Director Securities definition

Director Securities means, collectively, all Option Shares issued with respect to the Option. Director Securities will continue to be Director Securities in the hands of any holder other than the Director (except for the Company and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to the Director as a holder of Director Securities hereunder. Director Securities will also include shares of the Company’s capital stock issued with respect to Director Securities by way of a stock split, stock dividend, recapitalization or otherwise.
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Director Securities means the Shares and any other securities of the Company held by Director or any of Director's transferees permitted hereunder. All Director Securities will continue to be Director Securities in the hands of any holder other than Director (except for the Company, the Investors and the Investors' Affiliates and except for transferees in a Public Sale). Except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to Director as a holder of Director Securities hereunder. Director Securities will also include shares of the Company's capital stock or other securities of the Company issued with respect to Director Securities by way of a stock split, dividend or other recapitalization or reclassification.
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Director Securities means all Common Units (including all Incentive Units) at any time held or acquired by a Director Party. Director Securities will continue to be Director Securities in the hands of any holder other than a Director Party (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to a Director Party as a holder of Director Securities hereunder. Director Securities will also include equity of the Company (or a corporate successor to the Company or a Subsidiary of the Company) issued with respect to Director Securities (a) by way of a Unit split, Unit distribution, conversion, or other recapitalization, (b) by way of reorganization or recapitalization of the Company in connection with the incorporation of a corporate successor prior to a Public Offering or (c) by way of a distribution of securities of a Subsidiary of the Company to the members of the Company following or with respect to a Subsidiary Public Offering. Notwithstanding the foregoing, all Unvested Incentive Units shall remain Unvested Incentive Units after any Transfer thereof (other than to the Company or any of the Investors).
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Examples of Director Securities in a sentence

  • The Repurchase Notice will set forth the Director Securities to be acquired from each holder, the aggregate consideration to be paid for such Director Securities and the time and place for the closing of the transaction.

  • The number of Director Securities to be repurchased by the Company shall first be satisfied, to the extent possible, from the Director Securities held by the Director at the time of delivery of the Repurchase Notice.

  • The Company and/or the holders of Investor Shares, as the case may be, will pay for the Director Securities to be purchased pursuant to the Repurchase Option by delivery of a check or wire transfer of funds to the holders of the Director Securities.

  • The legend set forth above shall be removed from the certificates evidencing any shares which cease to be Director Securities in accordance with the definition thereof.

  • In accordance with IFRS 3 revised, these business combinations have not been restated.Since January 1, 2010, the Group applies the purchase method as defined in IFRS 3 revised, which consists of recognizing at the acquisition date the identifiable assets acquired and liabilities assumed at their fair values, including any non-controlling interests in the acquired company.

  • Letter to Vanessa Countryman, Secretary, Commission, from Ellen Greene, Managing Director, Securities Industry and Financial Markets Association, dated August 27, 2019.

  • The Director acknowledges and agrees that the Director Securities are subject to the restrictions on transfer set forth herein and therein.

  • If the Approved Sale is structured as a (i) merger or consolidation, the holders of Director Securities shall waive any dissenters rights, appraisal rights or similar rights in connection with such merger or consolidation or (ii) sale of stock, the holders of Director Securities shall agree to sell all of their Option Shares and rights to acquire Option Shares on the terms and conditions approved by the Supermajority Vote (as defined in the Stockholders Agreement).

  • A COPY OF SUCH CONDITIONS SHALL BE FURNISHED BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST AND WITHOUT CHARGE.” The Company shall imprint such legend on certificates evidencing Director Securities.

  • The Security Powers shall authorize the Company to assign, Transfer and deliver the Director Securities to the appropriate acquirer thereof pursuant to Section 3 below or Section 8.2 of the LLC Agreement and under no other circumstances.


More Definitions of Director Securities

Director Securities means all Common Units (including all Incentive Units) at any time acquired by Director. Director Securities will continue to be Director Securities in the hands of any holder other than Director (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to Director as a holder of Director Securities hereunder. Director Securities will also include equity of the Company (or a corporate successor to the Company or a Subsidiary of the Company) issued with respect to Director Securities (a) by way of a Unit split, Unit distribution, conversion, or other recapitalization, (b) by way of reorganization or recapitalization of the Company in connection with the incorporation of a corporate successor prior to a Public Offering or (c) by way of a distribution of securities of a Subsidiary of the Company to the members of the Company following or with respect to a Subsidiary Public Offering. Notwithstanding the foregoing, all Unvested Incentive Units shall remain Unvested Incentive Units after any Transfer thereof (other than to the Company or any of the Investors).
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Related to Director Securities

  • Investor Securities is defined in Section 2.1.

  • Successor Securities has the meaning specified in Section 9.5(a).

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefor;

  • Series B Securities means the 11-1/2% Senior Notes due 2007, Series B, of the Company to be issued pursuant to this Indenture in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • Series A Junior Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests and distributions upon liquidation of the Partnership, ranks junior to the Series A Preferred Units, including Common Units and Non-Voting Common Units, but excluding any Series A Parity Securities and Series A Senior Securities.

  • Series A Securities means the Company's Series A 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028 as authenticated and issued under this Indenture.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Non Book-Entry Capital Securities shall have the meaning set forth in Section 2.05.

  • Predecessor Securities of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.06 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Security.

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Regulation S Global Securities Appendix A

  • Lock-Up Securities has the meaning set out in Section 5(l).

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Registered Securities will have the same meaning as set forth in the Purchase Agreement.

  • NIM Securities As defined in the tenth Recital to this Agreement.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Physical Securities means permanent certificated Securities in registered form issued in denomination of $1,000 Principal Amount and integral multiples thereof.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Individual Securities shall have the meaning specified in Section 3.01(p).

  • Transfer Restricted Securities means Securities that bear or are required to bear the legend set forth in Section 2.3(b) hereto.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.