De Minimis Transfer definition

De Minimis Transfer means a Transfer of less than 5,000 shares of Class A Stock (as such number may be adjusted from time to time to take into account any stock split, reverse stock split, stock dividend or similar transaction).
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De Minimis Transfer means a transfer of less than 2% of the outstanding shares of Company Common Stock in any 180-day period.
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De Minimis Transfer has the meaning set forth in Section 4.1(b).
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Examples of De Minimis Transfer in a sentence

  • For purposes of this Section 2, a sale to a third party shall not include a Transfer by MJD Partners (i) pursuant to a Registration in - accordance with the Registration Rights Agreement or (ii) pursuant to Section -- 1.5 ("De Minimis Transfer"), Section 3.3 ("Tag-Along Rights"), Section 3.4 ("Drag-Along Rights"), Section 5 ("Involuntary Transfers") or Section 6 ("Auction Sale Procedure").

  • By comparing various isotopic combinations of hydrogen charging solutions, i.e. normal H2O + 0.1 M NaOH, fully deuterated D2O + 0.1 M NaOD, and the unconventional D2O + 0.1 M NaOH and H2O + 0.1 M NaOD, the actual hydrogen source can be investigated by the resultant H/D detection.

  • De Minimis Transfer Defense Section 547(c)(9) prohibits a bankruptcy trustee from avoiding a transfer when its value does not exceed $5,850.

  • De Minimis Transfer Amount Under the Proposed Amendments, any margin that a member firm is required to collect with respect to bilateral transactions in Covered Agency Securities with a single counterparty need not be collected if the aggregate uncollected amount does not exceed $250,000 (the “de minimis transfer amount”), provided the member firm deducts such amount in computing netcapital as provided in Exchange Act Rule 15c3-1.

  • Management should consult with Employee Relations to determine the most appropriate course of action pending the completion of an investigation.

Related to De Minimis Transfer

  • 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.

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • De minimis means an amount small enough as to make not accounting for it commercially reasonable or accounting for it administratively impractical, in each case as determined by the Managing Member.

  • De Minimis Purchases or Sales means purchases or sales by covered persons of up to 500 shares of stock in a company that is in the Standard and Poor's 500 Index provided that Delaware has not traded more than 10,000 shares of that same stock during the last two trading days and there are no open orders for that stock on the Trading Desk.

  • De Minimis Claim has the meaning set forth in Section 7.4(a).

  • Constructive Sale means, with respect to any security, a short sale or entering into or acquiring an offsetting derivative contract with respect to such security, entering into or acquiring a futures or forward contract to deliver such security or entering into any other hedging or other derivative transaction that has the effect of materially changing the economic benefits and risks of ownership of such security.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • Transfer Event means (i) a transfer of the ownership of a project, (ii) the sale or assignment of a partnership interest in a project owner and/or (iii) the refinancing of secured debt on a project. The following shall not be deemed a Transfer Event: (i) the transfer of the project or a partnership or membership interest in a project owner in which reserves remain with the project and the debt encumbering the project is not increased, refinanced or otherwise modified, (ii) the refinancing of project debt which does not increase the outstanding principal balance of the debt other than in the amount of the closing costs and fees paid to the project lender and third parties as transaction

  • 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.

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7. 42. Arrangements for counting of the votes 42.1 The returning officer is to make arrangements for counting the votes as soon as is practicable after the close of the poll. 42.2 The returning officer may make arrangements for any votes to be counted using vote counting software where:

  • Excluded Transfer means any transfer of VMTP Shares (1) to a tender option bond trust in which the Purchaser and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any tender option bond trust in which the Purchaser and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Shelter-in-place means staff and children staying at the fa- cility due to an external threat such as a storm, chemical or gas leak or explosion, or other event that prohibits the occupants from safely leaving the facility.

  • credit transfer means a payment service for crediting a payee’s payment account with a payment transaction or a series of payment transactions from a payer’s payment account by the payment service provider which holds the payer’s payment account, based on an instruction given by the payer;

  • Exempt Transfer means, in relation to shares held by a member:

  • Permitted Joint Venture Investment means, with respect to any specified Person, Investments in any other Person engaged in a Permitted Business of which at least 40% of the outstanding Capital Stock of such other Person is at the time owned directly or indirectly by the specified Person.

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.