Qualifying transferee means a transferee who acquires a tax credit certificate issued under this chapter for value, in good faith, without express or implied notice of a prohibited activity of the eligible taxpayer who was originally issued the tax credit, and without express or implied notice of any other claim to or defense against the tax credit, and which transferee is not associated with the eligible taxpayer by being one or more of the following:
Qualifying transferee means any Person (a) with a rating of BBB- (stable) or higher from Standard & Poor’s Ratings Services (or any successor thereto) or Baa3 (stable) or higher from Xxxxx’x Investor Services (or any successor thereto), (b) with a credit rating from one of the aforementioned rating agencies equivalent to or higher than the then-current credit rating, if any, of AT&T Guarantor or (c) approved by Tower Operator, such approval not to be unreasonably withheld, conditioned or delayed.
Qualifying transferee means a Person acquiring shares of Issuer Common Stock in a Qualifying Transfer.
Examples of Qualifying transferee in a sentence
As set forth in the Exemption Letter, the Company may demand reasonable information concerning any proposed transferee demonstrating that such Person satisfies the requirements to be a Qualifying Transferee (as set forth in Section 3(Y)) prior to registering such transfer of Preferred Shares or Allowed Common Shares.
Subject to execution of a joinder to this Agreement, a Qualifying Transferee shall become a Stockholder hereunder.
In the event of a transfer (as hereinafter defined) of any share of Class B Common Stock to any person other than a Qualifying Transferee of such share, such share of Class B Common Stock shall automatically, without any further action, convert into one share of Class A Common Stock.
In addition, any person who would be a Qualifying Transferee of such share determined as if such Additional Qualifying Transferee or other person had been the Initial Holder of such share, shall be a Qualifying Transferee of such share of Class B Common Stock.
Any Transferee acquiring a Membership Interest in compliance with Article VIII ("Qualifying Transferee") shall be entitled only to the allocations and distributions provided to such Membership Interest in accordance with this Operating Agreement.
More Definitions of Qualifying transferee
Qualifying transferee means a transferee who acquires a tax credit certificate issued under this chapter for value, in good faith, without actual or constructive notice of a
Qualifying transferee has the meaning set forth in Section 3.4(b).
Qualifying transferee means a transferee who acquires a tax credit certificate issued under this chapter for value, in good faith, without actual express or constructive implied notice of a prohibited activity of the eligible taxpayer who was originally issued the tax credit, and without actual express or constructive implied notice of any other claim toor defense against the tax credit, and which transferee is not associated with the eligible taxpayer by being one or more of the following:Sec. 27. Section 404A.3, subsection 4, paragraph c, subparagraph (3), subparagraph division (b), subparagraph subdivision (i), Code 2016, is amended to read as follows:
Qualifying transferee means any Person (a) with a rating of BBB- (stable) or higher from Standard & Poor’s Ratings Services (or any successor thereto) or Baa3 (stable) or higher from Xxxxx’x Investor Services (or any successor thereto), (b) with a credit rating from one of the aforementioned rating agencies equivalent to or higher than the then-current credit rating, if any, of AT&T Guarantor or (c) approved by Tower Operator, such approval not to be unreasonably withheld, conditioned or delayed. (iii)In no event shall AT&T Collocator assign any of its rights, interests, duties or obligations under this Agreement (including use of the AT&T Collocation Space) with respect to less than the entirety of the AT&T Collocation Space at any Site. (iv)AT&T Collocator shall deliver to Tower Operator documentation reasonably satisfactory to Tower Operator confirming that any party to which AT&T Collocator assigns any of its duties and obligations hereunder in accordance with this Agreement shall, from and after the date of any such assignment, assume all such duties and obligations of AT&T Collocator under this Agreement to the extent of any such assignment (provided that AT&T 33 Collocator’s delivery of documentation substantially in the form of Exhibit F hereto shall be deemed to be reasonably satisfactory to Tower Operator). (v)AT&T Guarantor may not, without the prior written consent of Tower Operator, assign this Agreement or any of its rights, duties or obligations under this Agreement, including under Section 33, to any Person; provided that Tower Operator’s consent shall not be required in the case of an assignment by AT&T Guarantor of this Agreement to a successor Person of AT&T Guarantor by way of merger, consolidation or other business combination or a sale of all or substantially all of the assets of AT&T Guarantor if such successor Person or Person acquiring all or substantially all of the assets of AT&T Guarantor executes documentation reasonably satisfactory to Tower Operator assuming the obligations of AT&T Guarantor hereunder and becomes “AT&T Guarantor” for all purposes hereunder. Each of AT&T Guarantor and AT&T Collocator hereby agrees that any attempt of AT&T Guarantor or AT&T Collocator to assign its interest in this Agreement or any of its rights, duties or obligations under this Agreement, in whole or in part, in violation of this Section 16(b) shall constitute a default under this Agreement and shall be null and void ab initio. (vi)In the event of any AT&T Transfer...
Qualifying transferee means an entity:
Qualifying transferee means: any person who is not a person (natural, corporate or governmental) that is itself sanctioned or is connected, directly or indirectly, to any person that is sanctioned under economic and trade sanctions imposed by Australia, the United States of America, the European Union or any other relevant country; or any other person who is approved by the Buyer.
Qualifying transferee means the following: [after existing paragraphs (a) and (b)...]