Examples of Covered Transaction in a sentence
Before entering a Covered Transaction with another entity, a Participant shall check the System for Award Management (the “XXX”) at xxxx://xxx.xxx.gov/ for an entry describing that entity.
The prospective lower tier participant further agrees by submitting this form that it will include this clause titled "Certification Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion - Lower Tier Covered Transaction," without modification, in all lower tier covered transaction and in all solicitations for lower tier covered transactions.
For the avoidance of doubt, however, the Administrator shall be under no obligation to (A) cause the Fund to forego an investment that would constitute a Covered Transaction or (B) take any action to avoid the Fund being or becoming a Foreign Person.
The Administrator is hereby authorized to take such actions as may be necessary or appropriate to cause the Fund to (i) avoid being or becoming a Foreign Person and (ii) make no investment in a Portfolio Company that constitutes a Covered Transaction.