Qualified Matching Service definition

Qualified Matching Service means a matching service that satisfies the -------------------------- requirements of a qualified matching services within the meaning of Treas. Reg. (S) 1.7704-1(g)(2).
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Qualified Matching Service means a listing system operation, provided either through the Managing Members or through any unrelated third party (including any dealer in the Units), in which Limited Members contact the operator of such Qualified Matching Service to list Units they desire to transfer and through which the operator attempts to match the listing Limited Member with a customer desiring to buy Units without (i) regularly quoting prices at which the operator stands ready to buy or sell interests, (ii) making such quotes available to the public, or (iii) buying or selling interests for its own account.
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Qualified Matching Service means a listing system operation, provided either through the General Partner or through any unrelated third party (including any dealer in the Units), in which Limited Partners contact the operator to list Units they desire to transfer and through which the operator attempts to match the listing Limited Partner with a customer desiring to buy Units without (i) regularly quoting prices at which the operator stands ready to buy or sell interests, (ii) making such quotes available to the public, or (iii) buying or selling interests for its own account.
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Examples of Qualified Matching Service in a sentence

  • This Qualified Matching Service provides for some liquidity, outside of a tender offer scenario, through which Units may be bought and sold.

  • Accordingly, the Partnership does not have the ability to approve the transfer of any additional Units until the year 2017, except for Units sold and transferred through a Qualified Matching Service (see item 4 below).

  • If the Optionee is unable to sell the Membership Units through the Qualified Matching Service as described above, the Optionee may exercise his “put” option hereunder and the Company shall be obligated and required to purchase from the Optionee all the Vested Units of the Company held by the Optionee at the time of such event, subject to any covenants contained in the Company’s loan agreements with its senior lender.

  • The Managing Member may request such information from a transferring Limited Member as is necessary to determine whether a transfer is a Permitted Transfer or a Qualified Matching Service Transfer.

  • The Managing Member may refuse to affect any transfer if the transferring Limited Member is unable, or refuses, to demonstrate that the transfer is a Permitted Transfer or Qualified Matching Service Transfer or if the Managing Member is not able to verify, to its satisfaction, that the transfer will qualify for safe harbor treatment under Treasury Regulation Section 1.7704-1(e) or (g).

  • Accordingly, the Partnership does not have the ability to approve the transfer of any additional Partnership Units until the year 2012, except for Units sold and transferred through a Qualified Matching Service (see item 4 below).

  • Accordingly, the Partnership does not have the ability to approve the transfer of any additional Units until the year 2020, except for Units sold and transferred through a Qualified Matching Service (see Section 5 below).

  • With respect to Membership Units of the Company which have become Vested Units pursuant to Section C, upon an event described in Section Q(3), the Optionee shall have the right to “put” the Vested Units to the Company; PROVIDED, the Optionee has made a good faith effort to sell the Membership Units on the Company’s Qualified Matching Service by listing the Membership Units for a period of at least 60 days, but has been unsuccessful in selling such Membership Units.

  • With respect to any purchase by the Company pursuant to the exercise by the Optionee of his “put” option hereunder, such purchase price shall be based on the weighted average price of Membership Units transferred on the Company’s Qualified Matching Service for the 60 day period immediately preceding the exercise of the “put” option by the Optionee; so long as six or more transfers have occurred on the Company’s Qualified Matching Service within that 60 day period.

  • Katz, Secretary, SEC, dated June 10, 1996 (‘‘CPB Letter No. 2) (concentrating primarily on the Qualified Matching Service Safe Harbor); letter from James Frith, Jr., President, CPB, to Jonathan G.


More Definitions of Qualified Matching Service

Qualified Matching Service as defined in Section 1.7704-1(g) of the Treasury Regulations promulgated under Section 7704 of the Internal Revenue Code of 1986, which facilitates the transfer of up to 10% of the total interest in the Partnership’s capital or profits provided certain requirements are met. This Qualified Matching Service provides for some liquidity, outside of a tender offer scenario, through which Units may be bought and sold. DiVall Insured Income Properties 2, L.P. December 15, 2016
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Related to Qualified Matching Service

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Credited Service means the member's total period of service

  • Matching Funds means the amount and nature of the moneys or resources to be used by the Local Political Subdivision or Nonprofit Organization for the Project. Such funds shall constitute not less than twenty-five percent (25%) of the total Cost of Project set forth in Appendix D and may consist of money by any person, any Local Political Subdivision, the State of Ohio, or the federal government or of contributions in-kind by such parties through purchase or donation of equipment, land, easements, labor, or materials necessary to complete the Project.

  • Plan Year means the calendar year.