Class B Permitted Holder definition

Class B Permitted Holder means: (a) any Member (as defined in the GP LLC Agreement) of the General Partner as of the Class B Original Issue Date; (b) any wife, lineal descendant, legal guardian or other legal representative or estate of any of the Persons described in the immediately preceding clause (a); (c) any trust of which at least one of the trustees is any of the Persons described in the immediately preceding clauses (a) or (b); and (d) any other Person that is controlled directly or indirectly by any one or more of the Persons described in the immediately preceding clauses (a) through (c).
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Class B Permitted Holder means: (i) Xxxxxxx X. Xxxxxxxx and Xxxxxxx X. Xxxxxxxx; (ii) any wife, lineal descendant, legal guardian or other legal representative or estate of any of Xxxxxxx X. Xxxxxxxx and Xxxxxxx X. Xxxxxxxx; (iii) any estate planning trust of which at least one of the trustees is any of Xxxxxxx X. Xxxxxxxx and Xxxxxxx X. Xxxxxxxx; and (iv) any other Person that is controlled directly or indirectly by any one or more of Xxxxxxx X. Xxxxxxxx and Xxxxxxx X. Xxxxxxxx.
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Class B Permitted Holder means: (a) any Member (as defined in the Third Amended and Restated Limited Liability Company Agreement of the General Partner, as amended) of the General Partner as of the Class B Original Issue Date; (b) any wife, lineal descendant, legal guardian or other legal representative or estate of any of the Persons described in the immediately preceding clause (a); (c) any trust of which at least one of the trustees is any of the Persons described in the immediately preceding clauses (a) or (b); and (d) any other Person that is controlled directly or indirectly by any one or more of the Persons described in the immediately preceding clauses (a) through (c).
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Examples of Class B Permitted Holder in a sentence

  • The Corporation shall not issue or sell any shares of Class B Common Stock or any securities (including, without limitation, any rights, options, warrants or other securities) convertible, exchangeable or exercisable into shares of Class B Common Stock to any person that is not a Class B Permitted Holder.

  • Promptly upon receipt thereof, the Company shall deliver a copy of the Transfer Notice to each Class B Permitted Holder (it being understood that any failure by the Company to do so shall not in any way affect the rights of any Transferring Stockholder hereunder).

  • Each trip meter works independently, so you can keep track of two different distances.To reset a trip meter, display it and then press and hold the Select/Reset knob until the number resets to ‘‘0.0’’.Both trip meters will reset if the vehicle’s battery goes dead or is disconnected.Fuel GaugeThis shows how much fuel you have.Odometer/Trip MeterThe odometer shows the total distance your vehicle has been driven.

  • Notwithstanding any other provision of this Plan, Awards for Class B Common Stock or Awards for securities convertible or exchangeable into Class B Common Stock may only be issued to a Class B Permitted Holder (as such term is defined in the Company’s Certificate of Incorporation, as amended).

  • The allocation of ROFO Transfer Shares elected to be purchased by the Company and/or any Class B Permitted Holder shall be determined by the holders of a majority of the Class B Common Stock outstanding at such time.

  • No Class B Permitted Holder may, directly or indirectly, sell, assign or otherwise transfer (collectively, "Transfer") any share of Class B Common Stock or any interest therein or any rights incident to ownership thereof to any other Class B Permitted Holder for consideration or value constituting a price greater than the then Market Price of the Common Stock.

  • Notwithstanding any other provision of this Plan, Awards for Class B Common Stock or Awards for securities convertible or exchangeable into Class B Common Stock may only be issued to a Class B Permitted Holder (as such term is defined in the Company's Certificate of Incorporation, as amended).

  • Subject to Section 4.1(i), at such time as a person ceases to be a Class B Permitted Holder, any and all shares of Class B Common Stock held by such person at such time shall automatically convert into shares of Class A Common Stock, provided that no conversion shall occur upon the pledge of a Class B Permitted Holder's shares of Class B Common Stock to a financial institution as contemplated by and pursuant to Section 4.1(i)(ii).

  • Any Transfer of any shares of Class B Common Stock to any Person that is not a Class B Permitted Holder shall result in the automatic conversion of such shares into shares of Class A Common Stock pursuant to Section 3(e)(5) of this Article IV.

  • As at 31st March, 2010, trade debtors of HK$8,022,000 (2009: HK$3,153,000) of the Group were past due but not impaired.


More Definitions of Class B Permitted Holder

Class B Permitted Holder means (i) each holder of any shares of Class B Common Stock so long as the Beneficial Owner (as defined in the Charter) of such shares of Class B Common Stock is a Class B Stockholder (as defined in the Charter) and (ii) each holder of any Specified Equity Securities (other than any shares of Class B Common Stock) so long as the Beneficial Owner of such Specified Equity Securities is a Class B Stockholder or would be a Class B Stockholder if such Specified Equity Securities were Class B Common Stock.
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Class B Permitted Holder means: (i) Charles R. Olmstead and Jeffrey R. Olmstead; (ii) any wife, lineal descendant, legal guardian or other legal representative or estate of any of Charles R. Olmstead and Jeffrey R. Olmstead; (iii) any estate planning trust of which at least one of the trustees is any of Charles R. Olmstead and Jeffrey R. Olmstead; and (iv) any other Person that is controlled directly or indirectly by any one or more of Charles R. Olmstead and Jeffrey R. Olmstead.
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Class B Permitted Holder shall have the meaning ascribed to such term in the Company Charter.
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Class B Permitted Holder means any of Fidelity National Special Opportunities, Inc. (including any successor thereto) and any of its Affiliates (but only for as long as such Persons are Affiliates).
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Related to Class B Permitted Holder

  • Non-Permitted Holder The meaning specified in Section 2.11(b).

  • Permitted Holder means (a) Xxxxxxx X. Xxxxxxx, (b) any of his immediate family members or his or their respective heirs by operation of law, will or intestacy or (c) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding a 50.1% or more controlling interest of which consist of Xxxxxxx X. Xxxxxxx and/or his immediate family members.

  • Permitted Holders means any or all of the following:

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Non-Permitted Transferee A Person other than a Permitted Transferee.

  • Non-permitted Foreign Holder As defined in Section 3.03(f).

  • Restricted Holder means (i) a holder that is an affiliate of the Company within the meaning of Rule 405, (ii) a holder who acquires Exchange Securities outside the ordinary course of such holder’s business, (iii) a holder who has arrangements or understandings with any person to participate in the Exchange Offer for the purpose of distributing Exchange Securities and (iv) a holder that is a broker-dealer, but only with respect to Exchange Securities received by such broker-dealer pursuant to an Exchange Offer in exchange for Registrable Securities acquired by the broker-dealer directly from the Company.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with the requirements established by the Board pursuant to Section 5.9(ii)(g), and subject to adjustment pursuant to Section 5.9(ii)(h), the percentage limit established by the Board pursuant to Section 5.9(ii)(g).

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Excluded Holder means (a) any Person who at the time this Plan was adopted was the beneficial owner of 20% or more of the outstanding Common Stock; or (b) the Company, a Subsidiary or any Employee Benefit Plan of the Company or a Subsidiary or any trust holding Common Stock or other securities pursuant to the terms of an Employee Benefit Plan.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Excepted Holder means a Stockholder for whom an Excepted Holder Limit is created by the Charter or by the Board pursuant to Section 5.9(ii)(g).

  • Class B Units means the Class B Units of the Company.

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Borrower LLC Agreement means the limited liability company agreement of the Borrower, dated on or about the Closing Date, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Public member means an individual who is not, and never

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Unrestricted Person means (a) each Indemnitee, (b) each Partner, (c) each Person who is or was a member, partner, director, officer, employee or agent of any Group Member, a General Partner or any Departing General Partner or any Affiliate of any Group Member, a General Partner or any Departing General Partner and (d) any Person the General Partner designates as an “Unrestricted Person” for purposes of this Agreement.

  • Exempt Person means the Company or any Subsidiary (as such term is hereinafter defined) of the Company, in each case including, without limitation, in its fiduciary capacity, or any employee benefit plan of the Company or of any Subsidiary of the Company, or any entity or trustee holding Common Stock for or pursuant to the terms of any such plan or for the purpose of funding any such plan or funding other employee benefits for employees of the Company or of any Subsidiary of the Company.