Permitted Group definition

Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.
Permitted Group means in the case of (i) Entrust SSL Web Server Certificate(s), EV SSL Certificate(s), Private SSL Certificate(s), EV Code Signing Certificate(s), Document Signing Certificate(s) and Code Signing Certificates, You and Your Affiliates; and (ii) in the case of Client Certificates, Your employees or third parties conducting Enterprise related business with to whom You have assigned an email address for such business purposes.
Permitted Group means any group of investors that is deemed to be a “person” (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

Examples of Permitted Group in a sentence

  • May need a team rather than an individual to do it.General Concerns1.

  • For this strain, both male and female larvae are reared until they can be separated based on color (McCombs and Saul, 1995; Shelly, 2020).

  • A director, notwithstanding his office, may be a director or other officer of, employed by, or otherwise interested (including by the holding of shares) in, the shareholder who appointed him as a director of the Company, or any other member of such shareholder's Permitted Group, and no authorisation under Article9.1 shall be necessary in respect of any such interest.

  • A Permitted Group Reorganisation cannot be completed prior to the Trustee having received legal opinions satisfactory to the Bond Trustee with respect to the legality, validity and enforceability of the new Finance Documents provided.

  • The operating agreement also provides that, upon the death of an member, his or her “living trust, estate, legatee or other successor in interest” will “automatically and immediately” become a “Successor Member” as long as the successor “is a member of the Permitted Group as defined in the members’ agreement.”To be legally effective, a provision in an operating agreement must be “not inconsistent” with the laws of this State.


More Definitions of Permitted Group

Permitted Group means any group of investors that is deemed to be a “person” (as that term is used in Section 13(d)(3) of the Exchange Act) at any time prior to the Company’s initial public offering of limited partnership interests, by virtue of the Partnership Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Permitted Holders) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Permitted Holders in the aggregate.
Permitted Group means any "person" or "group" (as such terms are used in Section 13(d) and 14(d) of the Exchange Act) if the Permitted Holders have both the voting power and the dispositive power relating to more than 50% of the shares of Voting Stock of the Issuer beneficially owned by such person or group.
Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act) at any time prior to an underwritten initial public offering of common stock of the Company, by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time, provided that no single Person (other than the Principals) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals in the aggregate.
Permitted Group has the meaning set forth in the definition ofEquity Investors”.
Permitted Group means any investor that is a Beneficial Owner of Voting Stock of the Company or any Parent Company and that is also a party to a stockholders’ agreement with any of the Principals or their Related Parties and any group of investors that is deemed to be a “person” (as that term is used in Section 13(d)(3) of the Exchange Act) by virtue of any such stockholders’ agreement; provided that the Principals and their Related Parties continue to collectively Beneficially Own, directly or indirectly, at all times more than 50% of the Voting Stock of the Company or Parent Company, as applicable, and the ability to elect a majority of the members of the Board of Directors of the Company or Parent Company (without giving effect to any Voting Stock that may be deemed to be beneficially owned by the Principals and their Related Parties pursuant to Rule 13d-3 or 13d-5 under the Exchange Act).
Permitted Group means any group of investors that is deemed to be a “person” (as that term is used in Section 13(d) of the Exchange Act) at any time prior to GNC’ initial public offering of common stock, solely by virtue of the Stockholders Agreement by and among GNC, Ares, OTPP, the Executive, and the other parties thereto, as the same may be amended, modified or supplemented from time to time.
Permitted Group means any group of investors party to the Stockholders’ Agreement, as the same may be amended, modified or supplemented from time to time, provided that the Permitted Holders and their Related Parties continue to be the “beneficial owners” (as such term is used in Section 13(d) of the Exchange Act), directly or indirectly, of more than 50% of the voting power of the issued and outstanding Capital Stock of the Company or Holdings (as applicable) that is “beneficially owned” (as defined above) by such group of Investors.