Common use of Shareholder, Partner, Member, Trustee and Beneficiary List Clause in Contracts

Shareholder, Partner, Member, Trustee and Beneficiary List. As part of the submission for approval of a Change of Ownership or Financing Event, and upon the request of County (which requests shall be no more frequent than once per year), Lessee shall provide County with an updated schedule listing the names and mailing addresses of (i) all shareholders, partners, members and other holders of equity or beneficial interests in Lessee, this Lease or the Major Sublessee under any Major Sublease, and (ii) all shareholders, partners, members and other holders of equity or beneficial interests in any of the constituent shareholders, partners, members or other holders of equity or beneficial interests in Lessee or any Major Sublessee under any Major Sublease, if such interest exceeds a five percent (5%) or greater beneficial interest in Lessee or the Major Sublessee under a Major Sublease. In the event that such shareholder, partner, member or other interest holder is a trust, Lessee shall include in such schedule the name and mailing address of each trustee of said trust, together with the names and mailing addresses of each beneficiary of said trust with greater than a five percent (5%) actuarial interest in distributions from, or the corpus of, said trust; provided, however, that to the extent that Lessee is prevented by Applicable Laws from obtaining such information regarding the beneficiaries of said trust(s), Lessee shall have complied with this provision if Xxxxxx uses its best efforts to obtain such information voluntarily and provides County with the opportunity to review any such information so obtained. Xxxxxx agrees to use its best efforts to provide County with any additional information reasonably requested by County in order to determine the identities of the holders of five percent (5%) or greater beneficial interests in Lessee or a Major Sublessee.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

Shareholder, Partner, Member, Trustee and Beneficiary List. As part of the submission for approval of a Change of Ownership or Financing Event, and upon the request of County (which requests shall be no more frequent than once per year), Lessee shall provide County with an updated schedule listing the names and mailing addresses of (i) all shareholders, partners, members and other holders of equity or beneficial interests in Lesseea Lessee Entity or a Major Sublessee, this Lease or the Major Sublessee under any Major Sublease, and a constituent ownership entity thereof (ii) all shareholders, partners, members and other holders of equity or beneficial interests in any regardless of the constituent shareholders, partners, members or other holders number of equity or beneficial interests in Lessee or any Major Sublessee under any Major Subleaselayers of such entities), if (a) such interest equals or exceeds a five percent (5%) or greater beneficial interest in a Lessee Entity and also equals or exceeds a two percent (2%) beneficial interest in the total beneficial interests in all Lessee Entities, or (b) such interest equals or exceeds a five percent (5%) beneficial interest in a Major Sublessee under and, if there are multiple Major Sublessees, also equals or exceeds a two percent (2%) beneficial interest in the total beneficial interests in all Major SubleaseSublessees. In the event that such shareholder, partner, member or other interest holder is a trust, Lessee shall include in such schedule the name and mailing address of each trustee of said trust, together with the names and mailing addresses of each beneficiary of said trust with greater than a beneficial interest that (i) is equal to or exceeds a five percent (5%) actuarial beneficial interest in distributions froma Lessee Entity and that also exceeds a two percent (2%) beneficial interest in the total beneficial interest in all Lessee Entities, or (ii) is equal to or exceeds a five percent (5%) beneficial interest in a Major Sublessee and, if there are multiple Major Sublessees, also equals or exceeds a two percent (2%) beneficial interest in the corpus of, said trusttotal beneficial interests in all Major Sublessees; provided, however, that to the extent that Lessee is prevented by Applicable Laws from obtaining such information regarding the beneficiaries of said trust(s), Lessee shall have complied with this provision sentence if Xxxxxx uses its best efforts to obtain such information voluntarily and provides County with the opportunity to review any such information so obtained. Xxxxxx agrees to use its best efforts to provide County with any additional information reasonably requested by County in order to determine the identities of the holders any holder of a five percent (5%) or greater beneficial interests interest in a Lessee Entity or a Major SublesseeSublessee (that also constitutes a two percent (2%) or greater beneficial interest in the total beneficial interests in all Lessee Entities or Major Sublessees, as applicable).

Appears in 1 contract

Samples: Lease Agreement

Shareholder, Partner, Member, Trustee and Beneficiary List. As part of the submission for approval of a Change of Ownership or Financing Event, and upon the request of County (which requests shall be no more frequent than once per year), Lessee shall provide County with an updated schedule listing the names and mailing addresses of (i) all shareholders, partners, members and other holders of equity or beneficial interests in Lesseea Lessee Entity or a Major Sublessee, this Lease or the Major Sublessee under any Major Sublease, and a constituent ownership entity thereof (ii) all shareholders, partners, members and other holders of equity or beneficial interests in any regardless of the constituent shareholders, partners, members or other holders number of equity or beneficial interests in Lessee or any Major Sublessee under any Major Subleaselayers of such entities), if (a) such interest equals or exceeds a five percent (5%) or greater beneficial interest in a Lessee Entity and also equals or exceeds a two percent (2%) beneficial interest in the total beneficial interests in all Lessee Entities, or (b) such interest equals or exceeds a five percent (5%) beneficial interest in a Major Sublessee under and, if there are multiple Major Sublessees, also equals or exceeds a two percent (2%) beneficial interest in the total beneficial interests in all Major SubleaseSublessees. In the event that such shareholder, partner, member or other interest holder is a trust, Lessee shall include in such schedule the name and mailing address of each trustee of said trust, together with the names and mailing addresses of each beneficiary of said trust with greater than a beneficial interest that (i) is equal to or exceeds a five percent (5%) actuarial beneficial interest in distributions froma Lessee Entity and that also exceeds a two percent (2%) beneficial interest in the total beneficial interest in all Lessee Entities, or (ii) is equal to or exceeds a five percent (5%) beneficial interest in a Major Sublessee and, if there are multiple Major Sublessees, also equals or exceeds a two percent (2%) beneficial interest in the corpus of, said trusttotal beneficial interests in all Major Sublessees; provided, however, that to the extent that Lessee is prevented by Applicable Laws from obtaining such information regarding the beneficiaries of said trust(s), Lessee shall have complied with this provision sentence if Xxxxxx Lessee uses its best efforts to obtain such information voluntarily and provides County with the opportunity to review any such information so obtained. Xxxxxx Lessee agrees to use its best efforts to provide County with any additional information reasonably requested by County in order to determine the identities of the holders any holder of a five percent (5%) or greater beneficial interests interest in a Lessee Entity or a Major SublesseeSublessee (that also constitutes a two percent (2%) or greater beneficial interest in the total beneficial interests in all Lessee Entities or Major Sublessees, as applicable).

Appears in 1 contract

Samples: Lease Agreement

Shareholder, Partner, Member, Trustee and Beneficiary List. As part of Prior to the submission for approval of a Effective Date, prior to each subsequent Change of Ownership or Financing Event, and upon the request of County (which requests shall be no more frequent than once per year), Lessee shall provide County with an updated schedule listing the names and mailing addresses of (i) all shareholders, partners, members and other holders of equity or beneficial interests in Lessee, this Lease or the Major Sublessee under any Major Sublease, and (ii) all shareholders, partners, members and other holders of equity or beneficial interests in any of the constituent shareholders, partners, members or other holders of equity or beneficial interests in Lessee or any Major Sublessee under any Major Sublease, if such interest exceeds a five percent (5%) or greater beneficial interest in Lessee or the Major Sublessee under a Major Sublease. In the event that such shareholder, partner, member or other interest holder is a trust, Lessee shall include in such schedule the name and mailing address of each trustee of said trust, together with the names and mailing addresses of each beneficiary of said trust with greater than a five percent (5%) actuarial interest in distributions from, or the corpus of, said trust; provided, however, that to the extent that Lessee is prevented by Applicable Laws from obtaining such information regarding the beneficiaries of said trust(s), Lessee shall have complied with this provision if Xxxxxx Lessee uses its best efforts to obtain such information voluntarily and provides County with the opportunity to review any such information so obtained. Xxxxxx Lessee agrees to use its best efforts to provide County with any additional information reasonably requested by County in order to determine the identities of the holders of five percent (5%) or greater beneficial interests in Lessee or a Major Sublessee.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

Shareholder, Partner, Member, Trustee and Beneficiary List. As part of the submission for approval of a Change of Ownership or Financing Event, and upon the request of County (which requests shall be no more frequent than once per year), Lessee shall provide County with an updated schedule listing the names and mailing addresses of (i) all shareholders, partners, members and other holders of equity or beneficial interests in Lessee, this Lease or the Major Sublessee under any Major Sublease, and (ii) all shareholders, partners, members and other holders of equity or beneficial interests in any of the constituent shareholders, partners, members or other holders of equity or beneficial interests in Lessee or any Major Sublessee under any Major Sublease, if such interest exceeds a five percent (5%) or greater beneficial interest in Lessee or the Major Sublessee under a Major Sublease. In the event that such shareholder, partner, member or other interest holder is a trust, Lessee shall include in such schedule the name and mailing address of each trustee of said trust, together with the names and mailing addresses of each beneficiary of said trust with greater than a five percent (5%) actuarial interest in distributions from, or the corpus of, said trust; provided, however, that to the extent that Lessee is prevented by Applicable Laws from obtaining such information regarding the beneficiaries of said trust(s), Lessee shall have complied with this provision if Xxxxxx Lessee uses its best efforts to obtain such information voluntarily and provides County with the opportunity to review any such information so obtained. Xxxxxx Lessee agrees to use its best efforts to provide County with any additional information reasonably requested by County in order to determine the identities of the holders of five percent (5%) or greater beneficial interests in Lessee or a Major Sublessee.

Appears in 1 contract

Samples: Lease Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.