Approved Transfer definition

Approved Transfer means (in relation to any shares held by a member):
Approved Transfer means any of the following that are initiated or approved by the Corporation or (with the approval of the Corporation) by a Member’s Employer –
Approved Transfer has the meaning provided in Section 8.1.

Examples of Approved Transfer in a sentence

  • The Approved Transfer Station utilized by the Contractor shall be designed and constructed in accordance with Applicable Laws.


More Definitions of Approved Transfer

Approved Transfer is defined in Section 22.3.
Approved Transfer means
Approved Transfer means any sale, conveyance, transfer, disposition or contribution by a Person, or any Subsidiary of such Person, to any Person ("Transferee") if such Person or Subsidiary has or obtains debt or equity interests in the Transferee.
Approved Transfer has the meaning set forth in Section 3.7. Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. Double Asterisks denotes omissions.
Approved Transfer has the meaning set forth in Section 4.07(a).
Approved Transfer means an Assignment of either Lessee’s or MSG S&E’s right, title, and interest in this Lease following the Opening Date to a Qualified Transferee ( provided that if both Lessee and MSG S&E are assigning their respective interests in the Lease concurrently, then only the assignee of MSG S&E must be a Qualified Transferee). A “Qualified Transferee” shall mean an entity which would immediately prior to such transfer (A) if a private company, have a minimum Tangible Net Worth of at least [*****] according to its most recent audited financial statements; (B) if a public company, (1) have a minimum Tangible Net Worth of at least [*****] according to its most recent financial statements, or (2) have an enterprise value of at least [*****] according to its most recent financial statements and public equity value based on a 60-day trailing volume-weighted average price; (C) has minimum unrestricted cash of [*****] (subject to an annual increase of [*****] over the Term of this Lease), according to its most recent audited financial statements; (D) has (or its Controlling Affiliate has) at least [*****] years’ demonstrable experience in operating a live concert and performance venues of a similar type and scale as the Project; and (E) shall not cause a Regulatory Conflict or Suitability Issue.
Approved Transfer means, in relation to a Rig Owner, the sale of up to fifty per cent. (50%) of the issued share capital in that Rig Owner which is on terms, and to a party, acceptable to the Facility Agent and which has been consented to in advance by the Facility Agent, in each case acting on the instructions of all the Lenders (acting reasonably);