Permitted Transfer for Value

Example Definitions of "Permitted Transfer for Value"
Permitted Transfer for Value. Any transfer for value of an Option (a) under a domestic relations order in settlement of marital property rights, or (b) to an entity in which more than fifty percent of the voting interests are owned by Family Members (or the Optionee) in exchange for an interest in that entity."
Found in INFONET SERVICES CORP contract
Permitted Transfer for Value. Any transfer for value of an Option (a) (i) under a domestic relations order in a settlement of marital property rights, or (b) (ii) to an entity in -2- which more than fifty percent of the voting interests are owned by Family Members (or the Optionee) in exchange for an interest in that entity." entity.
Found in INFONET SERVICES CORP contract
View Variation Arrow
All Definitions