Qualified disposition definition

Qualified disposition means, subject to subparagraphs (iii) and (iv), a disposition after which both subparagraphs (i) and (ii) apply to the subject property:
Qualified disposition means a Disposition or a series of related Dispositions in which the consideration received by the Credit Parties is equal to or greater than $50,000,000.
Qualified disposition means that term as defined in section 2 of the qualified dispositions in trust act.

Examples of Qualified disposition in a sentence

  • Qualified disposition" means a disposition by or from a transferor to any trustee of a trust that is, was, or becomes a legacy trust.


More Definitions of Qualified disposition

Qualified disposition means a disposition by or from a transferor to any trustee of a trust that is, was, or becomes a legacy trust.
Qualified disposition means that term as defined in section 2 of the qualified dispositions in trust act, 2016 PA 330, MCL 700.1042.
Qualified disposition means a Significant Sale in which the aggregate consideration (including the fair market value of any notes or other evidence of indebtedness) received by GTCR at the closing of such Significant Sale is equal to or greater than 300% of the aggregate net amount invested in Holdings and its Subsidiaries by GTCR on or after July 3, 2000 through the date of such closing.
Qualified disposition means, for any NLOP Property, the sale, transfer or other disposition of all of the Company’s direct or indirect interest in and title to such NLOP Property to a third party other than the Company or any of its direct or indirect Subsidiaries.
Qualified disposition means a disposition by a
Qualified disposition means a disposition by or from a transferor with or without consideration, to an Investment Services Trust after the transferor executes a qualified affidavit;
Qualified disposition means a disposition by or from a transferor (or multiple transferors in the case of property in which each such transferor owns an undivided interest) to 1 or more trustees, at least 1 of which is a qualified trustee, with or without consideration, by means of a trust instrument.