Basic Transaction definition

Basic Transaction shall have the meaning set forth in Section 1.2.
Sample 1
Basic Transaction is the contract on goods and services which are prepared, concluded and/or processed underlying the present framework contract. “UN/EDIFACT” In accordance with the definition by the UN/ECE (United Nations Economic Commission for Europe) the regulations of the United Nations on Electronic Data Interchange in Administration, Trade, Transport and Traffic comprise a number of internationally agreed norms, indexes and guidelines for the electronic interchange of structured data, in particular for the exchange between independent, computer-based information systems in conjunction with the exchange of goods and services. "Transaction Journal" is the chronological record kept by each party containing all EDI notifications as sent/received.
Sample 1

Examples of Basic Transaction in a sentence

  • If Modavox is acquired on or before the Closing Date, the transactions described herein (including both the Basic Transaction to purchase 60% of Seller as described in Section 2 and the Option to buy the remaining 40% of Seller as described in Section 5) shall accelerate and the Closing Date for purposes of this Agreement shall mean the day before the date on which Modavox is so acquired.

  • This booklet contains the Terms and Conditions for the following accounts: Demand Deposit Accounts Cheque Accounts Overseas Student Accounts Online Saver Accounts Basic Transaction Accounts Home Loan Offset Account (HLOA)The above accounts are Transactional and At Call Accounts.

  • The closing of the Basic Transaction (the "Closing") shall take place at the offices of the Company on June 18, 2004 or at such other time and place as the Parties may agree, but in no event later than July 2, 2004 (U.S. west coast time); provided, however, that if a Force Majeur prevents the Parties from holding the Closing by such date, this date shall be automatically extended by ten (10) days.

  • For the duration of the Basic Transaction and in the event of its failure, the obligation to repay loans (as well as the interest calculated so far and in the future) extended to Work Service by Prohuman currently amounting to about 49 m PLN shall also be postponed until 31.12.2021.The Term Sheet provides for the right of withdrawal on terms specified therein.

  • CAC will duly fulfill and comply with all obligations on the part of CAC to be fulfilled or complied with under or in connection with each Loan, each Dealer Agreement, each Purchase Agreement and the other Basic Transaction Documents will do nothing to impair the rights of Funding (or its assigns) in, to and under the Contributed Property.

  • The obligations of the Purchaser to purchase the Shares and consummate the Basic Transaction are set forth in Schedule F hereto, all of which are incorporated herein by reference and constitute part of this Agreement, and the Company and the Sellers shall have complied with the pre-closing covenants set forth in Schedule I hereto, all of which are incorporated herein by reference and constitute part of this Agreement.

  • The obligations of the Company and the Sellers to sell the Shares and consummate the Basic Transaction are set forth in Schedule G hereto, all of which are incorporated herein by reference and constitute part of this Agreement.

  • On and subject to the terms and conditions of this Agreement, at the Closing, (a) the Purchaser agrees to purchase from each Seller and each Seller agrees to sell to the Purchaser the number of Shares specified by each Seller's name in Schedule A free and clear of all Encumbrances (the "Basic Transaction") and (b) each Seller further grants to the Purchaser an option to purchase its remaining Shares on the terms specified in Section 1.6 of this Agreement (the "Option").

  • If PRN chooses not to grieve an issue on behalf of an individual RN, the RN may file a grievance using the Hospital’s grievance procedure (El Camino Hospital Human Resources Policy and Procedure #10.01).

  • Prime hereby covenants that there shall be no increase in the levels of direct or indirect ownership or beneficial rights referred to in clauses (i), (ii) and (iii) of the immediately preceding sentence beyond the thresholds set forth therein from and after the closing of the Basic Transaction through and including the Indemnification Expiration Date.

Related to Basic Transaction

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Strategic Transaction means a transaction or relationship in which the Company issues shares of Common Stock to an entity which is, itself or through its subsidiaries, an operating company in a business related to the business of the Company and in which the Company receives material benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Transaction means the transactions contemplated by the Transaction Documents.

  • electronic transaction means a paperless transfer of funds to or from a trust or fiduciary account. Electronic transactions do not include transfers initiated by voice or automated teller or cash dispensing machines.

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Acquisition Transaction means any transaction or series of transactions involving:

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Phone/Electronic Transaction means any (1) redemption of shares issued by an Investment Company, (2) election concerning dividend options available to Fund shareholders, (3) exchange of shares in a registered account of one Fund into shares in an identically registered account of another Fund in the same complex pursuant to exchange privileges of the two Funds, or (4) purchase of shares issued by an Investment Company, which redemption, election, exchange or purchase is requested by voice over the telephone or through an Electronic Transmission.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Approved Transaction means any transaction in which the Board (or, if approval of the Board is not required as a matter of law, the stockholders of the Company) shall approve (i) any consolidation or merger of the Company, or binding share exchange, pursuant to which shares of Common Stock of the Company would be changed or converted into or exchanged for cash, securities, or other property, other than any such transaction in which the common stockholders of the Company immediately prior to such transaction have the same proportionate ownership of the Common Stock of, and voting power with respect to, the surviving corporation immediately after such transaction, (ii) any merger, consolidation or binding share exchange to which the Company is a party as a result of which the Persons who are common stockholders of the Company immediately prior thereto have less than a majority of the combined voting power of the outstanding capital stock of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors immediately following such merger, consolidation or binding share exchange, (iii) the adoption of any plan or proposal for the liquidation or dissolution of the Company, or (iv) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company.

  • Separation Transaction means the sale or separation of the non-television business of the Holding Company in whole or in part, whether by asset sale or otherwise.

  • Business Combination Transaction means:

  • Electronic Transactions Act means the Electronic Transactions Act (As Revised) of the Cayman Islands.

  • Transaction Person with respect to a Transaction shall mean (i) any Person who (x) is or will become an Acquiring Person or a Principal Party (as such term is hereinafter defined) if the Transaction were to be consummated and (y) directly or indirectly proposed or nominated a director of the Company which director is in office at the time of consideration of the Transaction, or (ii) an Affiliate or Associate of such a Person.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Reorganization Transactions shall have the meaning set forth in the Recitals.

  • Alternate Transaction shall have the meaning assigned to such term in Section 6.7(iii) hereof.