Indirect Owners definition

Indirect Owners has the meaning set forth in Section 3.1(a)(ii).
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Indirect Owners means Stadter, the Stadter Trust, and Achak.
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Indirect Owners has the meaning set forth in the first paragraph of the Agreement.
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Examples of Indirect Owners in a sentence

  • So long as Parent OP is reasonably contesting any Proceeding, the LVP Parties (or their Indirect Owners) shall not pay or settle any such Proceeding without the consent of Parent OP, which consent may be withheld in Parent OP’s sole discretion.

  • The REIT and the Partnership covenant with and for the benefit of the Protected Partner (and Indirect Owners) not to undertake any transfer of all or substantially all of the assets of either entity (whether by merger, transfer, spin-off or otherwise) unless the transferee has acknowledged in writing and agreed in writing to be bound by this Agreement, provided that the foregoing shall not be deemed to permit any transaction otherwise prohibited by this Agreement.

  • This Agreement shall be binding upon and shall inure to the benefit of the Protected Partners, the Indirect Owners and their respective successors and permitted assigns, whether so expressed or not.

  • The REIT, the Partnership, and the Subsidiary Partnership covenant with and for the benefit of the Protected Partners (and Indirect Owners thereof) not to undertake any transfer of all or substantially all of the assets of either entity (whether by merger, transfer, spin-off or otherwise) unless the transferee has in writing acknowledged and agreed to be bound by this Agreement, provided that the foregoing shall not be deemed to permit any transaction otherwise prohibited by this Agreement.

  • Each Protected Partner and its Indirect Owners may allocate such Guarantee Opportunity in any manner they choose.

  • In order to minimize the need for the Protected Partner to enter into such Bottom Guarantees or Deficit Restoration Obligations, the Protected Partner will use the additional method under Treasury Regulations Section 1.752-3(a)(3) to allocate Nonrecourse Liabilities to the Indirect Owners to the maximum extent possible.

  • This Agreement shall be binding upon and shall inure to the benefit of the Protected Partner, the Indirect Owners, and their respective successors and permitted assigns, whether so expressed or not.

  • Within ten (10) days of receipt of such notice, each Protected Partner shall provide the OP with information regarding the identity of any Indirect Owners thereof.

  • Notwithstanding the foregoing, Indirect Owners shall communicate with the OP only through their respective Protected Partners.

  • The parties hereto agree that they shall not take any income tax position inconsistent with treating the Transaction and the ▇▇▇▇▇ Transaction as resulting in the non-recognition of gain or loss to all Protected Partners (and Indirect Owners thereof).


More Definitions of Indirect Owners

Indirect Owners means ▇▇▇▇▇▇▇, the ▇▇▇▇▇▇▇ Trust, and Achak.
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Indirect Owners shall have the meaning set forth in the recitals hereof.
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Related to Indirect Owners

  • Indirect Owner means, in the case of a Protected Partner that is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such Protected Partner, and in the case of any Indirect Owner that itself is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such entity.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Co-owners means (a) all the allottees of Units in the Project excepting those who (i) have either not been delivered possession of any Unit or (ii) have not got the conveyance deed in respect of any Unit to be executed and registered in their favour; and (b) for all Units which are not alienated by execution of deed of conveyance or whose possession are not parted with by the Owner/Promoter, shall mean the respective Owner and/or Promoter;