Permitted Transaction definition

Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

Permitted Transaction means any transaction involving a MarketAxess SEF Swap that is not a Required Transaction.

Permitted Transaction shall have the meaning assigned to such term in Section 6.07 hereof.

Examples of Permitted Transaction in a sentence

• Manual Order Ticket for Permitted Transaction rate Swaps and credit Swaps thatare Cleared Swaps.

• Manual Order Ticket for Permitted Transaction interest rate swaps and creditdefault swaps that are Cleared Swaps.

• Such transactions must be composed of Swaps listed on the SEF operated by BSEF and each leg must be a Permitted Transaction.

• RULE 531.B. Complex Permitted Transactions (a) Two Participants may arrange bilaterally a Complex Permitted Transaction subject to BSEF Rules outside the SEF Platform.

• All payments in respect of a Permitted Transaction will be made without any deduction or withholding for or on account of any Tax unless such deduction or withholding is required by any Applicable Laws and Regulator Expectations, as modified by the practice of any relevant governmental revenue authority, then in effect.

More Definitions of Permitted Transaction

Permitted Transaction means a transaction involving a Swap that is not subject to the trade execution requirements set forth in Section 2(h)(8) of the CEA.

Permitted Transaction means any transaction that satisfies the requirements of Section 5(c).

Permitted Transaction means any transaction involving a Contract that is not a Required Transaction.

Permitted Transaction means a transaction involving a swap that is not subject to the trade execution requirement in section 2(h)(8) of the CEA.

Permitted Transaction shall have the meaning specified in Section 2.06(f).

Permitted Transaction means a stock acquisition or a tender or exchange offer pursuant to a definitive agreement by which a Person (who is not at the time an Acquiring Person) would become an Acquiring Person and which has been approved by a Requisite Majority prior to the execution of the definitive agreement providing for the acquisition or the public announcement of the offer, as the case may be.

Permitted Transaction means a transaction (i) for which all required approvals from each applicable Governmental Authority have been duly obtained, (ii) after which the Borrower will remain subject to “ring-fencing” measures substantially the same as the ring-fencing measures in effect on the Closing Date, unless such ring-fencing measures are (x) no longer required by the PUCT or (y) are modified by the PUCT, provided that, in the case of clause (y), the Borrower will maintain “ring-fencing” measures as required by the PUCT, (iii) that does not result in the Borrower’s Debt Rating issued by S&P being lower than BBB- (stable) or the Borrower’s Debt Rating issued by Xxxxx’x being lower than Baa3 (stable), and (iv) at the time of and after giving effect to which, no Default shall have occurred and be continuing.