Impermissible Transaction definition

Impermissible Transaction shall have the meaning set forth in Section 2(d)(i).
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Impermissible Transaction shall have the meaning set forth in Section 2(d)(i). “Lessee” shall mean Owner or the subsidiary of Owner (as determined by Owner)
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Examples of Impermissible Transaction in a sentence

  • Any dispute as to whether the exercise of the Call Right would be an Impermissible Transaction, or whether an Owner Proposal is a Qualifying Proposal, shall be resolved pursuant to arbitration in accordance with the procedures set forth in Section 3 hereof.

  • Any Notice of Impermissibility shall specify the actions taken by Owner in determining whether the exercise of the Call Right would be an Impermissible Transaction, a detailed description of the circumstances giving rise to such determination, and the commercially reasonable efforts undertaken to resolve such circumstances.

  • If the exercise of the Call Right would be an Impermissible Transaction due to a Debt Limitation, then Owner shall use commercially reasonable efforts to resolve such Debt Limitation in accordance with Section 2(h) below and will continue to use such efforts until the expiration of the period that is one (1) year after the date of the delivery of the Property Package Request with respect to the Property (such date, the “Debt Limitation Resolution Deadline”).

  • If hours are canceled for a reason that does not allow the school district to count the hours of student instruction then the AAESA Board of Education shall reschedule the day and the school year Employee may work the rescheduled day without additional compensation.

  • Any Impermissible Transaction shall be null and void ab initio, and the parties shall instruct the Company to instruct its transfer agent and other third parties not to, record or recognize any such Impermissible Transaction on the share register or other books and records of the Company.