Manager Reorganization definition

Manager Reorganization means any change of the Manager which occurs primarily as a result of restructuring corporations, limited partnerships or other entities under similar control and ownership and which results in no material change to the day-to-day management, administration or operation of the Trust;
Sample 1Sample 2Sample 3
Manager Reorganization means any change of the Manager which occurs primarily as a result of restructuring corporations, limited partnerships or other entities under similar control and ownership and which results in no material change to the day-to-day management, administration or operation of the Trust; (rr) “Monthly Redemption Date” means the last business day of a month when the NYSE Arca is open for trading; (ss) “Net Asset Value of the Trust” is the amount determined from time to time in accordance with Section 3.5 hereof; (tt) “Net Asset Value per Unit” is the amount determined from time to time in accordance with Section 3.5 hereof; (uu) “Net Change in Non-Portfolio Assets” on a Valuation Date means: (i) the aggregate of all income accrued by the Trust as of that Valuation Date, including cash dividends and distributions, interest and compensation since the last calculation of Class Net Asset Value or Class Net Asset Value per Unit, as the case may be; minus (ii) the Common Expenses to be accrued by the Trust as of that Valuation Date which have been accrued since the last calculation of Class Net Asset Value or Class Net Asset Value per Unit, as the case may be; plus or minus (iii) any change in the value of any non-portfolio assets or liabilities stated in any foreign currency accrued on that Valuation Date since the last calculation of Class Net Asset Value or Class Net Asset Value per Unit, as the case may be, including, without limitation, cash, accrued dividends or interest and any receivables or payables; plus or minus (iv) any other item accrued on that Valuation Date determined by the Manager to be relevant in determining the Net Change in Non-Portfolio Assets; (vv) “Net Income” has the meaning ascribed thereto in subsection 4.2(a) hereof; (ww) “Net Realized Capital Gains” has the meaning ascribed thereto in subsection 4.2(b) hereof;
Sample 1
Manager Reorganization means any change of the Manager which occurs primarily as a result of restructuring corporations, limited partnerships or other entities under similar control and ownership and which results in no material change to the day-to-day management, administration or operation of the Trust; (uu) “Monthly Redemption Date” means the last business day of a month when the NYSE Arca is open for trading; (vv) “Net Asset Value of the Trust” is the amount determined from time to time in accordance with Section 3.5 hereof; (ww) “Net Asset Value per Unit” is the amount determined from time to time in accordance with Section 3.5 hereof; (xx) “Net Change in Non-Portfolio Assets” on a Valuation Date means: (i) the aggregate of all income accrued by the Trust as of that Valuation Date, including cash dividends and distributions, interest and compensation since the last calculation of Class Net Asset Value or Class Net Asset Value per Unit, as the case may be; minus (ii) the Common Expenses to be accrued by the Trust as of that Valuation Date which have been accrued since the last calculation of Class Net Asset Value or Class Net Asset Value per Unit, as the case may be; plus or minus (iii) any change in the value of any non-portfolio assets or liabilities stated in any foreign currency accrued on that Valuation Date since the last calculation of Class Net Asset
Sample 1

Examples of Manager Reorganization in a sentence

  • The current address is: Manager; Reorganization Department Reorganization Window The Depository Trust Company 55 WATER STREET 50TH FLOOR NEW YORK, NY 10041-0099.

  • Notwithstanding the foregoing, no approval of, or notice to, Unitholders is required to effect a Manager Reorganization.

  • In addition to program screening and recruitment, analytics on CT usage may be overlaid with event schedule models to customize the estimates of impact on customer charges and comfort.Emerging use cases identified below are different from existing use cases in that they are relatively novel and not commonly used.

  • In advance of the Manager Distribution, a Manager Reorganization took place for net consideration of $2,475 million through the issuance of CanHoldco Class D Junior Preferred Shares, to the Corporation.

  • The Employer agrees to employ Employee as Economic and Community Development Director of the City of Farmington to perform the functions and duties as outlined Appendix A in the October 8, 2012 City Manager Reorganization Report to the City Council and to perform such other legally permissible and proper duties and functions as the City Manager shall from time to time assign.

  • Interest expense increased by $1,118 million for the six months ended June 30, 2023, as a result of the reorganization of certain LP interests as a result of the Manager Reorganization and Acquisition of Foreign Investments which contributed $303 million and $373 million, respectively, the rising interest rate environment in the current year and asset-level financings and corporate draws, partially offset by disposition activity of $46 million.

  • Interest expenseInterest expense increased by $567 million for the three months ended March 31, 2023, as a result of the rising interest rate environment in the current year, asset-level financings and corporate draws and the reorganization of certain LP interests as a result of the Manager Reorganization and Acquisition of Foreign Investments, partially offset by disposition activity.

  • The increase was attributable to the Manager Reorganization and Acquisition of Foreign Investments which contributed $622 million and $129 million, respectively, as well as the continued recovery in the hospitality sector.

  • Partially offsetting these decreases is an increase in commercial property revenue, net of related direct expenses of $162 million and hospitality revenue, net of related direct expenses of $36 million resulting from the reorganization of certain LP interests in connection with the Manager Reorganization and Acquisition of Foreign Investments.

  • The decrease is primarily attributable to share of losses from equity accounted investments in our Core Office segment of $249 million, an increase in interest expense resulting from higher interest rates, higher direct hospitality expense of $227 million and commercial property expense of $86 million resulting from the reorganization of certain LP interests in connection with the Manager Reorganization and the Acquisition of Foreign Investments, and fair value losses of $58 million.

Related to Manager Reorganization

  • Capital Reorganization shall have the meaning set forth in Section 4.3.

  • Corporate Reorganization means any change in the legal existence of any Obligor (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Permitted Reorganization means any reorganizations and other activities related to tax planning and tax reorganization, so long as, after giving effect thereto, the enforceability of the Note Guarantees, taken as a whole, are not materially impaired.

  • Reorganization Event has the meaning specified in Section 5.6(b).

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness (other than Working Capital Borrowings and other than for items purchased on open account or for a deferred purchase price in the ordinary course of business) by any Group Member and sales of debt securities of any Group Member; (b) issuances of equity interests of any Group Member (including the Common Units sold to the IPO Underwriters in the Initial Public Offering) to anyone other than the Partnership Group; (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business and (ii) sales or other dispositions of assets as part of normal retirements or replacements; and (d) capital contributions received by a Group Member.

  • Business Combination Transaction means:

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Plan of Reorganization means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency or Liquidation Proceeding.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.