Permitted Assignee definition

Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

Permitted Assignee means any Person who, if it were the Collateral Interest Holder or a holder of an interest in the Trust, as applicable, would not cause the Trust to be taxable as a publicly traded partnership for federal income tax purposes.

Permitted Assignee means any Person who, if it were the Collateral Interest Holder or holder of an interest in the Trust, as applicable, would not cause the Trust to be taxable as a publicly traded partnership for federal income tax purposes.

Examples of Permitted Assignee in a sentence

• Prior to the Closing, the Bridge Buyer may assign and transfer its rights and obligations under this Agreement with respect to the purchase of any or all Securities, which would otherwise be purchased by the Bridge Buyer, to any other Person (each a “Permitted Assignee”), provided that the Bridge Buyer shall remain obligated to purchase such assigned Securities upon any breach by any such Permitted Assignee hereunder.

• Bridge Buyer, to any other Person (each a “Permitted Assignee”), provided that the Bridge Buyer shall remain obligated to purchase such assigned Securities upon any breach by any such Permitted Assignee hereunder.

• Landlord hereby grants to the above named Tenant or its Permitted Assignee (collectively, the “Original Tenant”) an on-going right of first offer to lease with respect to the building located at 000 Xxxxxxx Xxxxx (the “First Offer Space”).

• No party may assign this agreement or any of its rights or obligations hereunder without the prior written consent of the other parties, provided that the Subscriber may assign the whole of its rights under this agreement to a Permitted Assignee without the consent of the Company or the Founder[s] provided that if the assignee ceases to be a Permitted Assignee it shall be required to transfer its interests back to the Subscriber.

More Definitions of Permitted Assignee

Permitted Assignee has the meaning set forth in Section 3.06.

Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity or trust that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

Permitted Assignee shall have the meaning set forth in Section 9.6.

Permitted Assignee means (a) a Lender or any of its Affiliates or (b) any Person managed by a Lender or any of its Affiliates.

Permitted Assignee means any Person who receives rights under this Agreement pursuant to a Permitted Assignment.

Permitted Assignee means any Person who, if it were to purchase Loans in connection with a sale under Sections 5.05 and 5.17 of the Indenture, would not cause the Issuer to be taxable as a publicly traded partnership for federal income tax purposes.

Permitted Assignee means a Person or an Affiliate of a Person meeting one or more of the following standards: