Bona fide purchaser for value definition

Bona fide purchaser for value means any person who provides consideration, including money or property, to a seller or transferor of real property or personal property equal to the fair market value of the real or personal property sold or transferred.
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Bona fide purchaser for value means a person who purchases property for value in good faith and without notice of any adverse claim to the property.
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Bona fide purchaser for value means a person who purchases legal title to a tobacco retailing business without actual or constructive notice of any infirmities, claims or equities against the title.
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Examples of Bona fide purchaser for value in a sentence

  • Bona fide purchaser for value" means any person who provides consideration, including money or property, to a seller or transferor of real property or personal property equal to the fair market value of the real or personal property sold or transferred.

  • Scholars elaborate 5 key defences that are not cumulative: Change of Position, Agency/Ministerial receipt, Bona fide purchaser for value without notice, Counter- restitution, and illegality.

  • Thus, he became the absolute owner being a Bona fide purchaser for value.

  • Owing to the foregoing, it was the Defendant?s testimony that same was/is therefore a Bona fide purchaser for value, without notice of any defect in the vendors title or at all.In this respect, the Defendant has therefore sought to rely on the Doctrine of bonafide purchaser for value without notice.

  • Bona fide purchaser for value without notice (BFPV) means a good faith purchaser who buys for value without notice of any other party’s claim or equitable interest against a property.

  • Meeting any other SSI criteria for blindness.(4) "Bona fide purchaser for value" means any person who provides consideration, including money or property, to a seller or transferor of real property or personal property equal to the fair market value of the real or personal property sold or transferred.

  • Bona fide purchaser for value without notice The choice between the equities of a wronged beneficiary and the rights of a third party receiving trust property improperly is in a sense easier to resolve in the case of a purchaser for value without notice.

  • Standard arguments based on part (( a )) of the previous lemma ensure that there exists the greatest solution of the equation X = £(X, B); we call this solution the B-syntactic peer preorder, and we denote it by “B.One immediate consequence of the syntactic nature of this preorder is that it is preserved by unfolding.

  • Meeting any other SSI criteria for blindness.(4) Bona fide purchaser for value "Bona fide purchaser for value" means any person who provides consideration, including money or property, to a seller or transferor of real property or personal property equal to the fair market value of the real or personal property sold or transferred.


More Definitions of Bona fide purchaser for value

Bona fide purchaser for value means a purchaser who has acquired the property in question in good faith for a consideration that reflects the value of the property at the time of its acquisition by the purchaser, having regard solely to commercial considerations.
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Bona fide purchaser for value means a purchaser who does not have actual knowledge of the infringing nature of the Goods at the time of the purchase.
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Bona fide purchaser for value means a third party not related by blood, marriage, or business association to the Participant, and with whom the Participant has entered into a good faith, arms length agreement in writing for sale and purchase of the property for a bona fide price. Upon closing of the sale of the Property and lawful conveyance of title to the bona fide purchaser, the Participant shall furnish the Company complete and accurate copies of the sales contract and all closing documents pertaining to the sale, including the deed or other legal instrument transferring title to the bona fide purchaser. If the Participant sells his or her property in this manner, and if the actual sales price is less than the fair market value of the property as determined under Section 4 above, then the Company will reimburse the Participant for the difference between such actual sales price, as shown in the closing documents, and the fair market value as determined by the appraisal method described in
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Related to Bona fide purchaser for value

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Substitute Purchaser is defined in Section 21.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Third Party Buyer means any Person other than (i) the Company or any of its Subsidiaries, (ii) any employee benefit plan of the Company or any of its Subsidiaries, (iii) the Investors or (iv) any Affiliates of any of the foregoing.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Purchaser means the organization purchasing the goods.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Third Party Purchaser has the meaning set forth in Section 3.1(a).

  • Co-Investor means any of (a) the assignees, if any, of the equity commitments of any Sponsor who become holders of Equity Interests in the Borrower (or any of the direct or indirect parent companies of the Borrower) on the Original Closing Date in connection with the acquisition of the Company by the Sponsor and (b) the transferees, if any, that acquire, within 90 days of the Original Closing Date, any Equity Interests in the Borrower (or any of the direct or indirect parent companies of the Borrower) held by any Sponsor as of the Original Closing Date.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Shareholder-Initiated Transfer Purchase means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract to a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollment such as transfer of assets within a Contract to a Fund as a result of “dollar cost averaging” programs, insurance company approved asset allocation programs, or automatic rebalancing programs; (ii) pursuant to a Contract death benefit; (iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled contributions, retirement plan salary reduction contributions, or planned premium payments to the Contract; or (v) pre-arranged transfers at the conclusion of a required free look period.

  • U.S. Purchaser is (a) any U.S. Person that purchased Units, (b) any person that purchased Units on behalf of any U.S. Person or any person in the United States, (c) any purchaser of Units that received an offer of the Units while in the United States, (d) any person that was in the United States at the time the purchaser’s buy order was made or the subscription agreement for Units was executed or delivered;

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Purchaser/ User means ultimate recipient of goods and services

  • Anchor Investor means a Qualified Institutional Buyer, applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the Red Xxxxxxx Prospectus and who has Bid for an amount of at least ₹100 million.

  • Investor is defined in the preamble to this Agreement.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • retail investor means a person who is one (or more) of the following: