Qualified Parties definition

Qualified Parties means, with respect to any Person, any (i) trust described in Section 664 of the Code or other trust of which the Person or Family Members or Qualified Parties of the Person are greater than 50% income beneficiaries, (ii) charitable organization described in Section 501(c)(3) of the Code, (iii) with respect to any Class B Entity that is a natural person, estate of such natural person and (iv) Family Members of any Person that is a natural person.

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Qualified Parties means any (i) trust described in Section 664 of the Code (or any substantially similar entity under non-U.S. tax laws) of which the Investor or Family Members of the Investor are income beneficiaries and (ii) any charitable organization described in Section 501(c)(3) of the Code (or any substantially similar entity under non-U.S. tax laws), in both cases that is or simultaneously agrees to be bound as an Investor under this Agreement.

Qualified Parties means Commission Staff and Citizens’ Utility Board employees who execute a modified protective order.

Examples of Qualified Parties in a sentence

• It is OPERATOR’S responsibility to engage with Qualified Parties as outlined in VI.

• The Qualified Parties may occupy space in the Premises for the Permitted Uses and for no other purpose.

• The terms on which the applicable Class B Entity actually Transfers its Shares shall not be materially more favorable to the Class B Entity (and its Affiliates, Associates and Qualified Parties), and include no more cash, than the terms set forth in the notice given by it pursuant to the foregoing paragraph (a).

• The five proponents were then issued a RFC, designed to create an opportunity for the exchange of information between SSBC and the Qualified Parties with a view to improving the mutual understanding of the requirements for the formal RFP, the quality of the RFP and proposals submitted.

• Qualified Parties shall not be entitled to use the amenities as set forth herein.

• Any Class B Entity may assign this Agreement in connection with a Transfer of any Shares to a Class B Entity or any Qualified Parties or Controlled Subsidiaries of any Class B Entities; provided, that such transferee shall become a party to a counterpart of this Agreement and become bound as a Class B Entity hereunder.

• In the event that the Qualified Parties shall not have completed the purchase within the 45-day period, then the Selling Parent shall have the right to sell all of the Defaulting Party’s portion of the Offered SPV Shares without respect to the restrictions set forth in this Section 3.10.

• Landlord agrees to reasonably cooperate with Tenant in providing Qualified Parties with access to the Building and the Premises.

• Any Class B Entity may assign this Agreement in connection with a Transfer of any Shares to a Class B Entity or any Qualified Parties or Controlled Subsidiaries of any Class B Entities; PROVIDED, that such transferee shall become a party to a counterpart of this Agreement and become bound as a Class B Entity hereunder.

• The “Pro Rata Portion” of each Qualified Party will be a number of the SPV Shares equal to the product of (x) the total number of the Defaulting Party’s portion of the Offered SPV Shares multiplied by (y) a fraction, the denominator of which shall be the total number of the Ordinary Shares then owned by all Qualified Parties, and the numerator of which shall be the number of the Ordinary Shares then owned by each Qualified Party.

More Definitions of Qualified Parties

Qualified Parties means CSG employees or contractors (A) who have a bona fide need to access the applicable information in connection with the performance of CSG’s obligations hereunder, and (B) who have executed an agreement with CSG or its Qualified Third Party Contractor (including Media) that is no less restrictive than the provisions set forth in Exhibit B-1(c) of the Agreement. CSG shall (I) take all reasonably necessary precautions to protect the Consumer Information and Consumer Usage Data in connection with disclosures to its employees and contractors; (II) ensure that its employees’ and contractors’ use of the Consumer Information and Consumer Usage Data is strictly in accordance with the limitations contained in the Agreement, and (III) be responsible for the acts or omissions of such third parties with respect to their use of the Consumer Information and Consumer Usage Data and shall defend, indemnify and hold harmless Customer, its impacted Affiliates and its and their respective officers, directors, members, shareholders, partners, employees, agents and legal representatives (“Customer Indemnitees”) from and against any and all claims and suits brought and liabilities, expenses, attorneys’ fees or damages claimed by a third party other than an Affiliate of the Customer Indemnitees for any breach by such third party of CSG’s obligations with respect to the Consumer Information and Consumer Usage Data. For clarity, CSG’s indemnification obligation under this Section 15(c) is subject to the provisions of Section 13(f) of the Agreement and, to the extent such third party’s acts or omissions constitute a Security Breach, Section 5 of this CD Amendment.

Qualified Parties means any (i) trust described in Section 664 of the Code (or any substantially similar entity under non-U.S. tax laws) of which the Shareholder or any of its Affiliates or Associates, or Family Members of the Shareholder or any of its Affiliates or Associates, are income beneficiaries and (ii) any charitable organization described in Section 501 (c) (3) of the Code (or any substantially similar entity under non-U.S. tax laws), in both cases that is or simultaneously agrees to be bound on the same basis as the Shareholder under this Agreement.