Qualified Group definition

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

  • 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.

  • A Qualified Group Health Plan is defined as a health plan that meets the minimum value requirements of the Affordable Care Act (ACA) law.

  • Qualified Group Purchasing Organizations A qualified group purchasing organization means an organization, whether for profit or not for profit, of which two (2) or more public school districts are members and which solicits proposals or bids from vendors of materials, equipment, or supplies of the type and nature as may be purchased by a public school district or public school.

  • Broker will not submit to any Qualified Group or individual any information or material describing or proposing HPHC’s benefits or rates without HPHC’s prior written consent.

  • Qualified Group Purchasing Organizations A qualified group purchasing organization means an organization, whether for profit or not for profit, of which two (2) or more public school districts are members and which solicits proposals or bids from vendors of materials, equipment, or supplies of the type and nature as may be purchased by a public school district or public school.As provided in La. Rev.


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 shall have the meaning as set forth in Section 7.13(c).
Qualified Group means a group, organized other than pursuant to § 23-98-109, in which each covered individual, or covered dependent of such a covered individual, within the group is a qualified individual. A qualified group may include less than all employees of an employer;
Qualified Group means an affiliated group or a single entity that meets both of the following
Qualified Group means a group of twenty-five people or less, organized other than pursuant to Section 4 of Act 238 of 1991, in which each covered individual, or covered dependent of such covered individual, within the group is a qualified individual: provided a "qualified group" may include less than all employees of an employer;