Statutory Exemption definition

Statutory Exemption means the statutory exemption under Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code.
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Statutory Exemption means the prohibited transaction exemption provided by Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code.
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Statutory Exemption means the statutory exemption under Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code. [“Swap Agreement” means the ISDA Master Agreement, dated , 20 , between the Issuer and the Swap Provider, including the Schedule thereto, the Credit Support Annex thereto, the Confirmation relating to the Class A-3 Notes, together with any replacement swap agreement [(which replacement swap agreement has been approved by the Insurer, so long as no Insurer Default has occurred and is continuing)]; provided, that no additional swap agreement shall be a “Swap Agreement” under the Basic Documents for so long as the Swap Agreement is outstanding without the prior, written consent of the Swap Provider unless the Swap Agreement has terminated.] [“Swap Provider” means [Swap Provider], with respect to the Class A-3 Notes, together with any replacement Swap Provider [(which must be approved by the Insurer so long as no Insurer Default has occurred and is continuing)].] [“Swap Provider Issuer Secured Obligations” means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Swap Provider under this Indenture, the Sale and Servicing Agreement, the Swap Agreement or any other Basic Document.]
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Examples of Statutory Exemption in a sentence

  • CEQA: Statutory Exemption, CEQA Guidelines Section 15265, Adoption of Coastal Plans and Programs D.Update on Pacific Grove Library Renewal Project and Capital Campaign Reference: Scott Bauer, Library Director Recommended Action: Authorize the City Manager and Library Director to continue to pursue private fundraising for additional funding for the Library Renewal Project, and establish the following two-year plan:1.

Related to Statutory Exemption

  • New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.

  • Prohibited Transaction Class Exemption means U.S. Department of Labor prohibited transaction class exemption 84-14, 90-1, 91-38, 95-60 or 96-23, or any similar prohibited transaction class exemption issued by the U.S. Department of Labor.

  • Prior Exemption means any exemption from real property taxation for the Exemption Area pursuant to the Private Housing Finance Law or the General Municipal Law that was in effect prior to the Effective Date.

  • Exemption means the exemption from real property taxation provided hereunder.