Qualified Group definition

Qualified Group shall have the meaning set forth in Section 5.7 of the Agreement.

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Qualified Group means a combined reporting group, as defined in paragraph (3) of subdivision (b) of Section 25106.5 of Title 18 of the California Code of Regulations, as in effect on the effective date of the act adding this section, that satisfies the following conditions:

Qualified Group means Buyer’s “qualified group” as such term is defined within the meaning of Treasury Regulations Section 1.368-1(d)(4)(ii). As of the date of the Merger, (i) Buyer will own all of the outstanding stock or other equity interests in Buyer Bank, and (ii) Buyer will be in “control” of Buyer Bank within the meaning of Code Section 368(c). Buyer has no plan or present intention to sell, transfer or otherwise dispose of any of the capital stock of Buyer Bank following the Merger, and Buyer has no present plan or intention to cause Buyer Bank to issue additional capital stock following the Merger, that in either case would result in Buyer’s not having “control” of Buyer Bank within the meaning of Code Section 368(c). As of the date of this Agreement, and as of the date of the Closing, neither Buyer, nor Buyer Bank, nor any “related person” (as defined in Treasury Regulations Section 1.368-1(e)(4)) to Buyer or Buyer Bank has or will have any plan or intention to redeem or reacquire, either directly or indirectly, any of the Buyer shares issued to the Seller shareholders in connection with the Merger.

Examples of Qualified Group in a sentence

For clarity, any loan or other transfer of such cash by the Company to a member of the Company’s Qualified Group and between members of the Company’s Qualified Group will be treated as retained and/or used for working capital, growth or other general corporate purposes by the Company (together with the Company’s Qualified Group).
A Registered Nurse who has enrolled in or has successfully completed an appropriate bridging course in Early Childhood studies will also meet the criteria for a 2 Year Qualified Group Leader.
The provision of Miscellaneous Financial Services by the Finance Company to the Qualified Group Members pursuant to the Financial Services Agreement constitutes continuing connected transactions of the Company under Chapter 14A of Listing Rules.
Accordingly, the provision of Deposit Service by the Finance Company to the Qualified Group Members pursuant to the Deposit Service Agreement constitutes continuing connected transactions of the Company under Chapter 14A of Listing Rules.
A Qualified Group Health Plan is defined as a health plan that meets the minimum value requirements of the Affordable Care Act (ACA) law.

More Definitions of Qualified Group

Qualified Group means a combined reporting group, as

Qualified Group shall have the meaning as set forth in Section 7.14(c) of the Agreement.

Qualified Group means an affiliated group that meets both of the following criteria:

Qualified Group means a group, organized other than pursuant to

Qualified Group shall have the meaning as set forth in Section 7.13(c).

Qualified Group means an affiliated group or a single entity that meets both of the following

Qualified Group has the meaning assigned to “qualified group” in Treasury Regulations Section 1.368-1(d)(4)(ii).