Licensable Transaction definition

Licensable Transaction means an offer made by a consumer (or their agent) to purchase flight accommodation for one or more persons on a flight which is accepted by an (i) air travel organiser; or (ii) where an ATOL is held by an Accredited Body, a member of that AB, and constitutes an activity in respect of which that air travel organiser or Accredited Body is required to hold an ATOL.
Licensable Transaction means a “relevant booking” as defined in the ATT Regulations; a relevant booking being an offer:
Licensable Transaction means an offer made by a Customer (or their agent) to purchase flight accommodation (whether as a flight only or as part of a flight inclusive package) for one or more persons on a flight which is accepted by the Operator and constitutes an activity in respect of which the Operator is required to hold an ATOL in accordance with ATOL Regulations

More Definitions of Licensable Transaction

Licensable Transaction means an offer made by a consumer (or their agent) to purchase flight accommodation for one or more persons on a flight which is accepted by an air travel organiser and constitutes an activity in respect of which that air travel organiser is required to hold an ATOL.
Licensable Transaction means an offer:
Licensable Transaction means any transaction to provide or to arrange for the provision of one or more flights (with or without ground accommodation or other facilities) in circumstances where this constitutes an activity in respect of which the Air Travel Organiser is required to hold an Air Travel Organiser’s Licence;
Licensable Transaction means any transaction to provide or to arrange for the provision of one or more flights (with or without ground accommodation or other facilities) in circumstances where this constitutes an activity in respect of which the Licence Holder is required to hold a licence;
Licensable Transaction means an offer made by a consumer (or their agent) to purchase flight accommodation for one or more persons on a flight which is
Licensable Transaction means an offer made by a customer (or their agent) to purchase flight accommodation for one or more persons on a flight which is accepted by an air travel organiser and constitutes an activity in respect of which that air travel organiser is required to hold an ATOL i.e. Flight-Only, flight inclusive packages or Flight-Plus;

Related to Licensable Transaction

  • Exempt Transaction means an increase in the percentage of the outstanding shares of Common Stock or the percentage of the combined voting power of the outstanding Voting Stock of the Company beneficially owned by any Person solely as a result of a reduction in the number of shares of Common Stock then outstanding due to the repurchase of Common Stock or Voting Stock by the Company, unless and until such time as (a) such Person or any Affiliate or Associate of such Person shall purchase or otherwise become the Beneficial Owner of additional shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or additional Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock, or (b) any other Person (or Persons) who is (or collectively are) the Beneficial Owner of shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock shall become an Affiliate or Associate of such Person.

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.