Indirect Transfer definition

Indirect Transfer means (with respect to any Member that is a corporation, partnership, limited liability company or other entity) a deemed Transfer of a Company Interest, which shall occur upon any Transfer of the ownership of, or voting rights associated with, the equity or other ownership interests in such Member.

Indirect Transfer has the meaning set forth in Section 4.1.5.

Indirect Transfer means, with respect to any Class A Limited Partner, any single or series of related transactions that result in a Person (or Persons acting in concert), other than an Indirect Permitted Transferee of the Class A Limited Partner in question, who did not directly or indirectly own Equity Securities in such Class A Limited Partner prior to the consummation of such single or series of related transactions acquiring or owning, directly or indirectly, any Equity Securities in such Class A Limited Partner.

Examples of Indirect Transfer in a sentence

• The Investor shall provide advance notice of each Indirect Transfer to the Company, including the identity of each Person acquiring an interest in the Investor or the relevant Affiliate.

• If the Upstream Transferor does not provide such notice, the Stockholder holding the Indirect Transfer Shares shall provide such notice to each other Stockholder promptly upon learning that such transaction will occur or has occurred.

• As a result, gains derived from such Indirect Transfer may be subject to PRC enterprise income tax, and the transferee or other person who is obligated to pay for the transfer is obligated to withhold the applicable taxes, currently at a rate of 10% for the transfer of equity interests in a PRC resident enterprise.

• If the Transfer of such portion of such Passing Interest is in connection with an Indirect Transfer, after giving effect to such Indirect Transfer (but prior to giving effect to any future Indirect Transfer or Transfer), the holders of such portion of such Passing Interest will be considered for all purposes hereunder an Indirect Permitted Transferee with respect to such Passing Interest.

• Within thirty (30) days of receipt of the Indirect Transfer Notice, the Indirect Transfer Participants shall deliver to the Indirect Transferee a written notice of their election to purchase any remaining Indirect Transfer Shares.

More Definitions of Indirect Transfer

Indirect Transfer or “Indirectly Transfer” means any transfer, sale or other disposition of any equity interests in the Investor, Plutus, SK E&S Americas or any other Affiliate of the Investor that, directly or indirectly, controls the Investor (other than SK Holdings and SK E&S).

Indirect Transfer means (with respect to any Stockholder that is a corporation, partnership, limited liability company, or other entity) a deemed Transfer of the Preferred Stock or Common Stock, which shall occur upon any Transfer to any person of a majority of the ownership of, or voting rights associated with, the equity or other ownership interests in such Stockholder if at least seventy-five percent (75%) of the value of all of such Stockholder’s assets is attributable to such Stockholder’s investment in the Company (it being understood that the acquisition by a holder of a majority of the ownership of, or voting rights associated with, the equity or other ownership interests in such Stockholder, of additional equity securities of such Stockholder shall not be an Indirect Transfer); provided, however, that in no event shall any transfer of equity or other ownership interests in NGP, Bunge, Westway, USBG, or West Central be deemed an Indirect Transfer of Preferred Stock or Common Stock.

Indirect Transfer means a Transfer of common stock or other equity interests of a Principal Stockholder or of a Person (other than the Parent of such Principal Stockholder) of which such Principal Stockholder is a direct or indirect Subsidiary to any Person after giving effect to which such Principal Stockholder is no longer a Subsidiary of the Person that was its Parent prior to such Transfer; provided, however, that a Distribution shall not constitute an "Indirect Transfer."

Indirect Transfer. With respect to an Interest, a transfer of Control ----------------- of the Partner directly owning such Interest or of any Affiliate of a Partner more than 50% of the Fair Market Value of which is attributable, directly or indirectly, to such Interest; provided, that, any transaction -------- ---- which is not a Change in Control by virtue of the second sentence of the definition of "Change in Control" shall similarly not be an Indirect Transfer.

Indirect Transfer has the meaning given in Clause 7.2.

Indirect Transfer means a Transfer of common stock or other security ----------------- interests of a Consenting Stockholder or of a Person of which such Consenting Stockholder is a direct or indirect Subsidiary to any Person after giving effect to which such Consenting Stockholder is no longer a Subsidiary of the Person that was its Parent prior to such Transfer, unless the holders of Voting Securities of the Person that was such Consenting Stockholder's Parent prior to such Transfer beneficially own Voting Securities representing fifty percent or more of the Actual Voting Power of the Person that is such Consenting Stockholder's Parent immediately after such Transfer.

Indirect Transfer or “Indirectly Transfer” means any transfer, sale or other disposition of any equity interests in the Investor or any Affiliate of the Investor that, directly or indirectly, controls the Investor (other than SK global chemical Co., Ltd. or any such Affiliate that is a Person whose equity interests are listed on a stock market or stock exchange or an investment fund).