Examples of Class D Holder in a sentence
To exercise any right to repurchase Class D Units pursuant to this Schedule C, the Company shall deliver a written notice (an "Election Notice") to the Class D Holder whose Class D Units are being repurchased within 45 days following the event giving rise to such right.
At the closing of any such purchase, (A) such Class D Holder shall deliver any documentation reasonably requested by the Company and necessary to Transfer such Class D Units to the Company and (B) the Company shall deliver in cash or otherwise in immediately available funds to such Class D Holder the purchase price being paid by the Company for such Class D Units.
In the case of a Class D Holder which is a corporation or partnership (other than a Charitable Organization or a corporation or partnership described in clause (d) above) holding record and beneficial ownership of the shares of Class B Stock in question, "Permitted Transferee" means (1) any person transferring such shares of Class B Stock to such corporation or partnership and (2) any Permitted Transferee of any such transferor determined under clause (a) above.
This Class D Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement, as amended from time to time, the Class D Holder by virtue of the acceptance hereof assents and by which the Class D Holder is bound.
The Corporation shall promptly provide to all Class F Holders a copy of any Redemption Notice it receives from a Class D Holder pursuant to this Section F.6.a.