Exempt sale has the meaning set forth in Section 3.1.
Examples of Exempt sale in a sentence
Important Definitions: Assessing Authority; Business, Casual Trader, Dealer, Exempt sale; Exempted turnover, Goods, Goods Vehicle, Input Tax; Output Tax; Place of business; Purchase price, Sale, Sale price, Tax, Tax invoice, Table period, Taxable sale, Taxable turnover; Total turnover, Turnover Tax, Works Contract, Zero Rated Sales.
More Definitions of Exempt sale
Exempt sale means a sale, lease or exchange or all or substantially all the assets of the Trust or any 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 8.11(b).
Exempt sale means a sale of Common Stock if the number of shares being sold, together with all sales of Common Stock sold for the account of the seller within three months from the date of the proposed sale do not exceed 1% of the shares of Common Stock outstanding as shown by the most recent report or statement published by the Company.