Prohibited Investment definition

Prohibited Investment means Property (other than prescribed excluded Property as that term is defined in the Tax Act) that is:

Prohibited Investment means any investment prohibited by § 38.2-1407.

Prohibited Investment. , of a trust at any time, means a property that

Examples of Prohibited Investment in a sentence

• J-1 DISCLOSURE OF INVESTMENT ACTIVITIES IN IRAN- Pursuant to N.J.S.A. 52:32-58, the bidder must certify that neither the bidder, nor one of its parents, subsidiaries, and/or affiliates (as defined in N.J.S.A. 52:32-56(e)(3)), is listed on the Department of the Treasury's List of Persons or Entities Engaging in Prohibited Investment Activities in Iran and that neither is involved in any of the investment activities set forth in N.J.S.A. 52:32-56(f).

• Pursuant to ADB’s Safeguard Policy Statement (2009), ADB funds may not be applied to the activities described on the ADB Prohibited Investment Activities List set forth at Appendix 5 of the Safeguard Policy Statement (2009).

• J-1 DISCLOSURE OF INVESTMENT ACTIVITIES IN IRAN- Pursuant to N.J.S.A. 52:32-58, the bidder must certify that neither the bidder, nor one of its parents, subsidiaries, and/or affiliates (as defined in N.J.S.A. 52:32-56(e)(3)), is listed on the Department of the Treasury's List of Persons or Entities Engaging in Prohibited Investment Activities in Iran and that neither is involved in any of the investment activities set forth in N.J.S.A. 52:32- 56(f).

• Pursuant to N.J.S.A. 52:32-57(a), the bidder must certify that neither the Proposer, nor one of its parents, subsidiaries, and/or affiliates (as defined in N.J.S.A. 52:32-56(e)(3)), is listed on the Department of Treasury’s List of Persons or Entities Engaging in Prohibited Investment Activities in Iran and that neither is involved in any of the investment activities set forth in N.J.S.A. 52:32-56(f).

• On the Disclosure of Investment Activities in Iran (Form DC-16) provided by the Department, certify pursuant to N.J.S.A. 52:32-58, that neither the Bidder, nor one of its parents, subsidiaries, and affiliates (as defined in N.J.S.A. 52:32-56(e)(3)), is listed on the Department of the Treasury's List of Persons or Entities Engaging in Prohibited Investment Activities in Iran and that neither is involved in any of the investment activities set forth in N.J.S.A. 52:32-56(f).

More Definitions of Prohibited Investment

Prohibited Investment. Property" "Purchase Date" "Refinancing Indebtedness" "Restricted Payment"

Prohibited Investment means property (other than excluded property as that term is defined in the Tax Act) that is:

Prohibited Investment means, with respect to any Person, any Investment by such Person in any Person that is not a Subsidiary of such first Person, other than (i) an Investment in Cash Equivalents; (ii) to the extent not included in clause (i), (a) negotiable instruments held for collection, (b) outstanding travel, moving or other similar advances to officers, employees and consultants of such Person, (c) lease or utility deposits or other similar deposits or (d) Capital Stock, debt obligations or similar securities received in settlement of debts owed to such Person or its Subsidiaries as a result of the foreclosure, perfection or enforcement of any Liens by such Person or any of its Subsidiaries, but, in each case, only to the extent such Investments are made in the ordinary course of business; (iii) sales of goods on trade credit terms consistent with the past practices of such Person or otherwise consistent with trade credit terms in common use in the industry; and (iv) Investments made in connection with Permitted Acquisitions.

Prohibited Investment has the meaning set forth in Section 5.5(b)(viii) hereof.

Prohibited Investment means Property (other than prescribed excluded Property as that term is defined in the Tax Act) that is: a debt of the Holder; a share of the capital stock of, an interest in or a debt of: a corporation, partnership or trust in which the Holder has a significant interest; a person or partnership that does not deal at arm’s length with the Holder; an interest in, or right to acquire, a share, interest or debt described in paragraph (a) or (b); or prescribed property (as that term is defined in the Tax Act); “Property” means any property, including the income on it, the proceeds from it and any cash, held in the Account from time to time; “Qualified Investment” means any investment which is a qualified investment for a TFSA according to the Tax Act; “Spouse” means an individual who is considered by the Tax Act to be the Holder’s spouse or common-law partner; “Survivor” of the Holder means an individual who survives the Holder and was a Spouse immediately before the death of the Holder; “Tax Act” means the Income Tax Act (Canada); “Taxes” means any and all applicable taxes and assessments including any penalties and interest which may be required under the Applicable Laws; “TFSA” means a tax-free savings account, which is a “qualifying arrangement” (as that term is defined in the Tax Act) the issuer of which has elected, in the form and manner prescribed by the Tax Act, to register as a TFSA; and “Trustee” means The Royal Trust Company in its capacity as trustee and issuer of the arrangement governed by this Trust Agreement, and its successors and assigns.

Prohibited Investment means Assets of the Plan (other than prescribed excluded property as that term is defined in the Applicable Tax Legislation) that are:

Prohibited Investment means a direct or indirect monetary or financial interest, including private or publicly traded securities, in any person over whom the MSA exercises its responsibilities pursuant to its mandate.