Qualifying purpose definition

Qualifying purpose means a qualifying purpose as defined in section 8EA(1).
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Qualifying purpose means a religious, hospital, scientific or charitable purpose. Charitable purposes include educational purposes as defined in Revenue and Taxation Code section 214, subdivision (j).
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Qualifying purpose means a use that meets the qualifications of subparagraph (C)
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Examples of Qualifying purpose in a sentence

  • Note: Evaluation of Technical Bid is only for Qualifying purpose.

  • Qualifying purpose for purposes of section 8E is defined with reference to the definition of qualifying purpose as defined in section 8EA of the Income Tax Act.


More Definitions of Qualifying purpose

Qualifying purpose means a breach of the "Qualifying Representations, Warranties or Covenants" or a "Non-Material Breach"; (ii) "Qualifying Representations, Warranties or Covenants" means those representations, warranties and/or covenants set forth in Sections 3.10 (but only to the extent of litigation that was unknown and not reasonably foreseeable as of the date hereof), 3.16(c) (but only to the extent relating to ordinary wear and tear), 3.17 (but only to the extent of litigation that was unknown and not reasonably foreseeable as of the date hereof), 3.22(g), 3.25(a), 3.27(a), 3.27(m), 3.28, 4.4(a), 4.4(b), 4.6 (but only to the extent of litigation that was unknown and not reasonably foreseeable as of the date hereof), 4.8 (but only to the extent of litigation that was unknown and not reasonably foreseeable as of the date hereof), 4.12(a), 5.6(a), 5.6(b), 5.6(e) and 5.7(k) (provided, however, Sections 5.6(a), 5.6(b), 5.6(e) and 5.7(k) shall constitute Qualifying Representations, Warranties or Covenants only to the extent that the Shareholders had no knowledge of the action(s) giving rise to the claim of breach); and (iii) a "Non-Material Breach" means any breach of the representations, warranties, covenants or agreements set forth herein that could not reasonably be expected, individually or in aggregate, to be likely to lead to the loss by any or all of RIG, on the one hand, or the LeaseTrend Parties, on the other, of greater than $100,000.
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Qualifying purpose shall have the meaning set out in Section 8.13(b).
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Qualifying purpose means a religious, hospital, scientific or charitable purpose.
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Qualifying purpose means, in respect of an education savings plan, one or any combination of the purposes set out in the definition of “Qualified Trust” above.
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Qualifying purpose means a use that meets the qualifications of subparagraph (C) of paragraph (2) of this subsection.
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Qualifying purpose shall have the meaning given that term in Section 7.13. 1.89 "Rail Car Services Agreement" shall mean the rail car services agreement between Mobil and Valero dated as of the date of this Agreement.
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Related to Qualifying purpose

  • Qualifying patient means a person who:

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • qualifying person means a person in respect of whom payment has been made from the Fund, the Eileen Trust, MFET Limited, the Skipton Fund, the Caxton Foundation or the London Bombings Relief Charitable Fund;

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Qualifying student means a student who is a South Carolina resident and who is eligible to be enrolled in a South Carolina secondary or elementary public school at the kindergarten or later year level for the current school year.

  • Qualifying services means the provision of any service to the State or to any other public body, except for public work as defined in section 2 of P.L.1963, c.150 (C. 34:11-56.26).

  • Qualifying position means one or more jobs with one or more participating public em-

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Qualifying Party means (a) a Limited Partner, (b) an Assignee or (c) a Person, including a lending institution as the pledgee of a Pledge, who is the transferee of a Limited Partner Interest in a Permitted Transfer; provided, however, that a Qualifying Party shall not include the Special Limited Partner.

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • Qualifying year means the calendar year to which the qualifying certificate applies.

  • Qualifying investment means a capital investment in real property including the purchase price of land and existing buildings and structures, site preparation, improvements to the real property, building construction, and long-term lease costs. “Qualifying investment” also means a capital investment in depreciable assets.

  • Qualifying Provinces means, collectively, all of the Provinces of Canada except Québec;

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Qualifying Service means one year or more of continuous service and residence away from the home country and the country of nationality of a staff member, or the country where the staff member has acquired permanent resident status.

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Qualifying medical condition means seizure disorder,

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Cooperative Stock With respect to a Cooperative Loan, the single outstanding class of stock, partnership interest or other ownership instrument in the related Cooperative.

  • qualifying support means income support to which that person is entitled by virtue of paragraph 14B of Schedule 1B to the Income Support (General) Regulations 1987; and

  • Qualifying school means a private school that:

  • Qualifying contribution means, with respect to a

  • Non-Qualifying Party means any Borrower or any Guarantor that on the Eligibility Date fails for any reason to qualify as an Eligible Contract Participant.