Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.
Permitted Assignee means any Person who, if it were the Collateral Interest Holder or a holder of an interest in the Trust, as applicable, would not cause the Trust to be taxable as a publicly traded partnership for federal income tax purposes.
Permitted Assignee has the meaning set forth in Section 3.06.
Examples of Permitted Assignee in a sentence
Any attempted or purported transfer, assignment, exchange, conveyance, pledge, hypothecation or grant other than to a Permitted Assignee shall be void.
However, given the unique nature of the Supplemental Security Services, this Agreement shall not be assigned or otherwise transferred by the County and may not be assigned or otherwise transferred by the Bills except to a Permitted Assignee who assumes in a writing acceptable to the County all of the Bills obligations under this Agreement.
More Definitions of Permitted Assignee
Permitted Assignee shall have the meaning set forth in Section 9.6.
Permitted Assignee means (a) a Lender or any of its Affiliates or (b) any Person managed by a Lender or any of its Affiliates.
Permitted Assignee means any Person who, if it were a Class B Certificateholder, the Collateral Interest Holder or a holder of an interest in the Trust, as applicable, would not cause the Trust to be taxable as a publicly traded partnership for federal income tax purposes.
Permitted Assignee means any Person who receives rights under this Agreement pursuant to a Permitted Assignment.
Permitted Assignee means a Person or an Affiliate of a Person meeting one or more of the following standards:
Permitted Assignee means any Person who, if it were to purchase Loans in connection with a sale under Sections 5.05 and 5.17 of the Indenture, would not cause the Issuer to be taxable as a publicly traded partnership for federal income tax purposes.
Permitted Assignee means any Person who, if it were to purchase Receivables (or interests therein) in connection with a sale thereof pursuant to Sections 5.05(a) and 5.16 of the Indenture, would not cause the Issuer to be taxable as a publicly traded partnership for federal income tax purposes.