Examples of Exempt Transactions in a sentence
Our Directors (including independent non-executive Directors) are of the view that the Non- Exempt Transactions have been and will be entered into on normal commercial terms and in the ordinary and usual course of business of the Company that are fair and reasonable and in the interests of the Company and Shareholders as a whole, and the transactions and proposed annual caps set out above are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Transfer of Ownership – Exempt Transactions Authority is granted to Servicer to follow guidelines as stated in the Xxxxxx Mae Servicing Guide Part III, 408.02.
Exempt Transactions are (a) Cigarette Sales on a federal installation in a transaction that is exempt from the Cigarette tax under federal law, and (b) Cigarette Sales on an Indian tribe’s Indian Country to its tribal members where the Cigarette Tax is precluded by federal law.