Qualifying Transfer definition

Qualifying Transfer. : means the transfer of an amount from a TFSA of which a particular individual is the holder if

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Qualifying Transfer means a Transfer, in a single transaction, or in a series of related transactions, (a) to a Person (in each case, other than a Transfer to a Qualified Distribution Transferee, and other than to an Affiliate of Investor), who, following such Transfer, will Beneficially Own greater than fifteen percent (15%) of the outstanding Issuer Common Stock, but whose ownership percentage (calculated in the same manner as Investor Percentage Interest) upon, and giving effect to such Transfer, does not exceed the Cap and (b) following which, the Investor Affiliates will Beneficially Own less than five percent (5%) of the outstanding Issuer Common Stock.

Qualifying Transfer means a transfer of property—

Examples of Qualifying Transfer in a sentence

So long as the Transfer Trigger Requirements apply, Party A will at its own cost use commercially reasonable efforts to, as soon as reasonably practicable, either (A) procure an Eligible Guarantee in respect of all of Party A’s present and future obligations under this Agreement from a guarantor with a Qualifying Transfer Trigger Rating and or (B) transfer its rights and obligations under this Agreement in accordance with Part 5(q) (Transfers) below.
If [**] does not elect to exercise its Prior Right or fails to provide notice within such thirty (30) days, [**] and the Entity shall have up to one hundred twenty (120) days from the date of the Selling Notice to complete the Qualifying Transfer or Qualifying Issuance upon the same terms specified in the Selling Notice, whereupon [**] Prior Right shall be void and of no further effect.
If [**] or the Entity later changes the terms of the Qualifying Transfer or Qualifying Issuance in any material respect, [**] or the Entity shall first notify [**] of the revised terms of such proposed transaction by delivery of a new Selling Notice pursuant to the procedure set forth above.
The Drag-Along Notice shall contain (i) written notice of the exercise of the Dragging Parties' rights pursuant to this Section 4.2, (ii) the consideration per share of Common Stock, to be paid by the third Person and (iii) the other material terms and conditions of the proposed Qualifying Transfer.
Such ROFR Notice will specify (i) the number of Class B Shares corresponding to the Sign-on LILAB Award proposed to be Transferred in the Qualifying Transfer (the “Subject Shares”), (ii) the price per share, denominated as a U.S. dollar amount per share (the “Target Price”), (iii) the identity of the Prospective Transferee and number of Class A Shares, Class B Shares and Class C Shares, each of the Parent, owned by the Prospective Transferee, and (iv) the intended date of the Qualifying Transfer.

More Definitions of Qualifying Transfer

Qualifying Transfer means a transfer made to one of the following bodies by another such body—

Qualifying Transfer means a transfer which is a relevant transfer for the purposes of any of Parts II to VI of this Schedule.

Qualifying Transfer has the meaning set forth in Section 3.4(b).

Qualifying Transfer means a transfer of property, rights or liabilities by virtue of a transfer instrument;

Qualifying Transfer means (i) any proposed assignment of this Lease, (ii) any proposed sublease of any portion of the Premises with a term expiring within one year of the expiration date of the Lease Term, (iii) any proposed sublease of any portion of the Premises with a term of more than two (2) years, (iv) if Tenant leases two or more floors in the Building, any proposed sublease of a portion of the Premises which exceeds one full floor, or (v) if Tenant leases less than two floors in the Building, any proposed sublease of any portion of the Premises. Notwithstanding any provisions of this Section 10 to the contrary, after the Landlord receives a request from Tenant to consent to any Qualifying Transfer, Landlord shall have the option, to be exercised by written notice within thirty (30) days after the receipt of such request, to terminate this Lease and the Term hereof with respect to the portion of the Premises covered by the proposed assignment or sublease on not less than thirty (30) days and not more than ninety (90) days notice to the Tenant. If the Landlord elects to terminate this Lease as aforesaid, the Tenant shall have the right, to be exercised by written notice to the Landlord within ten (10) days after receipt of such notice of termination, to withdraw the request for consent to the proposed assignment or sublease, in which case the Tenant shall not proceed with such assignment or sublease, the notice of termination shall be null and void and this Lease shall continue in full force and effect in accordance with its terms. In the event Landlord elects to terminate this Lease as provided herein, then Landlord shall have the additional right to negotiate directly with Tenant's proposed assignee or subtenant and to enter into a direct lease with such party on such terms as shall be acceptable to Landlord in its sole and absolute discretion, and Tenant hereby waives any claims against Landlord related thereto, including, without limitation, any claims for any compensation or profit related to such lease. In addition, in the event Landlord elects to terminate this Lease as provided herein, then upon the applicable termination date Tenant shall pay to Landlord, as Additional Rent, a termination fee equal to Landlord's unamortized costs incurred in connection with this Lease including, without limitation, brokerage fees, tenant improvement allowances, free rent, and any other concessions granted by Landlord in connection with this Lease. The term "assign," as used her...

Qualifying Transfer has the meaning set forth in Section 6.04(a).

Qualifying Transfer means a Transfer of all or any portion of the capital stock of the Company for Transaction Value of not less than five million dollars ($5,000,000). For purposes of this Agreement, Transfers during any twelve (12) month period which do not individually constitute a Qualifying Transfer shall be aggregated and the individual Transfer that, when aggregated with Transfers for the preceding twelve (12) months, exceeds the Qualifying Transfer threshold shall trigger the rights set forth in Section