Sale Election definition

Sale Election has the meaning set forth in Section 4.5(c) hereof.
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Sale Election means an election by a Trust Beneficiary to have Trust Shares equal in number to its Interests withdrawn and sold, without the payment of commissions or other fees, through the Purchase and Sale Program in accordance with the Purchase and Sale Program Procedures and Section 5.3.
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Sale Election has the meaning assigned that term in Section 7.02(b)(ii).
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Examples of Sale Election in a sentence

  • The Third Party Sale Option shall be deemed waived if the Third Party Sale Notice is not provided in accordance with this Section 3.1(b)(i) during the Third Party Sale Election Period.

  • Seller may, in its sole discretion, exercise the Third Party Sale Option by providing Buyer with Notice in a form substantially similar to the form in Appendix XVIII (“Third Party Sale Notice”) at any time, but only once, on or following the Execution Date and no later than ninety (90) days prior to the Initial Energy Delivery Date (“Third Party Sale Election Period”).

  • If a Trust Beneficiary receives a distribution of Trust Shares, or Trust Shares are withdrawn pursuant to a Withdrawal Election, withdrawn and sold pursuant to a Sale Election or withdrawn pursuant to Section 5.7, 5.11 or 6.3(g), the Trust Beneficiary shall be treated for purposes of this Agreement and for all relevant tax purposes as having received the same Trust Shares as were deposited in the Trust for the benefit of the Trust Beneficiary.

  • SRC Producer shall not sell any Photovoltaic Energy or any associated RECs generated from the PV System to any person other than Public Service or, if SRC Producer has not made a REC Sale Election, RECs associated with Subscribed Energy to SRC Subscribers, during the Term of this Agreement, and Public Service shall purchase and own all Photovoltaic Energy and associated RECs produced by the PV System except for those sold to SRC Subscribers as set forth in this Section 2.9.

  • The price to be paid by SRC Producer to Public Service for acceptance of Subscribed Energy and (if SRC Producer has made a REC Sale Election) the associated RECs shall be expressed in dollars per megawatt-hour (MWh).

  • If SRC Producer has made a REC Sale Election, SRC Producer shall have at the time of delivery good and sufficient title, or the right to transfer good and sufficient title, to all RECs associated with such Photovoltaic Energy output to Public Service, free and clear of all liens and encumbrances.

  • On or before October 15, 2002, the Town shall notify Delmarva, irrevocably and unconditionally, in writing, if the Town intends to sell the Leased Facilities to Delmarva at the end of the Lease Term for the Delmarva Purchase Price (the " Sale Election Notice").

  • The price to be paid by Public Service for the purchase of the Subscribed Energy and (if SRC Producer has made a REC Sale Election) the associated RECs hereunder shall be expressed in dollars per megawatt-hour (MWh).

  • Thereafter, the Sale Election Notice shall not be revoked, modified, or conditioned in any way whatsoever by the Town without Delmarva's express written consent, in advance.

  • RemainCo shall have thirty (30) days from the receipt of the SpinCo Sale Notice to notify SpinCo in writing (the “RemainCo Sale Election Notice”) of its election to purchase the Licensed Marks pursuant to such SpinCo Sale Notice on the same terms and conditions set forth therein; provided that RemainCo shall be deemed to have rejected such SpinCo Sale Notice if it fails to provide the RemainCo Sale Election Notice within such thirty (30)-day period.


More Definitions of Sale Election

Sale Election means: (a) for a registered shareholder of the Company, the delivery of the Letter of Transmittal and Election Form; and (b) for a beneficial shareholder of the Company, an electronic election made in the CDSX system;
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Sale Election shall have the meaning set forth in Section 10(b).
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Sale Election has the meaning set forth in Section 8.1(c).
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Sale Election means an election by a Selling Shareholder to have all (but not some) of the Holdco Shares to which the Selling Shareholder is entitled to under the Scheme sold by the Sale Agent through the Sale Facility, by lodging a “Sale Election Form” in accordance with the instructions on that form so that it is received by Sundance Share Registry before 5pm (Melbourne time) on the Scheme Record Date.
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Sale Election means an election made by an Employee who is a participant in the Share Plans or the Option Plan (as defined below) directing Seller or its Affiliates to sell the shares underlying an award granted pursuant to the Share Plans or Option Plan, as applicable.
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Related to Sale Election

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Primary election means any regular primary election held under the election

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Mixed Election has the meaning set forth in Section 3.01(b)(iii).

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Qualified Election means a Participant's waiver of a Qualified Joint and Survivor Annuity or a Qualified Pre-Retirement Survivor Annuity. Any such waiver must be consented to in writing by the Participant's Spouse. The Spouse's consent must: designate a specific Beneficiary (including any class of Beneficiaries or any contingent Beneficiaries, which may not be changed without spousal consent) or expressly permits designations by the Participant without any further spousal consent; acknowledge the effect of the election; and be witnessed by a member of the Committee or a Notary Public. Additionally, a Participant's waiver of the Qualified Joint and Survivor Annuity shall not be effective unless the election designates a form of benefit payment which may not be changed without spousal consent (or the Spouse expressly permits designations by the Participant without any further spousal consent). Notwithstanding this consent requirement, if the Participant establishes to the satisfaction of a member of the Committee that there is no Spouse or the Spouse cannot be located, a waiver will be deemed a Qualified Election. Any spousal consent (or deemed spousal consent) obtained under this provision will be valid only with respect to such Spouse. A consent that permits designations by the Participant without further consent by such Spouse must acknowledge that the Spouse has the right to limit consent to a specific Beneficiary and, where applicable, a specific form of benefit, and that the Spouse voluntarily elects to relinquish either or both of such rights. A revocation of a prior waiver may be made by a Participant without the consent of the Spouse at any time before the commencement of benefits. The number of revocations shall not be limited. No consent obtained under this provision shall be valid unless the Participant has received notice as provided in paragraph (b) below.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Early Opt-in Election means the occurrence of:

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Election Date has the meaning specified in Section 3.12(h).

  • Statewide popular election means a general election in which

  • Election means an election by a constituency, or by a class within a constituency, to fill a vacancy among one or more posts on the council of governors;

  • Special election means an election held as authorized by Section 20A-1-203.