Connected Party Transaction definition

Connected Party Transaction means any form of transfer of assets, rights and obligations between the Borrower and its Affiliates. “Significant related party transaction” refers to the related party transaction whose transaction amount is greater than RMB 500 million or whose transaction amount accounts for more than 10% of the borrower’s net assets.
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Connected Party Transaction means any transaction between any Connected Person and the Trust or any subsidiary of the Trust, and includes also those transactions that would constitute connected transactions for listed companies contemplated under paragraph 8.7A of the Code, but excludes transactions which are not regarded as connected party transactions under the Code, the Listing Rules (to the extent appropriate and practicable) or any published guidelines, policies, practice statements or other guidance issued by the SFC from time to time;
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Connected Party Transaction means any transaction between any Connected Person and either the Trust or any Special Purpose Vehicle;
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Examples of Connected Party Transaction in a sentence

  • Any member of the Board Audit & Risk Committee who has an interest in the transaction under discussion will abstain from voting on the approval of the Connected Party Transaction, but may, if so requested by the Chairperson of the Committee, participate in some or all of the committee’s discussions of the Connected Party Transaction.

  • The Connected Party Transaction Panel generally holds meetings biweekly to review and monitor all continuing connected transactions of the Group.

  • Pursuant to the Listing Manual, the Company will announce the aggregate value of Interested Person Transactions conducted with Interested Persons pursuant to the IPT Mandate and the Connected Party Transaction Notification (effective from 31 August 2008) for the quarterly financial periods which the Company is required to report on and within the time required for the announcement of such report.

  • Therefore, he may be deemed as a connected person of the Company pursuant to the Connected Party Transaction Rules and the transaction size is larger than 3% of the net tangible assets of the Company.

  • Pavinee Meensuk) Director and Company Secretary Shangri-La Hotel Public Company Limited Registration No. 0107537001773Information Memorandum Regarding the Connected Party Transaction 1.

  • The special committees under the Board of Directors convened 22 meetings in total, including 4 meetings of the Strategy Committee, 4 meetings of the Audit Committee, 4 meetings of the Risk Management Committee, 3 meetings of the Nomination Committee, 3 meetings of the Remuneration Committee and 4 meetings of the Connected Party Transaction Control Committee.

  • In determining whether to approve a Connected Party Transaction, the requesting and approving authority will consider, among other factors, the following factors to the extent relevant to the Connected Party Transaction: • Exposures to connected counter parties may be justified only when undertaken for the clear commercial advantage of the bank, when negotiated and agreed on an arm’s length basis, and when included in the policy statement agreed with the Central Bank.

  • Where necessary, the Connected Party Transaction Panel will conduct bi-annual review of the transactions under the Renewal Master Agreement to ensure the transactions are conducted within the framework of the Renewal Master Agreement and monitor the utilization of the Annual Caps to ensure timely compliance with the requirements under Chapter 14A of the Listing Rules.

  • Internal controlAs stated in the letter from the Board, as part of the Group’s internal control systems, the Company’s Connected Party Transaction Panel, comprising the administration director, finance general manager, legal senior manager and the finance/administration general managers of two subsidiaries of the Company, will assist the Directors to review and monitor all connected transactions of the Group including the transactions under the Royalty Agreement.

  • Pavinee MeensukDirector and Company Secretary Shangri-La Hotel Public Company Limited Registration No. 0107537001773Information Memorandum Regarding the Connected Party Transaction 1.


More Definitions of Connected Party Transaction

Connected Party Transaction means any transaction between any Connected Person and either the Trust’s group or any transaction falling within 8.6 of the REIT Code, and includes also those transactions that would constitute connected transactions for listed companies contemplated under 8.7A of the REIT Code, but excludes transactions which are not regarded as connected party transactions under the REIT Code, the Listing Rules (to the extent appropriate and practicable) or any published guidelines, policies, practice statements or other guidance issued by the SFC from time to timeor any Special Purpose Vehicle;” 5. The definition of “Connected Person” under clause 1.1 of the Trust Deed be amended as follows:
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Connected Party Transaction means the transfer of assets or liabilities or the performance of services by, or to a connected person irrespective of whether or not a price is charged;
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Connected Party Transaction means any transaction between (i) any Connected Person and (ii) either the Trust or any Special Purpose Vehicle;
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Connected Party Transaction means any transaction between any Connected Person and either the Trust or any Special Purpose Vehicle or (if the Manager manages any other real estate investment trust authorized under the Code in addition to the Trust) any transaction between the Trust and any such other real estate investment trusthas the same meaning ascribed to it under the Code;”
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Related to Connected Party Transaction

  • Related Party Transaction means any transaction directly or indirectly involving any Related Party which is a transfer of resources, services or obligations between a company and a related party, regardless of whether a price is charged.

  • Related Party Transactions has the meaning set forth in Section 3.21.

  • Material Related Party Transactions means any transaction/transactions to be entered into individually or taken together with previous transactions during a financial year exceeds 10% of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Competing Transaction has the meaning set forth in Section 6.1(n).

  • Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the Board of Directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Company's or such subsidiary's ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • 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.

  • 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.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

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

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

  • Permitted Transactions has the meaning set forth in Section 13(B).