Examples of Apax Holders in a sentence
On or after the first date on which the Apax Holders cease to beneficially own, in the aggregate, forty percent (40%) or more of the voting power of the Voting Stock, any action required or permitted to be taken by the stockholders of the Company must be effected at a duly called annual or special meeting of stockholders of the Corporation.
The provisions of this Section 2.13 shall not apply to any nominations made by the Apax Holders pursuant to Section 1 of the Stockholders Agreement.
Such notice (the “Tag-Along Notice”) shall set forth all material terms and conditions of such proposed Transfer, including the name of the prospective transferee, the number of Units proposed to be Transferred to the extent known (the “Tag-Along Securities”) by the Apax Holders, the aggregate purchase price proposed to be paid therefor and the payment terms and type of Transfer to be effectuated.
During the Restricted Period, the Executive agrees not to make any public statement that is intended to or could reasonably be expected to disparage the Partnership, the Apax Holders and their respective Affiliates, Subsidiaries, directors, officers, or employees.
As of the date of this letter agreement, the Apax Holders own an aggregate of 37,703,694 shares of Bankrate common stock (“Shares”), representing approximately 38.7% (such percentage, the “Apax Percentage”) of Bankrate's outstanding Shares as of January 29, 2016.
The Apax Holders shall be entitled to assign all or any portion of their rights hereunder to any Permitted Transferee.
The Apax Holders and/or each Tag-Along Offeree shall Transfer to the purchaser all of the Units proposed to be sold by them at not less than the price (subject, to the last sentence of this Section 9.3(a)) and upon other terms and conditions, if any, not more favorable to the purchaser than those originally offered.
If such Approved Partnership Sale is structured as a Transfer of Units, then each Partner shall Transfer all of his, her or its Units and rights to acquire Units upon the terms and subject to the conditions approved by the Majority Apax Holders.
The Apax Holder shall not Transfer any Units to such purchaser if such purchaser declines to permit the participating Tag-Along Offerees to participate pursuant to the terms of this Section 9.3. The consideration to be received by the Tag-Along Offerees in the Tag-Along Sale in respect of their Common Series B Units shall be the same form of consideration and the same per Unit price as the price paid to the Apax Holders for their Common Series A Units in the Tag-Along Sale.
For purposes of determining whether the aggregate amount being transferred under this Note meets the $500,000 threshold in the preceding sentence, all amounts of Short Term Notes to be transferred by Advent Holders may be aggregated and all amounts of Short Term Notes to be transferred by Apax Holders may be aggregated.