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

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.

  • A notable example of periodic orbital outbursts is seen in the LMC source A0535−668, where the eccentricity is ∼0.7. This system shows extreme changes in spectrum and brightness at all wavelengths near periastron (e.g. Charles et al.

  • Except as otherwise permitted in Section 1.5, Parent may not Transfer its Controlling Interest in and to Member to any Person (an "Acceptable Transferee") until after the seventh (7th) anniversary of the date of Commercial Operation of Unit 1.

  • Following any Transfer, the Acceptable Transferee is subject to obligations of the “Developer” under this Agreement with respect to the interest assigned and shall agree to abide by and be subject to all of the terms, conditions, obligations, reservations and restrictions to which the transferor Developer is subject relating to the transferred interest.

  • 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 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 a Person proposed by the Selling Member in accordance with Section 7.1(c) and either accepted or not
Acceptable Transferee means BarCap, Credit Suisse AG, Xxxxxxx Xxxxx, XX Xxxxxx, Citibank, UBS, Bank of America Xxxxxxx Xxxxx, Xxxxxx Xxxxxxx, MuFG, BNP Paribas, Societe Generale, Deutsche Bank AG, HSBC Bank plc and Nomura Holdings, Inc. or any of their respective Affiliates.
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 any Person that (a) (i) has current long-term senior unsecured debt (outstanding for not less than four (4) fiscal quarters) rated not less than “BBB-” by S&P or Fitch or “Baa3” by Moody’s, or an equivalent issuer rating, or (ii) has a minimum tangible net worth of Two Hundred Fifty Million Dollars ($250,000,000) or is controlled, directly or indirectly, by a person that satisfies either criteria set forth in clause (a)(i) or (a)(ii); (b) has owned or operated, for a period of at least two (2) years, (or (i) is the subsidiary of such an entity if any equity commitment obligations of such subsidiary are guaranteed by such entity or (ii) contracted with qualified entities that own or operate) at least 250 megawatts of utility scale solar generation assets and (c) is not a Disqualified Person.
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 Xxxxx’x Investor Services Limited or, if ratings from Standard & Poor’s Rating Services or Xxxxx’x 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 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.