Prohibited Transfers definition

Prohibited Transfers shall have the meaning set forth in Section 4.02(a).
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Prohibited Transfers shall have the meaning ascribed to such term in Section 5.7.
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Prohibited Transfers means transfers prohibited as mentioned in Section 5 of these regulations.
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Examples of Prohibited Transfers in a sentence

  • The Securities Transfer Agent shall be the disbursing agent of the Prohibited Transfers Fund, and such fund shall be used to reimburse purported Transferees for the amounts paid by the purported Transferees for Prohibited Stock.

  • At the end of a Restriction Period, any remaining amounts in the Prohibited Transfers Fund shall be paid to the U.S. Treasury Department.

  • If the Corporation receives more than one such Transfer Notice on the same day, the Transfers referenced in such Transfer Notices shall be treated as Prohibited Transfers to the extent necessary for a Restriction Period not to commence, and the amount of the Stock referenced in each Transfer Notice that is treated as Prohibited Stock shall be in proportion to the amounts of Stock referenced in each such Transfer Notice.

  • At the end of the Restriction Period, any remaining amounts in the Prohibited Transfers Fund shall be paid to the U.S. Treasury Department.

  • The fact that the settlement of any transaction occurs shall not negate the effect of any provision of this Section 5 and any transferee in such a transaction shall be subject to all of the provisions and limitations set forth in this Section 5 with respect to Prohibited Transfers.

  • Prohibited Transfers Rental Agreements and the right to occupy a Rental Unit may not be transferred or assigned without the prior written approval of the Housing Department.

  • ASSIGNMENTS AND TRANSFERS 29 Section 7.1 Definitions 29 Section 7.2 Purpose of Restrictions on Transfer 29 Section 7.3 Prohibited Transfers 30 Section 7.4 Permitted Transfers 30 Section 7.5 Other Transfers with City Consent 31 Section 7.6 Termination of Limitations on Transfers 31 ARTICLE 8.

  • Prohibited Transfers Except as specifically permitted in this Clause 12 or in Clause 13 or otherwise agreed between the Parties, no Party may sell, assign, contribute, transfer, pledge, encumber, or xxxxx x xxxx or security interest in, or make a gift of (any such transaction, including any merger with or any split-up into, another legal entity, being generically referred to as a "transfer" in this Agreement) all or any part of its Shares in the Company.

  • Cardak violated the terms and conditions of the Agreements when they made Prohibited Transfers of their preferred stock.

  • Prohibited Transfers.....................................................................


More Definitions of Prohibited Transfers

Prohibited Transfers means Transfers to non-accredited investors, competitive or potentially competitive Persons and Persons determined by the Management Committee, in its reasonable discretion, to whom a transfer could be detrimental to the Company.
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Prohibited Transfers means any sale, conveyance, assignment, alienation, lien, mortgage, pledge or transfer of all or any portion of the Property or of any of the interests as described in Paragraph 14 of the Mortgage which is incorporated herein by this reference which: (i) does not constitute and satisfy all of the requirements of a Permitted Transfer and (ii) if not a Permitted Transfer, is made without Lender’s prior written consent.
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Prohibited Transfers means: (a) Asset Dispositions of Equipment by FRI-MRD or any of its Subsidiaries to FRI-Admin or Franchising; (b) Asset Dispositions of any Real Property identified on Schedule R-1 or Schedule S-1 by FRI-MRD or any of its Subsidiaries to FRI-MRD or any of its Subsidiaries, other than such Asset Dispositions solely by one Debtor to the other Debtor; and (c) Asset Dispositions of the Borrower Intellectual Property (other than those constituting Ordinary Course Dispositions under clause (e) of the definition of Ordinary Course Disposition).
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Prohibited Transfers means: (a) Asset Dispositions of Equipment by -------------------- FRI-MRD or any of its Subsidiaries to FRI-Admin; (b) Asset Dispositions by any Subsidiary of FRI-MRD to FRI-MRD; (c) Asset Dispositions of any Real Property Collateral by FRI-MRD or any of its Subsidiaries to FRI-MRD or any of its Subsidiaries; and (c) Asset Dispositions of the Borrower Intellectual Property (other than those constituting Ordinary Course Dispositions under clause (e) of ---------- the definition of Ordinary Course Disposition).
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Related to Prohibited Transfers

  • Prohibited Transfer means any Transfer or purported Transfer of Corporation Securities to the extent that such Transfer is prohibited and/or void under this Article IX.

  • Prohibited Transferee means any of the Persons listed on Schedule I attached to this Agreement.

  • Prohibited Transactions is defined in ERISA Section 406 and Code Section 4975.

  • Prohibited Transaction has the meaning set forth in ERISA Section 406 and Code Section 4975.

  • Prohibited Transaction Tax Any tax imposed under Section 860F of the Code. Prospectus: The prospectus dated February 21, 2006 as supplemented by the prospectus supplement dated February 23, 2006, relating to the Class A, Class B-1, Class B-2 and Class B-3 Certificates.

  • ERISA Prohibited Holder As defined in Section 5.02(d).

  • Prohibited Transaction Class Exemption means U.S. Department of Labor prohibited transaction class exemption 84-14, 90-1, 91-38, 95-60 or 96-23, or any similar prohibited transaction class exemption issued by the U.S. Department of Labor.

  • Prohibited Territory means any person or country listed by the Office of Foreign Assets Control of the United States Department of Treasury as to which transactions between a United States Person and that territory are prohibited.

  • Prohibited Items means any items which we or any Authorised Person deem to be dangerous or inappropriate including (without limitation) those items specified in sub-paragraphs 27(b)(c) and (d) of these Conditions and any further items listed at www.snowbombing.com from time to time;

  • Prohibited Distributions means any and all dividends or other distributions paid by the Corporation with respect to any Excess Securities received by a Purported Transferee.

  • Prohibited Investor means a person or entity whose name appears on (i) the List of Specially Designated Nationals and Blocked Persons maintained by the U.S. Office of Foreign Assets Control; (ii) other lists of prohibited persons and entities as may be mandated by applicable law or regulation; or (iii) such other lists of prohibited persons and entities as may be provided to the Fund in connection therewith;

  • Prohibited source means any person or entity who:

  • Prohibited Party As of any date of determination, any Person that has theretofore failed to comply with such Person’s obligations under Regulation AB with respect to the Trust Fund or any other securitization if (and only if) both (A) such failure was an “event of default” under the relevant agreement to which such Person was a party, and (B) such Person is proposed to become a Servicing Function Participant in respect of the Trust Fund. In determining whether any person or entity is a “Prohibited Party”, each party hereto, provided that they are not an Affiliate of such Person, shall be entitled to conclusively rely on a written certification from any Person stating that it is not a Prohibited Party. All necessary determinations under or for purposes of this definition shall be made as of the date of consummation of the transaction in which the relevant person or entity would become a Servicing Function Participant in respect of the Trust Fund.

  • Prohibited Content means any content on any advertising media that:

  • Prohibited Investment means Property (other than prescribed excluded Property as that term is defined in the Tax Act) that is:

  • Prohibited Person means any Person:

  • Prohibited Act the following constitute Prohibited Acts:

  • prohibited goods means goods which have been, or are being, dealt with in contravention of any prohibition specified in regulation 89(2)(a) to (e);

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Prohibited Waste means prohibited waste as defined in Schedule “D” to this Bylaw.

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Prohibited Persons As defined in Section 39.1.

  • excepted transfer means, in relation to any shares held by a member:

  • Prohibited conduct means bullying or cyberbullying as defined in this policy or retaliation or reprisal for asserting, alleging, reporting, or providing information about such conduct or knowingly making a false report about bullying.

  • Similar Laws has the meaning set forth in Section 3.3(d).