Qualified Assignment definition

Qualified Assignment means any of the following: (a) an assignment to a transferee acquiring at least 25% of the Equity Interests subject to the Warrant (subject to adjustment for stock splits, stock dividends, recapitalizations and similar events); or (b) an assignment to an Affiliate of the Holder.

Qualified Assignment means any transaction that:

Qualified Assignment means an assignment of the obligations to make payments under a Settlement which satisfies Section 130(c) of the Internal Revenue Code.

Examples of Qualified Assignment in a sentence

• The Extension Right is personal to Tenant and is not assignable without Landlord’s consent, which may be granted or withheld in Landlord’s sole discretion separate and apart from any consent by Landlord to an assignment of Tenant’s interest in the Lease, except that the Extension Right may be assigned in connection with any Permitted Assignment of this Lease (but may not be assigned in connection with any Qualified Assignment).

• During the Escrow Period, (i) each of the parties hereto acknowledges and agrees that the Borrower may engage the Arranger to use commercially reasonable efforts to further syndicate the SVB Loans acquired and held by the Assignee Lenders and (ii) each Assignee Lender agrees to assign a portion of its Term Loans in an amount not to exceed such Assignee Lender’s Qualified Amount pursuant to, and to otherwise facilitate the execution, delivery and execution of, a Qualified Assignment.

• Notwithstanding anything else to the contrary contained herein (including, without limitation, Section 10.4(b)), no Assignee Lender shall be permitted to assign all or any portion of its Term Loans during the Escrow Period other than in connection with a Qualified Assignment pursuant to Section 11.3(b) below.

• For purposes of this Section B, "Qualified Assignment" shall mean any of the following: (a) an assignment to a transferee acquiring at least 10% of the Registrable Shares (subject to adjustment for stock splits, stock dividends, recapitalizations and similar events); or (b) an assignment to a Holder or a partner (if such Holder is a partnership) or affiliate of a Holder.

• The Trustee shall have the power to make a Qualified Assignment of the Disposal Services Agreement, as defined therein, and the power to make a Permitted Assignment of the Irrevocable Easement for Disposal Capacity, as defined therein.

More Definitions of Qualified Assignment

Qualified Assignment means an assignment of the Term Loans made during the Escrow Period by the Assignee Lenders to an Eligible Assignee so long as such assignment is (i) evidenced by an Assignment and Acceptance, (ii) made on a ratable basis among the Assignee Lenders calculated pursuant to each Assignee Lender’s pro rata share of the aggregate Escrow Funds existing immediately prior to giving effect to such assignment and (iii) has been consented to by the Borrower (unless a Specified Event of Default has occurred and is continuing at the time of such assignment).

Qualified Assignment is defined in Section 11.2.4 of this Agreement.

Qualified Assignment is defined in Section 16.2(d).

Qualified Assignment means any transaction that (i) is made in compliance with applicable Legal Requirements, including securities, tax and corporation laws; (ii) includes the assignee’s written acknowledgement of and agreement to all of the assigning Party’s obligations under the Agreement; (iii) is made to an assignee that is, and will be after giving effect to the relevant assignment will be, Solvent; (iv) is made to an assignee that is not subject at the time of such assignment to any order, decree or petition providing for (A) the winding-up or liquidation of such Person, (B) the appointment of a receiver over the whole or part of the assets of such Person or (C) the bankruptcy or administration of such Person; and (v) is not a voidable fraudulent conveyance.

Qualified Assignment has the meaning set forth in Section 15.6(a).

Qualified Assignment means an assignment:

Qualified Assignment means any of the following: (a) an assignment to a transferee (which or who is not a current competitor of the Company or otherwise engaging in the Company’s line of business or similar business) acquiring at least 5% of the Registrable Shares (subject to adjustment for stock splits, stock dividends, recapitalizations and similar events); or (b) an assignment to a Holder or a partner (if such Holder is a partnership) or affiliate of a Holder; or (c) an assignment by will or intestacy to a Holder’s siblings, ancestors, descendants or spouse, or any custodian or trustee for the account of a Holder or such Holder’s siblings, ancestors, descendants or spouse.