Common use of Regulated Stockholders Clause in Contracts

Regulated Stockholders. At the request of any Regulated ---------------------- Stockholder, the Company will exchange (on a share-for-share basis) shares of voting securities of the Company held by such Regulated Stockholder, or will issue to such Regulated Stockholder in lieu of voting securities otherwise issuable to such Regulated Stockholder pursuant to Section 6, shares of other securities which (a) do not have voting rights (or which have such limited voting rights as such Regulated Stockholder may reasonably request), (b) are convertible into such voting securities on a share-for-share basis (subject to such limitations as such Regulated Stockholder may request), and (c) are otherwise identical to such voting securities. Any such non-voting or limited- voting securities will constitute "Shares" for purposes of this Agreement. "Regulated Stockholder" means any direct or indirect majority-owned subsidiary --------------------- of a bank holding company, or any bank holding company.

Appears in 4 contracts

Samples: Stock Purchase Agreement (American Cellular Corp /De/), Stockholders Agreement (American Cellular Corp /De/), Stockholders Agreement (American Cellular Corp /De/)

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