Excepted Transaction definition

Excepted Transaction has the meaning set forth in the definition of AT&T Broadband Acquisition Proposal.

Excepted Transaction is a transaction specified in Section 25 of the Tariff for the applicable period specified in that Section, or in Sections 25A and 25B of the Tariff.

Excepted Transaction means a merger, sale of all or substantially all of the voting securities or assets or similar transaction (i) between or among the Corporation and one or more affiliates of GCC or other REITs managed directly or indirectly by GCC or (ii) in which the Corporation becomes internally managed by a substantial number of the GCC real estate management team or by Persons that were or are affiliates of GCC.

Examples of Excepted Transaction in a sentence

• The filing of this civil action automatically extends the effective period of the EPA Order by 14 days, and the Court is authorized to order any longer period as may be appropriate, in addition to ordering such other and further relief as it deems proper.

• The party responsible for paying the Congestion Cost associated with energy purchased under the Excepted Transactions listed in Attachment G-3 will retain their existing contract rights for physical scheduling of a transaction at the External Node associated with the Excepted Transaction until such party elects to be allocated Auction Revenue Rights pursuant to Market Rule 1.

• Until the party responsible for paying the Congestion Cost associated with energy purchased under an Excepted Transaction listed in Attachment G-3 elects to be allocated Auction Revenue Rights, the Excepted Transaction shall have physical scheduling and curtailment rights in accordance with Section II.44(1)(a) of this OATT.

• Once the party responsible for paying the Congestion Cost associated with energy purchased under the Excepted Transaction elects to be allocated Auction Revenue Rights, the party will not be able to revert back to using their contract rights for physical scheduling and curtailment.

• The terms and conditions stipulated in the forgoing paragraphs shall be governed in accordance with the law in force in State of Utah.

More Definitions of Excepted Transaction

Excepted Transaction has the meaning ascribed to such term in Section 7(v).

Excepted Transaction means (a) any transaction contemplated under the this Agreement, the Restructuring Agreement, the Loan Documents, the Investment Agreement, the Registration Rights Agreement, the Existing Notes and any other certificate, instrument, agreement or other document executed or to be executed in connection herewith or therewith, and (b) any other financing transaction undertaken or to be undertaken by the Company (i) with the prior written consent of the Lenders (such consent not to be unreasonably withheld or delayed), or (ii) with respect to which the Board of Directors has considered the effect of such proposed financing transaction on the availability to the Company, any Subsidiary or any Affiliate of any thereof of net operating losses or associated tax benefits pursuant to Section 382 of the IRC arising from or related to such proposed financing transaction, and obtained the advice of outside counsel or accountants that such transaction has been structured to minimize any negative effect on the availability of such net operating losses or associated tax benefits. For the avoidance of doubt, and notwithstanding anything to the contrary herein, any change in the availability of net operating losses arising from or related to any Excepted Transactions shall not constitute a breach of or a Default or an Event of Default under this Agreement.

Excepted Transaction. ’ means (i) an offer made or a scheme proposed by any Excepted Person to acquire any of the Shares held by any of the other Excepted Persons; provided, however, that (ii) an offer made by an Excepted Person to all (or as nearly as may be practicable all) Shareholders (or all (or as nearly as may be practicable all) such Shareholders other than the offeror and/or any associate of the offeror) to acquire the issued ordinary share capital of the Issuer or a scheme proposed with regard to such acquisition by an Excepted Person, which is mandated by applicable laws and rules as a consequence of a transaction described in (i) above, shall not be an Excepted Transaction.

Excepted Transaction means, with respect to Related Party Transactions involving FortisUS or its Affiliates,

Excepted Transaction means, with respect to Related Party Transactions involving FortisUS or its Affiliates, (A) the non-discriminatory allocation of Allocated Overhead to ITC Investments by FortisUS in accordance with FortisUS’ generally applicable policies; (B) Related Party Transactions negotiated on an “arm’s-length” basis and containing terms and conditions that are arm’s-length and at least as favorable to ITC Investments and its Subsidiaries as terms and conditions reasonably available from third parties (in each case, as determined by a majority of the disinterested directors of the ITC Investments Board); (C) Related Party Transactions for dispositions of assets that are non-Qualifying Core Assets, the development of which was subject to approval by an RH Shareholder at the time of the final investment decision with respect thereto, in accordance with this Agreement and such approval was not provided at such time (if, and only if, the consideration therefor represents at least fair market value of such assets as determined by a majority of the disinterested directors of the ITC Investments Board); or (D) Related Party Transactions for dispositions of assets that are required by Applicable Law, provided that such disposition is negotiated on an arm’s-length basis and contains arm’s-length terms and conditions that are at least as favorable to ITC Investments and its Subsidiaries as terms and conditions reasonably available from third parties (in each case, as determined by a majority of the disinterested directors of the ITC Investments Board).

Excepted Transaction means a merger, sale of all or substantially all of the voting securities or assets or similar transaction (i) between or among the General Partner and one or more affiliates of GCC or other REITs managed directly or indirectly by GCC or (ii) in which the General Partner becomes internally managed by a substantial number of the GCC real estate management team or by Persons that were or are affiliates of GCC.

Excepted Transaction has the meaning set forth in Section 7.5.