Closely Held definition

Closely Held means, as of a given date, that we, as of such date, is “closely held” within the meaning of Section 856(a)(6) (without regard to Section 856(h)(2)) of the Code.

Closely Held means five or fewer individuals own more than fifty

Closely Held shall have the meaning prescribed in Section 856(h) of the Code.

Examples of Closely Held in a sentence

• Subject to applicable provisions in the Agreement, nothing contained in this Section 11.2 shall limit the authority of the Board of Directors to take such other action as it deems necessary or advisable to protect the Company and the interests of its Members in avoiding GREC being classified as a Closely Held C Corporation .

• Subject to applicable provisions in the Agreement, nothing contained in this Section 11.2 shall limit the authority of the Board of Directors to take such other action as it deems necessary or advisable to protect the Company and the interests of its Members in avoiding GREC being classified as a Closely Held C Corporation.

• From the date upon which this Charter is accepted for record by the State Department of Assessments and Taxation of the State of Maryland and prior to the Restriction Termination Date, any Transfer that, if effective, would result in the Corporation being Closely Held shall be void AB INITIO as to the Transfer of that number of shares of Stock which would cause the Corporation to be Closely Held, and the intended transferee shall acquire no rights in such shares of Stock.

• EFG FLP Gelman, “An Economist-Financial Analyst’s Approach to Valuing Stock of a Closely Held Company,” Journal of Taxation, June 1972, pp.

• In the event that the Corporation is no longer Closely Held on July 1, 2021, the Corporation shall have perpetual existence.

• RIGHTS Annotations Law reviews: For article, "Valuation of Stock in Closely Held Corporations", see 18 Colo.

• Closely Held Test ----------------- As noted above, a REIT may not be "closely held" (i.e., five or fewer ---- individuals -- or certain entities treated as individuals -- may not own more than 50 percent (by value) of the stock of a REIT at any time during the second half of each taxable year after its first year of electing REIT status).

• Xxxxxxxx and Xxxxx Xxxxx Fax No.: 000-000-0000 Copy to: Wacovia Bank, N.A., Trustee Estates and Closely Held Businesses GA - 0654 000 Xxxxxxxxx Xxxxxx, X.X., Xxxxx 0000 Xxxxxxx, XX 00000 Fax No: 000-000-0000 If to the Company: Mount Pleasant KPT LLC c/o Konover Property Trust, Inc.

• Closely Held Private Companies are corporations, limited partnerships and limited liability companies, held by a relatively small group of shareholders, often the founders, and usually not less than two nor more than 35 shareholders.

• Moroney, "Most Courts Overvalue Closely Held Stocks," Taxes, March 1973, pp.

More Definitions of Closely Held

Closely Held means the interests of the entity and the

Closely Held means "closely held" within the meaning of section 856(h)(1) of the Code, as modified by section 856(h)(3) of the Code and determined without regard to whether the ownership interest is held during the last half of a taxable year.

Closely Held means 80% of the vote or value of the stock, capital interests or profits interests is held by one U.S. individual taxpayer;

Closely Held means five or fewer individuals own more than fifty per cent of the ownership interest in the company, corporation or partnership.

Closely Held means 80% of the vote or value of the stock, capital interests or