Ownership of the Holders Sample Clauses

Ownership of the Holders. (a) At all times, CPE must be at least 60% owned and controlled by CMC, SMG and SAIL (through their respective ownership of CPE Parent), and DWA Subsidiary must be at least 60% owned and controlled by DWA. Any changes in the identity of the direct or indirect equity holders of CPE or DWA Subsidiary, and any Transfers of such Person’s equity interests among the existing equity holders of such Person, will require at least 30 days’ prior written notice to, and good faith consultation with, the other Holder; provided that any proposed Transfer of equity interests in CPE, CPE Parent or DWA Subsidiary (i) that would violate U.S. or Chinese Law or policy or cause the Company, any Company Subsidiary or any Holder to be in violation of U.S. or Chinese Law or policy, or (ii) in any transaction the result of which would be to render the conduct of the Core Business (or any material portion thereof) by the Company and the Company Subsidiaries illegal or impracticable (including as a result of the loss of any required permit of any applicable Governmental Entity), shall be prohibited; provided further that any Transfer of any equity interests in CPE, CPE Parent or DWA Subsidiary in violation of this Section 6.07 shall be null and void to the fullest extent permitted by applicable Law. For the avoidance of doubt, any Transfer of an equity interest in DWA or the CPE Holders, or any entity (other than CPE, CPE Parent or DWA Subsidiary) holding an equity interest in DWA or the CPE Holders, shall not be subject to any restriction under this Agreement. (b) The Class A Holder and the Class B Holder shall not conduct an initial public offering of the equity interests of the Class A Holder or the Class B Holder, respectively.
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Related to Ownership of the Holders

  • Ownership of Warrants The Corporation and the Warrant Agent may deem and treat the Registered Warrantholders as the absolute owner thereof for all purposes, and the Corporation and the Warrant Agent shall not be affected by any notice or knowledge to the contrary except where the Corporation or the Warrant Agent is required to take notice by statute or by order of a court of competent jurisdiction. The receipt of any such Registered Warrantholder of the Common Shares which may be acquired pursuant thereto shall be a good discharge to the Corporation and the Warrant Agent for the same and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holder except where the Corporation or the Warrant Agent is required to take notice by statute or by order of a court of competent jurisdiction.

  • Ownership of the Shares The Selling Shareholders own all of the Shares, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

  • Ownership of Shares The ownership of Shares shall be recorded on the books of the Trust or a transfer or similar agent for the Trust, which books shall be maintained separately for the Shares of each Series (and class). No certificates evidencing the ownership of Shares shall be issued except as the Board of Trustees may otherwise determine from time to time. The Trustees may make such rules as they consider appropriate for the transfer of Shares of each Series (and class) and similar matters. The record books of the Trust as kept by the Trust or any transfer or similar agent, as the case may be, shall be conclusive as to the identity of the Shareholders of each Series (and class) and as to the number of Shares of each Series (and class) held from time to time by each Shareholder.

  • Ownership of Rights 6. 1. Licensed Material remains the property of either Licensor or the relevant third party and any rights not explicitly granted herein are expressly reserved.

  • Ownership of Warrant The Company may deem and treat the person in whose name this Warrant is registered as the holder and owner hereof (notwithstanding any notations of ownership or writing hereon made by anyone other than the Company) for all purposes and shall not be affected by any notice to the contrary, until presentation of this Warrant for registration of transfer.

  • Ownership of the Company At all times while this Parent Guarantee Agreement is in effect and while any of the obligations of the Parent Guarantor hereunder remain outstanding, one hundred percent (100%) of the outstanding capital stock of the Company shall be owned by the Parent Guarantor.

  • Ownership of Interests The Interest Owners are the owners of all of the Interests, each owning the percentage set forth in Item 2(a) of Schedule 1, and have good and valid title thereto, with no restrictions on, or any agreements with respect to, voting rights or any other incidents of ownership thereof, except as set forth in the Company’s Organizational Documents. The Interests represent one hundred percent (100%) of the record and beneficial interests in the Company and all other right, title and interest in and to the equity of the Company. The Interest Owners have the absolute right to sell and transfer all of the Interests to Buyer free and clear of all Interest Liens. Each Interest Owner acquired its Interest in compliance with all applicable laws. On consummation of the Contemplated Transactions, in accordance with the terms hereof, Buyer will acquire good and marketable title to the Interests free and clear of all Interest Liens.

  • Ownership of Membership Interests The Member shall own all of the membership interests in the Company and the Member shall have a 100% distributive share of the Company’s profits, losses and cash flow.

  • Ownership of Stock The Selling Shareholders own all of the issued and outstanding shares of capital stock of the Company, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

  • Ownership of This Warrant The Company may deem and treat the person in whose name this Warrant is registered as the holder and owner hereof (notwithstanding any notations of ownership or writing hereon made by anyone other than the Company) for all purposes and shall not be affected by any notice to the contrary until presentation of this Warrant for registration of transfer as provided in this Section 4.

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