Indirect Transfer definition

Indirect Transfer means (with respect to any Member that is a corporation, partnership, limited liability company or other entity) a deemed Transfer of a Company Interest, which shall occur upon any Transfer of the ownership of, or voting rights associated with, the equity or other ownership interests in such Member.
Indirect Transfer has the meaning set forth in Section 4.1.5.
Indirect Transfer means, with respect to any Class A Limited Partner, any single or series of related transactions that result in a Person (or Persons acting in concert), other than an Indirect Permitted Transferee of the Class A Limited Partner in question, who did not directly or indirectly own Equity Securities in such Class A Limited Partner prior to the consummation of such single or series of related transactions acquiring or owning, directly or indirectly, any Equity Securities in such Class A Limited Partner.

Examples of Indirect Transfer in a sentence

  • Ero will not be able to Transfer all or any part of its Ownership Interest (other than to a Permitted Affiliate of Ero) or undergo an Indirect Transfer (other than to a Permitted Affiliate of Ero) prior to the achievement of at least 90% of the design capacity of the mill on the Mineral Properties, as approved pursuant to the FID Approval, for 12 consecutive months.

  • In the event that Vale Transfers (including by way of an Indirect Transfer) (x) all of its Ownership Interest or (y) part of its Ownership Interest, such that following such partial Transfer, Vale’s direct or indirect Ownership Interest is less than 30%, in each case other than to a Permitted Affiliate of Vale, Vale’s JV Partial Interest Call Right (as defined below) will automatically become a non-enforceable provision without further action by the Parties.

  • No Party shall directly Transfer any of its Ownership Interest or permit an Indirect Transfer to occur in contravention of the above covenant.

  • For the avoidance of doubt, the restrictions in this Article 5 do not apply to a VBML Transaction or to any Transfer or Indirect Transfer made in connection therewith.

  • Either Party will be able to Transfer all or part of its interest in the JV Company to a Permitted Affiliate of such Party or undergo an Indirect Transfer to a Permitted Affiliate of such Party, without consent of the other Party.


More Definitions of Indirect Transfer

Indirect Transfer or “Indirectly Transfer” means any transfer, sale or other disposition of any equity interests in the Investor, Plutus, SK E&S Americas or any other Affiliate of the Investor that, directly or indirectly, controls the Investor (other than SK Holdings and SK E&S).
Indirect Transfer means (with respect to any Stockholder that is a corporation, partnership, limited liability company, or other entity) a deemed Transfer of the Preferred Stock or Common Stock, which shall occur upon any Transfer to any person of a majority of the ownership of, or voting rights associated with, the equity or other ownership interests in such Stockholder if at least seventy-five percent (75%) of the value of all of such Stockholder’s assets is attributable to such Stockholder’s investment in the Company (it being understood that the acquisition by a holder of a majority of the ownership of, or voting rights associated with, the equity or other ownership interests in such Stockholder, of additional equity securities of such Stockholder shall not be an Indirect Transfer); provided, however, that in no event shall any transfer of equity or other ownership interests in NGP, Bunge, Westway, USBG, or West Central be deemed an Indirect Transfer of Preferred Stock or Common Stock.
Indirect Transfer means, in respect of any Member, any indirect Transfer.
Indirect Transfer means a Transfer of common stock or other equity interests of a Principal Stockholder or of a Person (other than the Parent of such Principal Stockholder) of which such Principal Stockholder is a direct or indirect Subsidiary to any Person after giving effect to which such Principal Stockholder is no longer a Subsidiary of the Person that was its Parent prior to such Transfer; provided, however, that a Distribution shall not constitute an "Indirect Transfer."
Indirect Transfer. With respect to an Interest, a transfer of Control ----------------- of the Partner directly owning such Interest or of any Affiliate of a Partner more than 50% of the Fair Market Value of which is attributable, directly or indirectly, to such Interest; provided, that, any transaction -------- ---- which is not a Change in Control by virtue of the second sentence of the definition of "Change in Control" shall similarly not be an Indirect Transfer.
Indirect Transfer has the meaning given in Clause 7.2.
Indirect Transfer means, in respect of a Member, a Change of Control of such Member provided that, such transaction shall only constitute an Indirect Transfer to the extent that if a Person acquires control of the Member through the acquisition of the securities of the Member or an Affiliate of the Member, at least 90% of the Fair Market Value of all the consolidated assets of the Member or such Affiliate, as the case may be, are comprised of the Member's Ownership Interest, and further provided that for the purposes of this definition of "Indirect Transfer":