Examples of Qualified Exchange in a sentence
Qualified Exchange Accommodation Agreement, dated February 9, 2012, by and between FAE Holdings 411519R, LLC and the Company incorporated by reference from the Company’s Report on Form 10-Q filed with the Commission on May 15, 2012.
The Company hereby covenants and agrees to use its reasonable efforts to cause the Notes to be approved for listing on the SGX ST and will maintain such listing for so long as any Notes remain outstanding; and if the Notes are no longer eligible to be listed for trading on SGX ST, to use its reasonable efforts to cause the Notes to be approved for listing as promptly as practicable on a Qualified Exchange.
However, the investments in Qualified Exchange Traded Funds shall be subject to paragraph (e) above and unless otherwise specified in this Explanatory Memorandum, investment by a Sub-Fund in Qualified Exchange Traded Funds is considered and treated as a collective investment scheme, for the purposes of and subject to the requirements in above paragraphs (f)(i), (f)(ii) and (f)(1) and the relevant investment limits in Qualified Exchange Traded Funds by a Sub-Fund should be consistently applied.
Each sale of Qualified Securities by a Terminating Series to a New Series will be effected at the closing price of the securities sold on a Qualified Exchange on the sale date, without any brokerage charges or other remuneration except customary transfer fees, if any.
Buyer reserves the right, at or prior to Closing, to assign its rights or a portion thereof under this Agreement with respect to any or all of the Properties to Buyer’s Qualified Exchange Accommodation Titleholder (as that term is defined in Revenue Procedure 2000-37) (“QEAT”) in connection with effecting a Like-Kind Exchange.