Acceptable Transferee definition

Acceptable Transferee means, as of the date of the consummation of any Permitted Transfer, a Person (including any predecessor-in-interest) that (a) during each of the three years immediately prior to such date, has produced not less than 6,000,000 tons of coal (whether directly or through one or more of its wholly-owned Subsidiaries and including any such coal produced at a mine owned by such Person or such Person’s wholly-owned Subsidiary by a contract miner hired by such Person or such Person’s wholly-owned Subsidiary), (b) during the five years immediately prior to such date, has not been the subject of a bankruptcy, insolvency, reorganization, liquidation or similar proceeding, or a receiver, trustee, conservator, intervenor or sequestrator or the like has been appointed for such Person, (c) has not been permanently, or is not as of such date temporarily, precluded by any Governmental Authority from holding any Environmental or Mining Permits necessary for the development, construction, ownership, operation or maintenance of the Deer Run Mine and (d) has a minimum tangible net worth of $200,000,000 (on a consolidated basis with its Subsidiaries).

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Acceptable Transferee means a Person proposed by the Selling Member in accordance with Section 7.1(c) and either accepted or not objected to by the Offeree Member within the time period set forth in such Section.

Acceptable Transferee means a Person that (a) is Creditworthy, (b) if such Person is acquiring an Interest prior to the Lock-Up Date through a Transfer other than a Permitted Transfer, has or is an Affiliate of a Person that has at least five (5) years of experience as the operator or Controlling owner of 230 kilovolt or higher voltage electric transmission projects, (c) if such Person is acquiring an Interest through a Transfer other than a Permitted Transfer, is not a Prohibited Transferee,

Examples of Acceptable Transferee in a sentence

No less than one hundred twenty (120) days prior to a Transfer by Parent of a Controlling Interest to an Acceptable Transferee (other than a Permissible Transferee), Parent shall provide to Lessee, with a copy to Member and Lessor, a written notice of the proposed Transfer, including the terms and conditions of the proposed Transfer and the name of the Acceptable Transferee.
No less than one hundred twenty (120) days prior to a Transfer by Member of a Controlling Interest to an Acceptable Transferee (other than a Permissible Transferee), Member shall provide to Lessee, with a copy to Lessor, a written notice of the proposed Transfer, including the terms and conditions of the proposed Transfer and the name of the Acceptable Transferee.
It shall be a condition precedent to any Transfer pursuant to this Right of First Refusal Agreement that the PSCW determines that the Acceptable Transferee meets the requirements in Section 1.1(b) (i)-(iii).
It shall be a condition precedent to any Transfer pursuant to this Right of First Refusal Agreement that the PSCW determines that the Acceptable Transferee meets the requirements in Section 1.1(a) (i)-(iii).
Subject to the foregoing, the Manager shall determine the securities to be purchased or sold by the Fund and will place orders pursuant to its determination with or through such persons, brokers or dealers in conformity with the policy with respect to brokerage as set forth in the Registration Statement or as the Board of Trustees may direct from time to time.

More Definitions of Acceptable Transferee

Acceptable Transferee has the meaning given to it in Section 4.1(b) of this Agreement.

Acceptable Transferee means BarCap, Credit Suisse AG, Goldman Sachs, JP Morgan, Citibank, UBS, Bank of America Merrill Lynch, Morgan Stanley, MuFG, BNP Paribas, Societe Generale, Deutsche Bank AG, HSBC Bank plc and Nomura Holdings, Inc. or any of their respective Affiliates.

Acceptable Transferee means a bank or financial institution (i) which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by Standard & Poor’s Rating Services and A3 or higher by ▇▇▇▇▇’▇ Investor Services Limited or, if ratings from Standard & Poor’s Rating Services or ▇▇▇▇▇’▇ Investor Services Limited are not available, a comparable rating from an internationally recognised credit rating agency and (ii) whose principal registered office is located in an OECD country provided that such Acceptable Transferee is not incorporated, domiciled, established or acting through a Facility Office situated in a Non-Cooperative Jurisdiction.

Acceptable Transferee means a Person proposed by the Selling Member in accordance with Section 7.1(c) and either accepted or not

Acceptable Transferee for the purposes of Section 4.1(a) means a Person that is not any of: (i) a Person incorporated or resident in or a citizen of Turkey (other than a Turkish entity controlled directly or indirectly by non-Turkish owners); or (ii) a Person outside of Turkey which directly or indirectly is controlled or jointly controlled by Turkish beneficial owners.

Acceptable Transferee means that the proposed transferee of the Leasehold Estate satisfies each and every one of the following criteria, as evidenced to the City by such documentation as the City shall reasonably request:

Acceptable Transferee means BarCap, Credit Suisse AG, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇, Citibank, UBS, Bank of America ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, MuFG, BNP Paribas, Societe Generale, Deutsche Bank AG, HSBC Bank plc and Nomura Holdings, Inc. or any of their respective Affiliates.