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.
Sample 1Sample 2Sample 3
Connected Party Transaction. ’ means any transaction between any Connected Person and either the Trust or any of its subsidiaries, and includes also those transactions that would constitute connected transactions for listed companies contemplated under 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 timeSpecial Purpose Vehicle;
Sample 1
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;”
Sample 1

Examples of Connected Party Transaction in a sentence

  • The Board has set up Connected Party Transaction Control Committee, Risk Management Committee, Audit Committee and Remuneration Committee.

  • 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.

  • 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.

  • In chapter five the use of standardization is ex- plained before the procedural method for the development of a standardized procedure for the implementation of monitoring systems is presented.

  • Connected Party Transaction with HSBC Group* for Bank DepositsProsperity REIT has engaged The Hongkong and Shanghai Banking Corporation Limited, the holding company of the Trustee, to provide ordinary banking and financial services (namely, bank deposits and interest earned therefrom) within the year.

  • As part of the Group’s internal control systems, the Company’s Connected Party Transaction Panel, comprising the 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 Renewal Master Agreement.

  • Mr. Zhao Jiusu is the chairman of Connected Party Transaction Control Committee and Remuneration Committee; when the other Independent Director resigned in November, he stepped in as acting chairman for Audit Committee; and he is also a member of Risk Management Committee.

  • As the Shares of the Company are listed on the SET, the Company is required to comply with the Notification of the Capital Market Supervisory Board of the SEC Re: Criteria for Connected Transactions dated 31 August 2008 (the “Connected Party Transaction Notification”), if the Company or any of its subsidiaries makes a decision to enter into a transaction with a “connected person” (as defined in the Connected Party Transaction Notification).

  • 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.

  • Mr. Shen Minggao is the chairman of the Audit Committee and member of Risk Management Committee &Connected Party Transaction Control Committee.


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:
Sample 1
Connected Party Transaction means any transaction between (i) any Connected Person and (ii) either the Trust or any Special Purpose Vehicle;
Sample 1
Connected Party Transaction means any transaction between any Connected Person and either the Trust or any Special Purpose Vehicle;
Sample 1
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;
Sample 1

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.

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity-based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.

  • Excluded Transactions means:

  • Company Transaction means the consummation of

  • 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).

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

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

  • Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a material purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other material 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.

  • Arm’s Length Transaction means a transaction between two related parties that is conducted as if they were unrelated, so that there is no conflict of interest.

  • 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:

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • Disclosable transaction means any transaction in a security pursuant to which an access person would have a beneficial ownership.

  • 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:

  • FICASH II Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which one or more of the following two categories of securities, as specified by the Funds, shall constitute Eligible Securities: (x) securities issued by the government of the United States of America that are direct obligations of the government of the United States of America, or (y) securities issued by or guaranteed as to principal and interest by the government of the United States of America, or by its agencies and/or instrumentalities, including, but not limited to, the Federal Home Loan Bank, Federal Home Loan Mortgage Corp., Government National Mortgage Association, Federal National Mortgage Association, Federal Farm Credit Bank, Federal Intermediate Credit Bank, Banks for Cooperatives, and Federal Land Banks.

  • FICASH III Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which securities issued by the government of the United States of America that are direct obligations of the government of the United States of America shall constitute Eligible Securities.

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

  • Significant Transaction means a transaction which meets any one of the tests below:

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

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.