Excepted Person definition

Excepted Person. Defined in Section 13.13(a).

Excepted Person means a natural person to whom any of the following applies:

Excepted Person means a person who is under the jurisdiction of another Member State and, for the purposes of this definition, the Council Directive applies for the purpose of determining the state under the jurisdiction of which the person falls;

Examples of Excepted Person in a sentence

• If any Excepted Person discloses any confidential information pursuant to this Section 8.14(a), it shall provide prompt notice thereof to the Buyer or the Sellers, as appropriate.

• Except as otherwise provided pursuant to the Declaration of Trust of the Trust, no Person (unless such Person is an Excepted Person) may directly or indirectly own Common Shares and/or Preferred Shares in excess of that number of Shares which equals the lesser of 5.0% (or such greater percentage as may be determined by the Board of Trustees of the Trust) of (a) the number of outstanding Equity Shares of the Trust and (b) the value of outstanding Equity Shares of the Trust.

• If any Excepted Person discloses any confidential information pursuant to this Section 10.12(a), it shall provide prompt notice thereof to the Buyer or the Seller, as appropriate.

• Any transfer or issuance of Series E Preferred Shares that would (i) create a direct or indirect owner of Series E Excess Preferred Shares other than a Series E Preferred Excepted Person; or (ii) result in the Trust being "closely held" within the meaning of Section 856(h) of the Code, shall be void ab initio and the prospective acquiror shall not be entitled to any rights afforded to owners of Series E Preferred Shares hereunder and shall be deemed never to have had an interest therein.

• Any issuance of Series D Convertible Preferred Shares that would (i) create a direct or indirect owner of Excess Preferred Shares other than a Preferred Excepted Person; or (ii) result in the Trust being "closely held" within the meaning of Section 856(h) of the Code, shall be void ab initio and the prospective acquiror shall not be entitled to any rights afforded to owners of Series D Convertible Preferred Shares hereunder and shall be deemed never to have had an interest therein.

More Definitions of Excepted Person

Excepted Person means a natural person who:

Excepted Person means each of Wit Europese Investering, B.V. (formerly named Entreazca, B.V.), Tussen de Grachten BV, La Verdosa, S.L. and their respective Subsidiaries (as defined in Condition 4) from time to time.

Excepted Person means a natural person who is a quali- fied client as described in Rule 205−3(d)(1) under the investment advisers act of 1940.

Excepted Person means Financière de Tubize S.A., either by itself or acting together with (i) Schwarz Vermögensverwaltung GmbH, (ii) any shareholder of the Issuer with whom, as per the relevant Issue Date, Financière de Tubize S.A has declared acting in concert separately in accordance with article 1, §1, 13° of the law of 2 May 2007 on the disclosure of large shareholdings in issuers whose securities are admitted to trading on a regulated market and (iii) any person or persons controlled by Financière de Tubize S.A. or any of the persons referred to under (i) and (ii) above.

Excepted Person means a person in excepted employment;

Excepted Person means a natural person who is a qualified client as described in § 275.205- 3(d)(1).

Excepted Person. (除外人士) means-