Transactions with Connected Persons. 14.1 The Trust Property shall not be invested in any security of a company if any director officer of the Management Company individually owns more than five percent of the total nominal amount of the securities issued or collectively own more than ten percent of these securities, except as may otherwise be permissible under Rules and Regulations.
14.2 The Scheme shall not without the prior approval of the Commission in writing, purchase from, or sell any security to the Management Company or to any director, officer or employee of the Management Company or a collective Investment Scheme managed by it or to any person who beneficially owns ten percent or more of the equity securities of the collective Investment Scheme or the Management Company as the case may be.
14.3 For the purpose of sub- clause 14.1and 14.2 above the term director, officer and employee shall include spouse, lineal ascendants, brothers and sisters.
14.4 Cash forming part of the Trust Property of the Scheme may be placed as deposits with the Trustee or the Custodian, which is a Banking company or an non-Banking finance company, return shall be paid on the deposit by such trustee or Custodian at a rate that is not lower than the rate offered by the said Banking company or non- Banking finance company to its other depositors on deposits of similar amount and maturity.
14.5 Money can be borrowed from the Trustee or any institution provided that the charges are not higher than the normal Bank charges.
14.6 All transactions carried out and on behalf of the Scheme with Connected Person(s) shall be made as provided in the Constitutive Documents and shall be disclosed in the Scheme’s annual report.
Transactions with Connected Persons. The Borrower shall not, and shall procure that Gazit Midas and all other Subsidiaries of the Borrower shall not, have any dealings or enter into any transaction with XXX other than on arm’s length terms and in accordance with then current market conditions, to the extent available, or if not available as approved by all requisite organs of the relevant parties pursuant to applicable laws.
Transactions with Connected Persons. I. The Trust Property shall not be invested in any security of a company if any director or officer of the Management Company individually owns more than five per cent of the total nominal amount of the securities issued or collectively the directors and officers of the Management Company in their individual capacities own more than ten per cent of those securities.
II. The Fund shall not purchase from or sell any security to the Management Company or the Trustee or to any director, officer or employee of the Management Company or Trustee or to any person who beneficially owns ten per cent or more of the equity of the Management Company or the Trustee, or the major shareholders of the Trustee Company, save in the case of such party acting as an intermediary.
III. For the purpose of sub-paragraphs (i) and (ii) above the term director, officer and employee shall include spouse, lineal ascendants and descendants, brothers and sisters.
Transactions with Connected Persons. I. The Management Company in relation to the Scheme shall not invest in any security of a company if any director or officer of the Management Company owns more than five per cent of the total amount of securities issued, or, the directors and officers of the Management Company own more than ten per cent of those securities collectively.
II. The Management Company on behalf of the Scheme shall not without the approval of its Board of Directors in writing and consent of the Trustee, purchase from, or sell to, any Connected Person or employee of the Management Company. Provided that above shall not apply to the issue and, sale or redemptions of units or shares or certificates issued by the Collective Investment Scheme.
III. For the purpose of sub-paragraphs (i) and (ii) above the term director, officer and employee shall include spouse, lineal ascendants and descendants, brothers and sisters.
IV. The Management Company on behalf of the Scheme shall not take Exposure of more than 10% of Net Assets of the Scheme in listed group companies of the Management Company and such Exposure shall only be made through the secondary market.
V. All transaction carried out by or on behalf of the Scheme with Connected Person(s) shall be made as provided in the Constitutive Documents, and shall be disclosed in the Scheme’s annual reports.
VI. Cash forming part of the Deposited Property of the Scheme may be placed as deposits with the Trustee or an institution licensed to accept deposits.
VII. Money can be borrowed from the Trustee or any other institution provided that the charges are not higher than the normal bank changes.
Transactions with Connected Persons. I. The Management Company in relation to the Scheme shall not invest in any security of a company if any director or officer of the Management Company owns more than five per cent of the total amount of securities issued, or, the directors and officers of the Management Company own more than ten per cent of those securities collectively.
II. The Management Company on behalf of the Scheme shall not without the prior approval of the Commission in writing, purchase from, or sell to, any Connected Person or employee of the Management Company.
III. For the purpose of sub-paragraphs (i) and (ii) above the term director, officer and employee shall include spouse, lineal ascendants and descendants, brothers and sisters.
IV. The Management Company on behalf of the Scheme shall not take Exposure of more than 10% of Net Assets of the Scheme in listed group companies of the Management Company and such Exposure shall only be made through the secondary market.
V. All transaction carried out by or on behalf of the Scheme with Connected Person(s) shall be made as provided in the Constitutive Documents, and shall be disclosed in the Scheme’s annual reports.
VI. Cash forming part of the Deposited Property of the Scheme may be placed as deposits with the Trustee or an institution licensed to accept deposits.
VII. Money can be borrowed from the Trustee or any other institution provided that the charges are not higher than the normal bank changes.
Transactions with Connected Persons. 5.15.1 At the Closing Date, there is not outstanding:
(i) any indebtedness or other liability (actual or contingent) owing by the Company to any Connected Person or owing to the Company by any Connected Person except intercompany loans granted by the Company to its Subsidiaries or granted by its Subsidiaries to the Company as set out in Exhibit 5.15.1 (Intercompany Loans); or (ii) any guarantee or security for any such indebtedness or liability.
5.15.2 Neither the Sellers nor any Connected Person, whether individually or collectively with any other person or persons, has a legal or beneficial interest in any material intellectual property used by and not wholly owned by the Company.
5.15.3 Between the Disclosure Date and the Closing Date, the Company has not entered into any agreement with a Connected Person.
Transactions with Connected Persons. I. The Trust Property shall not be invested in any security of a company if any director or officer of the Management Company individually owns more than five per cent of the total nominal amount of the securities issued or collectively the directors and officers of the Management Company in their individual capacities own more than ten per cent of those securities.
II. The Fund shall not purchase from or sell any security to the Management Company or the Trustee or to any director, officer or employee of the Management Company or Trustee or to any person who beneficially owns ten per cent or more of the equity of the Management Company or the Trustee, or the major shareholders of the Trustee Company, save in the case of such party acting as an intermediary.
III. For the purpose of sub-paragraphs (i) and (ii) above the term director, officer and employee shall include spouse, lineal ascendants and descendants, brothers and sisters.
IV. The following must be stated:
a) Cash forming part of the property of the Scheme may be placed as deposits with the Trustee or an institution licensed to accept deposits;
b) Money can be borrowed from the Trustee or any other Institution provided that the charges are not higher than the normal bank charges. 1Subject to the Rules, any transaction between the Trust and the Management Company or any of their respective connected persons as principal shall only be made with the prior written consent of the Trustee. 1The Management Company on behalf of a Scheme shall not without the approval of the Board of Directors in writing and consent of trustee, purchase from, or sell any securities to any connected person or employee of the Asset Management Company.
Transactions with Connected Persons. 8.1 The Scheme shall not invest in any security of a company if any director or officer of the Management Company, owns more than five percent of the total nominal amount of the securities issued, or, collectively the directors and officers of the Management Company own more than ten per cent of those securities
(i) No person shall be allowed to enter on behalf of the Scheme into underwriting or sub-underwriting contracts without the prior consent of the Trustee unless the Management Company provides in writing that all commissions and fees payable to the Management Company under such contracts and all investments acquired pursuant to such contracts shall form part of the Trust Property.
(ii) All transactions carried out by or on behalf of the Scheme shall be made as provided in the Constitutive Documents, and shall be disclosed in the Scheme’s annual report.
(iii) Money can be borrowed from the trustee or any other institution provided that the charges are not higher than the normal bank charges.
(iv) 16 [The Trustee shall not invest in units of the Scheme.]
8.3 The Fund shall not purchase from or sell any security to the Management Company or the Trustee or to any director, officer or employee of the Management Company or Trustee or to the major shareholders of the Trustee, save in the case of such party acting as an intermediary.
Transactions with Connected Persons. Except as listed in Exhibit 4.20 (Related-Party Transactions), neither KTM nor any of its Subsidiaries have entered into any agreements with Connected Persons which are not yet fulfilled by all parties thereto, and there is no indebtedness or other liability (actual or contingent) owing by KTM or any of its Subsidiaries to any Connected Persons or owing to KTM or any of its Subsidiaries by any Connected Persons.
Transactions with Connected Persons. I. The Management Company in relation to the Scheme shall not invest in any security of a company if any director or officer of the Management Company owns more than five per cent of the total amount of securities issued, or, the directors and officers of the Management Company own more than ten per cent of those securities collectively.
II. 1The Management Company on behalf of a Scheme shall not without the approval of the Board of Directors in writing and consent of trustee, purchase from, or sell any securities to any connected person or employee of the Asset Management Company.The Management Company of the Scheme shall not without the prior approval of the Commission in writing, purchase from, or sell to, any Connected Person or employee of the Management Company or a collective investment scheme managed by it or a person who beneficially owns ten per cent or more of the equity securities of the collective investment scheme or Management Company, as the case may be.
III. For the purpose of sub-paragraphs (i) and (ii) above the term director, officer and employee shall include spouse, lineal ascendants and descendants, brothers and sisters.
IV. All transaction carried out by or on behalf of the Scheme with connected person(s) shall be made as provided in the constitutive Documents, and shall be disclosed in the Scheme’s annual reports.
V. All cash forming part of the Deposited Property of the Scheme may be placed as deposits with the Trustee or an institution licensed to accept deposits;
VI. Money can be borrowed from the Trustee or any other institution provided that the charges are not higher than the normal bank changes; II Any transaction between the Scheme and the Management Company or any of their Connected Persons as principal may only be made with the prior written consent of the Trustee.
