Qualified Seller definition

Qualified Seller means a cybersecurity business that:

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Qualified Seller means a taxpayer, as defined under section 290.01, subdivision 6, who sells qualified property to: (1) a corporation or association organized under chapter 308A or, 308B, or 308C, where each person who owns a share or shares in the corporation or association would be entitled to occupy a lot within the qualified property after the sale; (2) a charitable corporation, organized under the laws of Minnesota with no outstanding stock, and granted a ruling by the Internal Revenue Service for 501(c)(3) tax-exempt status, whose members hold residential participation warrants entitling the members to occupy the units in the manufactured home park; or (3) a nonprofit or a representative acting on behalf of residents, as defined by section 327C.015, subdivision 13, who purchases the property on behalf of residents who intend to form a corporation or association as described in clause (1) or (2).

Qualified Seller means a Seller which, at the time of the proposed acquisition, (a) is in substantial compliance with all Requirements of Law and Consumer Finance Laws applicable to such Seller, and (b)

Examples of Qualified Seller in a sentence

• In addition, at the time of issuance of any Qualified Seller Subordinated Debt, each Credit Party hereby designates the Revolving Obligations under this Agreement as “Designated Senior Debt” for the purposes of the definition of “Designated Senior Debt” (or any comparable definition) contained in the Qualified Seller Subordinated Debt (or the documentation therefor) and any guarantees of such Qualified Seller Subordinated Debt.

• Both of these types of facilities shall also be referred to herein as Qualified Seller or “QS”.

• No Credit Party shall designate, or permit the designation of, any Indebtedness (other than under this Agreement and the other Credit Documents, as “Designated Senior Debt” or “Designated Senior Indebtedness” or a comparable term evidencing such designation for the purposes of the definition of the same or the subordination provisions contained in any Qualified Seller Subordinated Debt without the prior written consent of the Administrative Agent.

• Any requested revisions to the Email Notification must be accepted by O&R by sending a revised Email Notification to Qualified Seller before they will be binding upon the Parties.

• Depending on the specific Pipelines on which capacity is released to Qualified Seller (see Section 1 above), the following points of delivery (and delivery point entitlements) shall be available to Qualified Seller and/or its Agent under O&R’s service agreements with the Pipelines: O&R’s Citygate- Scheduling Point #54 (Columbia), Scheduling Point #40 (Algonquin), Scheduling Point #020293 (Tennessee), and Scheduling Point #600323 (Millennium).

More Definitions of Qualified Seller

Qualified Seller means any Person which upon written request of a Borrower is approved by Lender in writing; provided, however that such approval shall be deemed given by Lender if Lender shall fail to object in writing to such Seller within five (5) Business Days after Lender receives written request for approval from a Borrower.

Qualified Seller means a Seller that, as of a specified date, has a Credit Rating equal to or better than the Minimum Acceptable Credit Rating.

Qualified Seller means a taxpayer who sells qualified property to a manufactured home park cooperative, a nonprofit organization organized under chapter 317A, or a representative acting on behalf of residents as defined under section 327C.015, subdivision 13.

Qualified Seller means a Medallion Holder who meets the requirements of Section 1116(a)(1).

Qualified Seller means an entity having a valid Qualified Seller Certificate under the Subprogram.

Qualified Seller means a taxpayer, as defined under section 290.01, subdivision 6, who sells qualified property to: (1) a corporation or association organized under chapter 308A, 308B, or 308C, where each person who owns a share or shares in the corporation or association would be entitled to occupy a lot within the qualified property after the sale; (2) a charitable corporation, organized under the laws of Minnesota with no outstanding stock, and granted a ruling by the

Qualified Seller means a cybersecurity business