Direct Transferee definition

Direct Transferee means, in respect of any Conversion Common Stock, any person or entity that acquired such Conversion Common Stock directly from a Permitted Holder.
Direct Transferee means any person that acquires (other than in a registered public offering) directly from Forest or any of its affiliates or successors or any “group”, or any member of any such group, to which such persons are a party under Rule 13d-5 of the Exchange Act beneficial ownership of 15% or more of the then outstanding voting stock of the Corporation.
Direct Transferee means any Person to which Company transfers a Loan or Receivable, and any Affiliate of such Person or special purpose vehicle established at the direction or for the benefit of such Person or an Affiliate of such Person to which such Person subsequently transfers a Loan or Receivable.

Examples of Direct Transferee in a sentence

  • As to any Direct Transferee (or Affiliate thereof) or any subsequent transferee, Bank will not unreasonably withhold, delay or condition its approval.

  • At all times from and after the Closing, the Company shall grant such approvals and take all other actions as are necessary to exempt from the Anti-Takeover Charter Provision and Section 203: (i) any transaction in which the Ares Parties and/or its affiliates and associates have acquired or will acquire any Capital Stock of the Company or its Subsidiaries; and (ii) any Transfer of Capital Stock of the Company or its Subsidiaries to an Ares Direct Transferee or Ares Indirect Transferee.

  • PFL shall include a provision in any agreement by which PFL sells or transfers Assets requiring such Direct Transferee to comply with the terms of this Section 3(d) to the same extent as PFL, and requiring such transferee to include such a provision in subsequent transfers of the Assets.

  • It is also agreed that the Indemnification Notice, the Claim and other actions taken under the name of the Rescuing Company for the Permitted Direct Transferees shall be deemed to have been taken by the relevant Permitted Direct Transferee for the purpose of Article VIII if and when the Permitted Direct Transferees are allowed to exercise their right for indemnification directly against the Transferring Company.

  • On-Sell Price in respect of a Relevant Share means the sale price by which the Lender or a Direct Transferee sells that Relevant Shares to any other person.

  • PMI shall include a provision in any agreement by which PMI sells or transfers Stand By Assets requiring such Direct Transferee to comply with the terms of this Section 3(d) to the same extent as PMI, and requiring such transferee to include such a provision in subsequent transfers of the Stand By Assets.

  • Expressions defined in the Share and Account Charge shall have the same meanings when used herein save where expressly provided otherwise or where the contrary intention appears and: Direct Transferee means the Lender or any of its Affiliates which purchases or otherwise acquires any Collateral Shares (through appropriation or otherwise) upon the enforcement of the Security created pursuant to the Share and Account Charge.

  • Enforcement Price in respect of a Relevant Share means the price at which the Lender or a Direct Transferee purchases or otherwise acquires that Relevant Share (through appropriation or otherwise) pursuant to the enforcement of the Security created pursuant to the Share and Account Charge.


More Definitions of Direct Transferee

Direct Transferee means any Person to whom an Initial Stockholder directly conveys any Shares.
Direct Transferee means any Person to which PMI or PFL transfers an Asset, and any Affiliate of such Person or special purpose vehicle established at the direction or for the benefit of such Person or an Affiliate of such Person to which such Person subsequently transfers an Asset.