Exempt sale definition

Exempt sale means the sale of fuel to a person whose use of fuel is exempt from the fuel tax.
Exempt sale means the sale of fuel to a person whose use
Exempt sale has the meaning set forth in Section 3.1.

More Definitions of Exempt sale

Exempt sale means the sale of fuel to a person
Exempt sale means a sale, lease or exchange or all or substantially all the assets of the Portfolio to any Person where the primary purpose of such sale is to change the Trust's or the Portfolio's domicile or form of organization;
Exempt sale means a sale of goods on which no tax is chargeable, and consequently no credit for input tax related to that sale is allowable;
Exempt sale means: (i) any Transfer of Shares to an Affiliate of the selling party; (ii) any distribution of securities by a Person to its direct or indirect equity owners; (iii) an assignment or pledge of Shares in connection with the incurrence, maintenance or renewal of indebtedness of Newco or its Subsidiaries; (iv) any Transfer of Shares pursuant to a Public Sale; and (v) any Transfer of Shares to directors, officers, or employees of Newco or its Subsidiaries.
Exempt sale means: (i) any Transfer of Units to an Affiliate of the selling party; (ii) any distribution of securities by a Person to its direct or indirect equity owners; (iii) an assignment or pledge of Units in connection with the incurrence, maintenance or renewal of indebtedness of Boise Holdings or its Subsidiaries; (iv) any Transfer of Units pursuant to a Public Sale or pursuant to Rule 144 of the Securities Act; and (v) any Transfer of Units to directors, officers, or employees of Boise Holdings or its Subsidiaries.
Exempt sale has the meaning set forth in Section 6.11(b).
Exempt sale means any of the following sales of Shares: (i) a sale of Shares by Limited to any Affiliate of Limited; (ii) a sale of Shares in an underwritten public offering (as the term "public offering" is used in Section 4(2) of the 1933 ▇▇▇) ▇▇gistered under the 1933 Act pursuant to the seller's registration rights provided by Section 5 hereof (excluding any offering solely to qualified institutional buyers as that term is defined in Rule 144A(a)(1) under the 1933 Act); (iii) a sale of Shares to the Corporation; (iv) a sale of Shares by a Stockholder pursuant to Rule 144 under the 1933 Act; or (v) a sale of Shares by a Management Investor to one of his Permitted Transferees. (i) Incumbent Chairman of the Board shall mean Benaroya for so long as he retains the position of Chairman of the Board of the Corporation and not afterwards. (j) Limited shall mean Limited Direct Associates, L.P. and any Affiliate of Limited Direct Associates, L.P. to which Limited Direct Associates, L.P. or any such Affiliate shall transfer Shares. (k) Management Investor shall mean (i) Benaroya (regardless of whether he is employed with the Corporation) and his Permitted Transferees and (ii) any other Stockholder who is employed by the Corporation or any of its subsidiaries (but only during the term of