Safe Harbor definition

Safe Harbor has the meaning set forth in Section 10.2(d).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Safe Harbor means, the election described in the Safe Harbor Regulation, pursuant to which a partnership and all of its partners may elect to treat the fair market value of a partnership interest that is transferred in connection with the performance of services as being equal to the liquidation value of that interest.

Safe Harbor shall have the meaning set forth in Section 4.7.B.2(i).

Examples of Safe Harbor in a sentence

If an FDIC Safe Harbor Compliance Event has occurred and is continuing, the Seller (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Bank Parties.
If an FDIC Safe Harbor Compliance Event has occurred and is continuing, the Servicer (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Bank Parties.
If an FDIC Safe Harbor Compliance Event has occurred and is continuing, the Administrator (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Bank Parties.
If an FDIC Safe Harbor Compliance Event has occurred and is continuing, the Owner Trustee shall (i) perform the covenants of the Owner Trustee set forth in Article XII of the Indenture and (ii) use reasonable efforts to comply with any request of the Depositor or the Sponsor to facilitate compliance with Article XII of the Indenture by the Bank Parties.
If an FDIC Safe Harbor Compliance Event has occurred and is continuing, the Sponsor (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Bank Parties.

More Definitions of Safe Harbor

Safe Harbor means any one or more of the safe harbors described in Section 1.1031(k)-1(g) of the Treasury Regulations and any one or more of the safe harbor provisions of Revenue Procedure 2003-39.

Safe Harbor. STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Safe Harbor means the “liquidation value” safe harbor provided in Proposed Treasury Regulation § 1.83-3(1) and the Proposed Revenue Procedure set forth in Internal Revenue Service Notice 2005-43, as such safe harbor may be modified when such proposed guidance is issued in final form or as amended by subsequently issued guidance.

Safe Harbor means the recipient or subrecipient has taken the following actions that are considered to be strong evidence of compliance with the recipient's written translation obligations:

Safe Harbor. Retirement Plan: SPOAVC accepts the County's assurance that the County's "Safe Harbor" Retirement Plan is in compliance with the provisions of the Omnibus Budget Reconciliation Act (OBRA), for employees not eligible for coverage under the provisions of the 1937 Retirement Act.

Safe Harbor means that if a recipient provides written translations in certain circumstances, such action will be considered strong evidence of compliance with the recipient’s written-translation obligations under Title VI. The failure to provide written translations under the circumstances does not mean there is noncompliance, but rather provides a guide for recipients that would like greater certainty of compliance than can be provided by a fact-intensive, four factor analysis. For example, even if a safe harbor is not used, if written translation of a certain document(s) would be so burdensome as to defeat the legitimate objectives of its program, it is not necessary. Other ways of providing meaningful access, such as effective oral interpretation of certain vital documents, might be acceptable under such circumstances.

Safe Harbor means the sum of $1.00 less than three times the EMPLOYEE's "base amount" within the meaning of that term in Section 280G of the Code.