Ultra Vires Transaction definition

Ultra Vires Transaction means any transaction made by the Investment Manager in respect of the Fund in violation of the Investment Guidelines.

Examples of Ultra Vires Transaction in a sentence

  • A failure of the tribe to respond within the seventy-five day period shall be construed as a declination to accept transfer of the case.

  • Where Party A or Party B has dispute over the Ultra Vires Transaction, they shall still act in accordance with the contents of the Ultra Vires Transaction notice first.

  • If Party B is unable to timely notify Party A or to receive the written instruction of Party A in time, and such dispute cannot be solved through a timely negotiation, Party B shall immediately issue Ultra Vires Transaction notices for the ultra vires portion, stating clearly the facts, reason and the details of the Ultra Vires Transaction, to Party A, the Investment Agent and the Trading Counterparties, respectively, and notify SITCA as well.

  • If the Calculation Agent is unable to obtain at least one Full Quotation within such period, the Calculation Agent shall determine the Final Price in a commercially reasonable manner on the basis of the market value of the Affected Collateral Security (which, for the avoidance of doubt, may be zero).

  • The custodian institution shall promptly carry out the settlement accordingly within the scope of the funds and certificates of discretionary investment assets that could be utilized after the custodian institution confirms that there is no Ultra Vires Transaction after checking relevant settlement vouchers.

  • Arno stockholders holding in the aggregate not more than five percent (5%) of the Arno Common Stock shall have delivered to Arno a written demand for appraisal in accordance with Section 262(d) of the DGCL.

  • A Ward Councillor has also objected to the application and if officers are minded to approve the application asks for it to be referred to Area Planning Panel.

  • In the event Party A determines that there is an Ultra Vires Transaction on the settlement instruction letter referred to in paragraph 1 or there is a dispute over such Ultra Vires Transaction, Party A shall, before 11:00 AM of the next business day of the transaction day, issue an Ultra Vires Transaction notice, stating clearly the facts, reasons and details of the Ultra Vires Transaction, to notify Party B, the Trading Counterparty and SITCA respectively.

  • In the event either Party A, Party B or the Investment Agent has disputes on the Ultra Vires Transaction, relevant parties shall still act in accordance with the contents of the Ultra Vires Transaction notices.

  • If the custodian fails to notify or fails to receive Party A’s written instruction in time, and the dispute cannot be timely settled through negotiation, the custodian institution shall immediately issue an Ultra Vires Transaction notice, stating clearly the facts, reasons and the details of the Ultra Vires Transaction, to notify Party A, Party B, the Trading Counterparty and SITCA of the same respectively.

Related to Ultra Vires Transaction

  • Securities Transaction means a purchase of or sale of Securities.

  • Contactless Transaction means a Transaction that is authorised by you touching or holding your Card or linked device against or near a POS Terminal without the need to insert your Card.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Subsidiary pursuant to which the Borrower or such Subsidiary may sell, convey, assign or otherwise transfer (or purport to sell, convey, assign or otherwise transfer) Securitization Assets (which may include a grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person.

  • Consumer-goods transaction means a consumer transaction in which:

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

  • Manufactured-home transaction means a secured transaction:

  • Suspicious transaction means a “transaction” as defined below, including an attempted transaction, whether or not made in cash, which, to a person acting in good faith:

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Public-finance transaction means a secured transaction in connection with which:

  • Hostile Acquisition means the acquisition of the capital stock or other equity interests of a Person through a tender offer or similar solicitation of the owners of such capital stock or other equity interests which has not been approved (prior to such acquisition) by resolutions of the Board of Directors of such Person or by similar action if such Person is not a corporation, and as to which such approval has not been withdrawn.

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Personal Securities Transaction means any transaction in a Covered Security in which an Access Person has a direct or indirect Pecuniary Interest.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Transaction Person with respect to a Transaction shall mean (i) any Person who (x) is or will become an Acquiring Person or a Principal Party (as such term is hereinafter defined) if the Transaction were to be consummated and (y) directly or indirectly proposed or nominated a director of the Company which director is in office at the time of consideration of the Transaction, or (ii) an Affiliate or Associate of such a Person.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Personal Securities Transactions means any transaction in a Security pursuant to which an Access Person would have a Beneficial Ownership interest with the exception of obligations of the U.S. Government, bankers’ acceptances, bank certificates of deposit, money market fund shares, commercial paper, high quality short-term debt instruments and registered open-end investment companies, none of which are funds advised or sub-advised by the Firm.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.