Examples of BAT Group Permitted Holders in a sentence
Except as expressly provided in this Agreement (including Article 7), the Parties intend that: (1) this Agreement will not benefit or create any right or cause of action in favour of any Person other than (a) the BAT Group Permitted Holders, and (b) the Company; and (2) no Person other than the BAT Group Permitted Holders, on the one hand, and the Company, on the other hand, shall be entitled to rely on the provisions of this Agreement in any action, suit, proceeding, hearing or other forum.
Legislative Authority Title XIX of the Social Security Act, as amended by the Omnibus Budget Reconciliation Act (OBRA) of 1989 provides that children from birth through 20 years of age are eligible for services identified and prescribed as a result of the Well Child Check-Up, formerly called the Early and Periodic Screening and Diagnostic Treatment, regardless of whether the services are included in Florida’s Medicaid State Plan.
For clarity, the Company shall not be required to seek shareholder approval for issuances pursuant to this Article 5 that would require shareholder approval pursuant to Securities Laws (but only to the extent that the participation of the BAT Group Permitted Holders triggers such requirement).
For greater certainty, for the purposes hereof the current size of the Board shall be considered to be 10 taking into account the current vacancy contemplated to be filled by a nominee of the BAT Group Permitted Holders.
In such an event, the BAT Group Permitted Holders shall use commercially reasonable efforts to cause such BAT Director Nominee(s) to resign from the Board and the Company shall record such resignation(s) in the Company's books and records.
In such an event, the BAT Group Permitted Holders shall use commercially reasonable efforts to cause such BAT Director Nominee(s) to resign from the Board and the Company shall record such resignation(s) in the Company’s books and records.
In such an event, the BAT Group Permitted Holders shall use commercially reasonable efforts to cause such Director Nominee(s) to resign from the Board and the Company shall record such resignation(s) in the Company’s books and records.
By way of example, if the BAT Group Permitted Holders initially hold 60 Shares, 2/3 of such number shall be 40 Shares, but if the BAT Group Permitted Holders subsequently acquire an additional 60 Shares, 2/3 of such number shall be 80 Shares.
Such participation in, and the Company’s completion of, the underwritten Demand Registration is conditional upon each of the BAT Group Permitted Holders and the Company agreeing that the terms of any underwriting agreement are satisfactory to it, in its reasonable discretion.
If the Partially Diluted Ownership Percentage of the BAT Group Permitted Holders does not meet or exceed the threshold set forth in Section 2.3(2)(b) above following the expiration of the Nominee Cure Period, the Board observation and nomination rights contained in this Article 2 shall terminate and be of no further force and effect.