Private Placement Safe Harbor definition

Private Placement Safe Harbor means the “private placement” safe harbor set forth in Treasury Regulations Section 1.7704-1(h)(1).
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Private Placement Safe Harbor means the “private placement” safe harbor set forth in Treasury Regulations Section 1.7704-1(h)(1). “Pro rata,” “pro rata portion,” “according to their interests,” “ratably,” “proportionately,” “proportional,” “in proportion to,” “based on the number of Units held,” “based upon the percentage of Units held,” “based upon the number of Units outstanding,” and other terms with similar meanings, when used in the context of a number of Units of the Company relative to other Units, means as amongst an individual class of Units, pro rata based upon the number of such Units within such class of Units.
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Private Placement Safe Harbor means the “private placement” safe harbor set forth in Treasury Regulations Section 1.7704-1(h)(1). “Pubco Offer” has the meaning set forth in Section 2.7 of this Agreement.
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Examples of Private Placement Safe Harbor in a sentence

  • If and when the Private Placement Safe Harbor becomes inapplicable, the Partnership intends to rely on the other Safe Harbors, including but not limited to those Safe Harbors provided in Section 9.3(b)(i) through (iii), in order to avoid being treated as a “publicly traded partnership,” and no Transfer of a Limited Partner’s Partnership Interest shall be permitted if such Transfer does not qualify for one of these Safe Harbors.

  • The Partnership will not rely on any of the other Safe Harbors until and unless it can no longer rely on the Private Placement Safe Harbor.

  • Notwithstanding the foregoing, to the extent the Company has one hundred (100) or fewer “partners” within the meaning of Treasury Regulations Section 1.7704-1(h)(1), the Company shall use commercially reasonable efforts to restrict issuances of Units in an amount sufficient for the Company to be eligible for the Private Placement Safe Harbor.

  • Notwithstanding the foregoing, to the extent the Company has one hundred (100) or fewer “partners” within the meaning of Treasury Regulations Section 1.7704-1(h)(1), the Company shall use commercially reasonable efforts to restrict issuances of Units in an amount sufficient for the Company to be eligible for the Private Placement Safe Harbor (within the meaning of Treasury Regulations Section 1.7704-1(h).