Permissible Transaction definition

Permissible Transaction shall have the meaning specified in the Contribution Agreement.
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Permissible Transaction means any of the transactions the Trust is permitted to undertake in accordance with the Tax Guidelines.
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Permissible Transaction means a type of Transaction approved by CBKC to be enabled for a Program, but does not include any Prohibited Transaction.
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Examples of Permissible Transaction in a sentence

  • Except for capital gain resulting from a Permissible Transaction which is allocable to the 7.75%/8.00% Preferred Units pursuant to Code Section 704(c), no capital gain shall be allocated to the holders of the 7.75%/8.00% Preferred Units and no item of income or gain shall be allocated to the holders of the 7.75%/8.00% Preferred Units to eliminate the book-tax disparity in the WEA Kravco Interest (as defined in the Contribution Agreement).

  • During W▇▇▇▇▇▇▇▇▇’▇ engagement hereunder: (i) other than a Permissible Transaction, the Company will not, and will not permit its representatives to, other than in coordination with W▇▇▇▇▇▇▇▇▇, contact or solicit institutions, corporations or other entities or individuals as potential purchasers of the Securities or investment banks in connection with an Offering and (ii) the Company will not pursue any financing transaction which would be in lieu of an Offering.

  • In the case of a redemption absent the occurrence of a Permissible Transaction, the Redemption Price payable following January 1, 2011 shall be payable in the form of interests in one or more properties identified by the holders of the 7.75%/8.00% Preferred Units and otherwise agreed upon by the Operating Partnership and such holders.

  • Furthermore, the Company agrees that during W▇▇▇▇▇▇▇▇▇’▇ engagement hereunder, other than a Permissible Transaction, all inquiries from prospective investors with respect to an Offering will be referred to W▇▇▇▇▇▇▇▇▇.

  • In the case of a redemption following the occurrence of a Permissible Transaction, the Redemption Price shall be payable in cash.

  • Accordingly, Reviewer recognizes and agrees that neither Broker nor Owner of Property nor any Beneficiary shall have any responsibility or liability to Reviewer or its representatives resulting directly or indirectly from Reviewer’s use of, or reliance upon, any of the Confidential Information except as may be set out in a definitive agreement for a Permissible Transaction.

  • As of the date hereof, the Trust has not engaged in any sale, disposition or other transaction of any kind (including a transaction that would be a Permissible Transaction) with respect to the Plan Shares.

Related to Permissible Transaction

  • Eligible Transaction means any transaction,—

  • Eligible Transactions means any retail transactions for the purchase of goods and/or services successfully charged to your Principal Credit Card and which are posted on UOB’s systems but excluding the Excluded Transactions (as defined below). For the avoidance of doubt, Eligible Transactions made in foreign currencies will be converted into Singapore dollars based on UOB’s then prevailing exchange rate applicable at the time of exchange. The transaction amount posted in your Principal Credit Card account will be used for the purposes of computing the Qualifying Spend amount for this Promotion.

  • Reportable Transaction means a transaction by an Access Person in a Reportable Security.

  • Disclosable transaction means any transaction in a security pursuant to which an access person would have a beneficial ownership.

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