What If I Engage in a Prohibited Transaction Sample Clauses

What If I Engage in a Prohibited Transaction. If you engage in a “prohibited transaction,” as defined in Section 4975 of the Internal Revenue Code, your account will be disqualified, and the entire balance in your account will be treated as if distributed to you and will be taxable to you as ordinary income. Examples of prohibited transactions are:
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What If I Engage in a Prohibited Transaction. If you engage in aprohibited transaction,” as defined in Section 4975 of the Internal Revenue Code, your account could lose its tax-favored

Related to What If I Engage in a Prohibited Transaction

  • Prohibited Transactions Since the earlier of (a) such time as such Investor was first contacted by the Company or any other Person acting on behalf of the Company regarding the transactions contemplated hereby or (b) thirty (30) days prior to the date hereof, neither such Investor nor any Affiliate of such Investor which (x) had knowledge of the transactions contemplated hereby, (y) has or shares discretion relating to such Investor’s investments or trading or information concerning such Investor’s investments, including in respect of the Securities, or (z) is subject to such Investor’s review or input concerning such Affiliate’s investments or trading (collectively, “Trading Affiliates”) has, directly or indirectly, effected or agreed to effect any short sale, whether or not against the box, established any “put equivalent position” (as defined in Rule 16a-1(h) under the 0000 Xxx) with respect to the Common Stock, granted any other right (including, without limitation, any put or call option) with respect to the Common Stock or with respect to any security that includes, relates to or derived any significant part of its value from the Common Stock or otherwise sought to hedge its position in the Securities (each, a “Prohibited Transaction”). Prior to the earliest to occur of (i) the termination of this Agreement, (ii) the Effective Date or (iii) the Effectiveness Deadline, such Investor shall not, and shall cause its Trading Affiliates not to, engage, directly or indirectly, in a Prohibited Transaction. Such Investor acknowledges that the representations, warranties and covenants contained in this Section 5.11 are being made for the benefit of the Investors as well as the Company and that each of the other Investors shall have an independent right to assert any claims against such Investor arising out of any breach or violation of the provisions of this Section 5.11.

  • Prohibited Items Only refrigeration appliances supplied with the Room are to be used. No other refrigeration items are to be brought into the Room. In order for appliances to be used in the Residence, they must bear a visible serial number and a CSA or UL identification tag. Irons, toaster ovens, coffee makers, electric kettles protected by automatic “shut off” may be used. Appliances found in rooms that do not bear a CSA or UL identification tag will be removed by the Manager at the Resident’s expense, without liability to the Manager for spoilage or damage to the appliance removed. The following are prohibited: open coil hot plates, deep fryers, indoor barbecues, fondues and the like; pets; candles, incense, lava lamps, halogen lamps, large musical instruments or noise producing devices such as subwoofers and PA systems, illegal substances, alcohol and illegal drug paraphernalia, single serving glass alcohol containers (i.e. beer bottles, coolers, etc.), novelty glass liquor bottles, and large common source containers (i.e. kegs, 60oz containers); weapons, replica weapons, or any device that is designed for (or could be used for) the purpose to intimidate, threaten, harm, or kill.

  • CONTINUING CONNECTED TRANSACTIONS THE POULTRY PURCHASE AGREEMENT As the existing purchase agreement will expire on 31 December 2013, the Company has on 16 December 2013 entered into the Poultry Purchase Agreement with Xx. Xxx (for and on behalf of the Relevant Entities) for the continue sourcing of raw poultry meat and poultry products from the Relevant Entities upon expiry of the existing purchase agreement. IMPLICATIONS UNDER THE LISTING RULES As of the date of this announcement, Xx. Xxx is a substantial shareholder of the Company who is indirectly interested in approximately 25.82% of the issued shares of the Company, and is therefore a connected person of the Company under the Listing Rules. The Relevant Entities, being entities owned and/ or controlled by Xx. Xxx and his associates, are associates of Xx. Xxx and are connected persons of the Company. Any transactions entered into between the Group and the Relevant Entities will constitute continuing connected transactions of the Company under the Listing Rules. As one or more of the applicable percentage ratios in respect of the Annual Caps of the Poultry Purchase Agreement exceed 0.1% but are less than 5%, the transactions contemplated under the Poultry Purchase Agreement are subject to the reporting, annual review and announcement requirements but are exempted from independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. THE POULTRY PURCHASE AGREEMENT The Company refers to its announcement dated 20 December 2010 regarding its sourcing of raw poultry meat and poultry products from certain entities owned and/ or controlled by Xx. Xxx, a connected person, for a term of three years commencing on 1 January 2011. As the existing purchase agreement will expire on 31 December 2013, the Company has on 16 December 2013 entered into the Poultry Purchase Agreement with Xx. Xxx (for and on behalf of the Relevant Entities) for the continue sourcing of raw poultry meat and poultry products from the Relevant Entities upon expiry of the existing purchase agreement. The principal terms of the Poultry Purchase Agreement are described below: Date : 16 December 2013 Parties : (i) The Company (for and on behalf of the members of the Group), as the buyer; and (ii) Xx. Xxx (for and on behalf of the Relevant Entities), as the seller. Term : Commencing on 1 January 2014 and ending on 31 December 2016.

  • Reportable Events Involving the Xxxxx Law Notwithstanding the reporting requirements outlined above, any Reportable Event that involves solely a probable violation of section 1877 of the Social Security Act, 42 U.S.C. §1395nn (the Xxxxx Law) should be submitted by Practitioner to CMS through the self-referral disclosure protocol (SRDP), with a copy to the OIG. If Practitioner identifies a probable violation of the Xxxxx Law and repays the applicable Overpayment directly to the CMS contractor, then Practitioner is not required by this Section III.G to submit the Reportable Event to CMS through the SRDP.

  • Extent of Return or Disposition Return or Disposition is partial. The categories of data to be disposed of are set forth below or are found in an attachment to this Directive: Return or Disposition is Complete. Disposition extends to all categories of data.

  • CERTAIN TERMINATIONS PROHIBITED; CERTAIN CANCELLATIONS NON-APPEALABLE The following circumstances will not be considered a valid basis for termination of this agreement, and will be considered non- appealable or irrelevant to an appeal of a cancellation fee assessment:

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