Permitted Related Party Transaction definition

Permitted Related Party Transaction means any transaction entered or to be entered into by any Core Group Company or Core Group Companies with any Related Party or Related Parties on an Arm’s Length basis, and which:
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Permitted Related Party Transaction means any of the following: (a) the Management Agreement; and (b) each Individual Management Agreement; and (c) any Related Party Transaction expressly permitted by the Management Agreement; and (d) any Related Party Transaction that (i) is on terms at least as favorable to the Company and its Subsidiaries as could be obtained on an arm's-length basis, (ii) involves less than $500,000 in total value and payments and (iii) when taken together with other Related Party Transactions entered into pursuant to this clause (d), would not exceed $5,000,000 in the aggregate of value and payments in any 12-month period.
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Permitted Related Party Transaction means any transaction entered into or to be entered into by any VSEH Group Company or VSEH Group Companies with any Related Party or Related Parties on an Arm’s Length basis which: (a) has been entered into pursuant to a public procurement under one of the following six (6) methods under the Public Procurement Act No. 343/2015 Coll. (or substantially similar methods prescribed pursuant to any successor regulation or legislation in effect in the Slovak Republic): (i) open procedure (verejná súťaž); (ii) restricted procedure (užšia súťaž); (iii) negotiated procedure with prior publication of a contract notice (rokovacie konanie so zverejnením); (iv) competitive dialogue (súťažný dialóg); (v) innovative partnership (inovatívne partnerstvo); or (vi) direct negotiated procedure (priame rokovacie konanie) and/or (b) is a transaction, the terms and conditions of which, including price (if relevant), are subject to regulation by XXXX or another national or supranational regulatory authority performing regulatory functions pursuant to the European Union rules for the internal market in electricity and natural gas; and/or (c) is a transaction the subject of which is the purchase and sale of electricity and/or gas, on terms and conditions, including price, which are available for acceptance to other comparable customers who are not Related Parties, on a non-discriminatory basis; (d) has been entered into pursuant to a public tender (verejná obchodná súťaž) under Articles 281 and following of the Commercial Code (or substantially similar methods prescribed pursuant to any successor regulation or legislation in effect in the Slovak Republic).
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Examples of Permitted Related Party Transaction in a sentence

  • For the avoidance of doubt, the SalesCo Supervisory Board may submit a report on the review of the relevant Permitted Related Party Transaction of SalesCo to the SalesCo General Meeting.

  • Each Member of the SalesCo Board of Directors shall have the right to request the review by the SalesCo Supervisory Board of any Permitted Related Party Transaction of SalesCo which is subject to approval by a simple majority of all Members of the SalesCo Board of Directors.

  • For the avoidance of doubt, the DSO Supervisory Board may submit a report on the review of the relevant Permitted Related Party Transaction of DSO to the DSO General Meeting.

  • Each Member of the DSO Board of Directors shall have the right to request the review by the DSO Supervisory Board of any Permitted Related Party Transaction of DSO which is subject to approval by a simple majority of all Members of the DSO Board of Directors.


More Definitions of Permitted Related Party Transaction

Permitted Related Party Transaction means any of the following: (a) the Management Agreements; and (b) any Related Party Transaction expressly permitted by the Management Agreements; and (c) any Related Party Transaction that (i) is on terms at least as favorable to the Parent and its Subsidiaries as could be obtained on an arm's-length basis, (ii) involves less than $500,000 in total value and payments and (iii) when taken together with other Related Party Transactions entered into pursuant to this sub-paragraph (b), would not exceed $5,000,000 in the aggregate of value and payments in any 12-month period.
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Permitted Related Party Transaction means (i) the Management Agreement,
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Permitted Related Party Transaction means any actions taken or proposed to be taken by a Group Company constituting a Related Party Transaction:
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Permitted Related Party Transaction means a Related Party Transaction (i) between the Issuer and any of its Subsidiaries and/or (ii) among one or more of the Issuer’s Subsidiaries;
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Related to Permitted Related Party Transaction

  • Related Party Transaction means any transaction directly or indirectly involving any Related Party which is a transfer of resources, services or obligations between a company and a related party, regardless of whether a price is charged.

  • Related Party Transactions has the meaning set forth in Section 3.21.

  • Material Related Party Transactions means any transaction/transactions to be entered into individually or taken together with previous transactions during a financial year exceeds 10% of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Rule 506(d) Related Party means, with respect to any Person, any other Person that is a beneficial owner of such first Person’s securities for purposes of Rule 506(d) under the Securities Act.

  • Excluded Transactions means:

  • Permitted Affiliate Transactions means the following:

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Parent Related Party means Parent, Merger Sub, the Lender (as defined below), or any of their respective former, current and future general or limited partners, shareholders, financing sources, managers, members, agents, directors, officers, employees or Affiliates (excluding any Company Related Party).

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Permitted Repurchases means the repurchase by the Corporation of shares of Common Stock held by employees, officers, directors, consultants, independent contractors, advisors, or other persons performing services for the Corporation or a subsidiary that are subject to restricted stock purchase agreements or stock option exercise agreements under which the Corporation has the option to repurchase such shares: (i) at cost, upon the occurrence of certain events, such as the termination of employment or services; or (ii) at any price pursuant to the Corporation’s exercise of a right of first refusal to repurchase such shares.

  • Material Permitted Acquisition means a Permitted Acquisition involving consideration of $300.0 million or greater.

  • Disclosable transaction means any transaction in a security pursuant to which an access person would have a beneficial ownership.

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

  • Company Transaction means the consummation of

  • Real estate-related financial transaction means any transaction involving:

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity-based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.

  • Related Entity Disposition means the sale, distribution or other disposition by the Company, a Parent or a Subsidiary of all or substantially all of the interests of the Company, a Parent or a Subsidiary in any Related Entity effected by a sale, merger or consolidation or other transaction involving that Related Entity or the sale of all or substantially all of the assets of that Related Entity, other than any Related Entity Disposition to the Company, a Parent or a Subsidiary.

  • Excluded Equity means any Voting Stock in excess of 66% of the total outstanding Voting Stock of any direct Subsidiary of any Grantor that is a Non-U.S. Person. For the purposes of this definition, “Voting Stock” means, as to any issuer, the issued and outstanding shares of each class of capital stock or other ownership interests of such issuer entitled to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.