Qualifying Purchasers definition

Qualifying Purchasers means Purchasers with Subscription Amounts of $1 million or more, and that, as of the relevant date (if such relevant date occurs after the Closing), hold not less than 25% of the aggregate Shares and Warrant Shares (calculated together) purchased by such Purchasers hereunder.
Sample 1Sample 2Sample 3
Qualifying Purchasers means those people wishing to purchase an Affordable Housing Unit whose needs are otherwise unable to be met on the open market, and who are first time buyers or have had a significant change in circumstances, and have an income below the Council’s maximum annual household income criteria applicable at the time of placing the Advert, or such other categories of person as the Council considers appropriate from time to time;
Sample 1Sample 2Sample 3
Qualifying Purchasers means Patriot, EJF Sidecar Fund, Series LLC - Series E; each Wellington Purchaser; Xxxxx Capital Partners, LLC; The Banc Funds Company, L.L.C.; Siena Capital Partners; and JCSD PARTNERS, LP.
Sample 1

Examples of Qualifying Purchasers in a sentence

  • Set out below is a summary of the tax benefits available to Qualifying Subscribers and Qualifying Purchasers.

  • Any gain or loss accruing to Qualifying Subscribers or Qualifying Purchasers on a disposal of shares in a company which was a VCT at the time he, or she, acquired the shares, and remained a VCT throughout his, or her, period of ownership, will neither be a chargeable gain, nor an allowable loss, for the purposes of capital gains tax.

  • The following is a summary of the tax benefits available to VCTs and their individual shareholders who are either Qualifying Subscribers or Qualifying Purchasers.

  • Individual ShareholdersThe following is a summary of the tax benefits available to VCTs and their individual shareholders who are either Qualifying Subscribers or Qualifying Purchasers.

  • The wording of the Advert is to be agreed between the LCHOU Land Proprietor and the Council, both parties acting reasonably, but declaring that the Advert will state that applications will be accepted from Qualifying Purchasers for a period of six (6) weeks from the last date of the Advert.

  • For the avoidance of doubt, the LCHOU Land Proprietor will not be involved in nor make any judgement over the suitability of the Qualifying Purchasers as this is the sole responsibility of the Council, subject to the proviso that priority will be given to existing tenants of the Council or RSLs in the Community.

  • In the event that the Council provide the Subsequent Owner with more than one Qualifying Purchaser the Council shall advise the Subsequent Owner of the priority ranking of the Qualifying Purchasers and the Subsequent Owner shall thereafter offer the LCHOU for sale in accordance with said ranking.

  • Investments in ordinary shares in VCTs in excess of the Qualifying Limit will not be eligible for any tax benefits.Set out below is a summary of the tax benefits available to Qualifying Subscribers and Qualifying Purchasers.

  • Tax Considerations for Shareholders (a) Individual Shareholders The following is a summary of the tax benefits available to VCTs and their individual shareholders who are either Qualifying Subscribers or Qualifying Purchasers.

  • The LCHOU are then to be sold to the Qualifying Purchasers in accordance with such ranking at either the One Bedroom Unit Price, the Two Bedroom Unit Price or the Three Bedroom Unit Price as applicable (the LCHOU Price) depending on the number of bedrooms within the LCHOU in question (i.e, if the LCHOU in question has one bedroom then the One Bedroom Unit Price shall apply).30 7 As soon as Missives are concluded in respect of each LCHOU, the LCHOU Land Proprietor shall send a copy thereof to the Council.

Related to Qualifying Purchasers

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Purchasers is defined in Section 12.3.1.

  • Investor is defined in the preamble to this Agreement.