Permitted Arrangement definition

Permitted Arrangement has the meaning given in clause 8.3 (“Project Operator is a special purpose vehicle”).
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Permitted Arrangement means any reorganisation of a Group Company, including by merger, consolidation, recapitalization, Transfer of securities or assets, or contribution of assets and/or liabilities, or any Liquidation, amalgamation, scheme of arrangement, exchange of securities, conversion of entity, migration of entity or formation of new entity or any contribution of assets to any Group Company in exchange for the issuance of equity Securities by such Group Company to the contributor or merging party, in each case which is determined by the Board (acting reasonably) to be required or desirable for tax, regulatory, technical or financial purposes, in which:
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Permitted Arrangement means a Contract with an Obligor in the form of the form of agreement delivered to the Purchaser and the Surety Provider by separate letter of even date herewith and referencing this definition and this Agreement.
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Examples of Permitted Arrangement in a sentence

  • Following such Daimler Notice, Daimler, on the one hand, and the Company or its Affiliate, on the other hand, shall use commercially reasonable efforts to actively execute within sixty (60) days of such Daimler Notice on any such Competitive Arrangement or Permitted Arrangement for which Daimler has exercised its right of first refusal.

  • The Seller will cause Wabash and the Originators to refrain from entering into any agreement with Obligors that contains any provision not contained in the Originators' standard purchase order acknowledgments or Invoices or Obligators' standard purchase orders, other than an agreement that is a Permitted Arrangement.

  • The Seller will notify the Surety Provider if any Originator enters into any agreement that contains any provision not contained in the Originators' standard purchase order acknowledgments or Invoices or Obligors' standard purchase orders, other than an agreement that is a Permitted Arrangement.


More Definitions of Permitted Arrangement

Permitted Arrangement means a pledge or other security interest or a repo, stock loan or other title transfer arrangement in respect of an asset where:
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Related to Permitted Arrangement

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Permitted Joint Venture means, with respect to any specified Person, a joint venture in any other Person engaged in a Similar Business in respect of which the Borrower or a Restricted Subsidiary beneficially owns at least 35% of the shares of Equity Interests of such Person.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Non-Exempt Severance Arrangement means a severance arrangement or other agreement between the Participant and the Company that provides for acceleration of vesting of an Award and issuance of the shares in respect of such Award upon the Participant’s termination of employment or separation from service (as such term is defined in Section 409A(a)(2)(A)(i) of the Code (and without regard to any alternative definition thereunder) (“Separation from Service”) and such severance benefit does not satisfy the requirements for an exemption from application of Section 409A provided under Treasury Regulations Section 1.409A-1(b)(4), 1.409A-1(b)(9) or otherwise.