Qualified Parties definition

Qualified Parties means any (i) trust described in Section 664 of the Code (or any substantially similar entity under non-U.S. tax laws) of which the Investor or Family Members of the Investor are income beneficiaries and (ii) any charitable organization described in Section 501(c)(3) of the Code (or any substantially similar entity under non-U.S. tax laws), in both cases that is or simultaneously agrees to be bound as an Investor under this Agreement.
Qualified Parties means, with respect to any Person, any (i) trust described in Section 664 of the Code or other trust of which the Person or Family Members or Qualified Parties of the Person are greater than 50% income beneficiaries, (ii) charitable organization described in Section 501(c)(3) of the Code, (iii) with respect to any Class B Entity that is a natural person, estate of such natural person and (iv) Family Members of any Person that is a natural person.
Qualified Parties means CSG employees or contractors (A) who have a bona fide need to access the applicable information in connection with the performance of CSG’s obligations hereunder, and (B) who have executed an agreement with CSG or its Qualified Third Party Contractor (including Media) that is no less restrictive than the provisions set forth in Exhibit B-1(c) of the Agreement. CSG shall (I) take all reasonably necessary precautions to protect the Consumer Information and Consumer Usage Data in connection with disclosures to its employees and contractors; (II) ensure that its employees’ and contractors’ use of the Consumer Information and Consumer Usage Data is strictly in accordance with the limitations contained in the Agreement, and (III) be responsible for the acts or omissions of such third parties with respect to their use of the Consumer Information and Consumer Usage Data and shall defend, indemnify and hold harmless Customer, its impacted Affiliates and its and their respective officers, directors, members, shareholders, partners, employees, agents and legal representatives (“Customer Indemnitees”) from and against any and all claims and suits brought and liabilities, expenses, attorneys’ fees or damages claimed by a third party other than an Affiliate of the Customer Indemnitees for any breach by such third party of CSG’s obligations with respect to the Consumer Information and Consumer Usage Data. For clarity, CSG’s indemnification obligation under this Section 15(c) is subject to the provisions of Section 13(f) of the Agreement and, to the extent such third party’s acts or omissions constitute a Security Breach, Section 5 of this CD Amendment.

Examples of Qualified Parties in a sentence

  • All Qualified Parties are required to provide Colorado Disadvantaged Business Enterprises (DBEs) the opportunity to compete fairly for contracting opportunities on this project.

  • In the second phase, CDOT will issue a Request for Proposals (RFP) to the short listed Qualified Parties.

  • Qualified Parties shall not discriminate on the basis of race, color, national origin, or sex and shall carry out applicable requirements of 49 CFR Part 26 in the award and administration of the contract.

  • CDOT encourages the Qualified Parties to consider opportunities for DBEs at this preliminary stage.

  • It is OPERATOR’S responsibility to engage with Qualified Parties as outlined in VI.

  • All Qualified Parties are prohibited from receiving any advice or discussing any aspect relating to the Project or the procurement of the Project with any person or entity with an organizational conflict of interest, including companies with significant involvement on CDOT’s Advanced Guideway System (AGS) Feasibility Study procurement including, but not limited to, Jacobs Engineering Group, Inc., Typsa USA, LLC, and Aztec Engineering Group, Inc.

  • Closing date/time for submission of BidsOn (or) before 1500 hrs of 06.09.2019Date/Time for opening of Technical Bidsat 1530 hrs on 06.09.2019Date/Time for opening Financial BidWill be intimated only to the Technically Qualified Parties/ Bidders.

  • Any Class B Entity may assign this Agreement in connection with a Transfer of any Shares to a Class B Entity or any Qualified Parties or Controlled Subsidiaries of any Class B Entities; PROVIDED, that such transferee shall become a party to a counterpart of this Agreement and become bound as a Class B Entity hereunder.

  • The “Pro Rata Portion” of each Qualified Party will be a number of the SPV Shares equal to the product of (x) the total number of the Defaulting Party’s portion of the Offered SPV Shares multiplied by (y) a fraction, the denominator of which shall be the total number of the Ordinary Shares then owned by all Qualified Parties, and the numerator of which shall be the number of the Ordinary Shares then owned by each Qualified Party.

  • In making its decisions concerning the approach to be adopted for soliciting competing proposals for co-development of the Project, CDOT objectives include encouraging competition, ensuring transparency and ensuring the non-discriminatory treatment of Qualified Parties.


More Definitions of Qualified Parties

Qualified Parties means any (i) trust described in Section 664 of the Code (or any substantially similar entity under non-U.S. tax laws) of which the Shareholder or any of its Affiliates or Associates, or Family Members of the Shareholder or any of its Affiliates or Associates, are income beneficiaries and (ii) any charitable organization described in Section 501 (c) (3) of the Code (or any substantially similar entity under non-U.S. tax laws), in both cases that is or simultaneously agrees to be bound on the same basis as the Shareholder under this Agreement.
Qualified Parties means Commission Staff and Citizens’ Utility Board employees who execute a modified protective order.

Related to Qualified Parties

  • Qualified Person means one who, by possession of a recognized degree, certificate, or professional standing, or who by extensive knowledge, training and experience, has successfully demonstrated his ability to solve or resolve problems relating to the subject matter, the work, or the project.

  • Independent Qualified Party means an investment banking firm, accounting firm or appraisal firm of national standing; provided, however, that such firm is not an Affiliate of the Company.

  • Qualified personnel means personnel who meet the statutory or regulatory qualifications for each respective profession currently applicable in this state.

  • Specified Persons means the Directors, connected persons, the insiders, the Designated Employees and the promoters and immediate relatives are collectively referred to as Specified Persons.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Qualified patient means a competent adult who is a resident of this State and who has satisfied the requirements of this Act in order to obtain a prescription for medication that the qualified patient may self-administer to end the qualified patient's life in a humane and dignified manner.[PL 2019, c. 271, §4 (NEW).]

  • Excluded Parties shall have the meaning assigned to such term in Section 9.16.

  • Selling Parties shall have the meaning specified in the preamble.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.

  • Controlling Persons means the natural persons who exercise control over an Entity. In the case of a trust, such term means the settlor, the trustees, the protector (if any), the beneficiaries or class of beneficiaries, and any other natural person exercising ultimate effective control over the trust, and in the case of a legal arrangement other than a trust, such term means persons in equivalent or similar positions. The term “Controlling Persons” shall be interpreted in a manner consistent with the Financial Action Task Force Recommendations.

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).

  • Indemnified Parties shall have the meaning assigned to such term in Section 7.2.

  • Buyer Parties has the meaning set forth in the Preamble.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Investor Parties has the meaning set forth in the Preamble.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Indemnified Persons has the meaning assigned to such term in Section 7.12(c).

  • Restricted Parties has the meaning set forth in Section 6.7(a).

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Legally Qualified Physician means a physician or a Christian Science Practitioner (a) other than an Insured, a Traveling Companion or a Family Member: (b) practicing within the scope of his or her license: and (c) recognized as a physician in the place where the services are rendered.

  • Party and Parties means the Settling Defendants, the Plaintiffs, and, where necessary, the Settlement Class Members.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Interested Parties means, with respect to a structured settlement, the payee, a beneficiary irrevocably designated under the annuity contract to receive payments following the payee’s death, the annuity issuer, the structured settlement obligor, and any other party that has continuing rights or obligations under the structured settlement.

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Transferee’s Principals means collectively, (A) Transferee’s managing members, general partners or principal shareholders and (B) such other members, partners or shareholders which directly or indirectly shall own a fifty-one percent (51%) or greater economic and voting interest in Transferee.