence

  • Neither the SR (HUP) nor the GVP (HUF) shall transfer (whether by way of gift, sale, bequest or otherwise) any shares held by them from time to time in DRL or DRHL to any person other than the Trust, a Family Member or a Family Entity.

  • The SR (HUF) and the GVP (HUF) shall settle in the Trust all the income accrued on the SR (HUF) DRHL Shareholding and the GVP (HUF) DRHL Shareholding, respectively, from time to time.

  • GVP (HUF), GVP, GA, GSR and GMR: ## ### ############## #### ###### ############# ######### # ###### or such other address as may be notified in writing by them to the Trust Board.

  • Family Members who are appointed as directors/equivalent of directors on the management body of any Family Entity, including on the board of directors of DRL, for the purpose of representing the interest of any or all of the other Family Members, the SR (HUF) or the GVP (HUF), or the Trust shall at all times act in consultation with the Trust Board to the extent that such actions specifically concern matters provided for in this Deed.

  • Provided however that if any of the members of the SR (HUF) or the GVP (HUF) holds the portion of the Income Share falling to his interest on behalf of another HUF, that portion of the Income Share which such member has become entitled to pursuant to the partition shall be distributed to such member as the karta of the said HUF and the provisions of Clause 4.4.4(i)(a) shall apply mutatis mutandis.

Related to GVP (HUF

  • Xxxxxxx Group means (i) any member of the Xxxxxxx Family, (ii) Xxxxxxx Energy Partners I, LP and SEP Management I, LLC, (iii) Xxxxxxx Parent, (iv) Xxxxxxx Investor, (v) Xxxxxxx Production Partners LP, (vi) Xxxxxxx Oil & Gas Corporation, (vii) Blackstone Newco and (viii) any Person Controlled by any one or more of the foregoing (other than the General Partner, the Partnership or any of their respective Subsidiaries).

  • DS Electric generation service that is provided at retail pursuant to the Applicable Legal Authorities under the Company’s retail electric tariffs and under any other agreements or arrangements between the Company and Customers, to any Customer that is not being served by an EGS. Default Allocation Assessment – shall have the meaning ascribed to it under the PJM Agreements. Delivery Period – The delivery period specified in an Appendix C Transaction Confirmation. Delivery Point – Means the applicable zone of the Company as designated by PJM. DS Customer(s) – Retail customers who are provided Default Service pursuant to the terms of this Agreement, the Applicable Legal Authorities and the Company’s retail tariffs.

  • USP-NF means the current edition of the United States Pharmacopeia-National Formulary.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • NI 44-102 means National Instrument 44-102 – Shelf Distributions;