Plan Exemption definition

Plan Exemption means a grant by the Board contemplated by Section 30 of the Plan to a Requesting Person (as defined in the Plan) of authority to engage in an Exempt Transaction (as defined in the Plan).
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Examples of Plan Exemption in a sentence

  • All requests for release from the Dining License must be submitted via the Meal Plan Exemption form with documented proof of the circumstances related to the release request.

  • As long as the Original Restricted Stockholder remains in full compliance with this Agreement, the Company shall maintain the NOL Plan Exemption in effect with respect to the Initial Restricted Securities.

  • This NOL Plan Exemption, without the express written approval of the Company in each such case, is not applicable to the acquisition of Beneficial Ownership of any other or additional Shares or Capital Stock by any Restricted Stockholder or any of their respective Affiliates or Associates.

  • This NOL Plan Exemption is not applicable to the acquisition of Beneficial Ownership of any other or additional Shares or Capital Stock by the Original Restricted Stockholder or any of its Affiliates or Associates.

  • Subject to and in reliance upon the representations, warranties and obligations of the Original Restricted Stockholder under the Original Agreement, the Board granted the Original Restricted Stockholder a NOL Plan Exemption solely with respect to the Original Restricted Stockholder’s acquisition of the Derivative Securities and the Initial Restricted Securities.

  • Students desiring an exemption from the meal plan requirement for any documented accommodation, must submit a Request for Meal Plan Exemption form with required documentation to the Registered Dietician by the end of the housing application deadline for consideration and are not guaranteed.

  • In reliance upon the representations, warranties and obligations of the Original Restricted Stockholder under the Original Agreement, the Board granted the Original Restricted Stockholder a NOL Plan Exemption solely with respect to the Original Restricted Stockholder’s acquisition of the Derivative Securities and the Initial Restricted Securities.

  • The Board also authorized an increase in the Restricted Stockholders’ NOL Plan Exemption for the foregoing.

  • The Requesting Persons and their respective Affiliates and Associates acknowledge that the Company is relying on truth and accuracy of the statements, representations, warranties, covenants and information contained herein and in the Plan Exemption Request Letter for purposes of granting the Plan Exemption set forth in this Agreement.

  • As long as the Requesting Persons and their respective Affiliates and Associates remain in full compliance with this Agreement, the Company shall maintain the Plan Exemption in effect.

Related to Plan Exemption

  • New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.

  • QPAM Exemption is defined in Section 6.2(d).

  • Statutory Exemption means the statutory exemption under Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code.

  • INHAM Exemption is defined in Section 6.2(e).

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.