Exchanged Owner definition

Exchanged Owner has the meaning set forth in the Recitals of this Agreement.
Sample 1Sample 2
Exchanged Owner has the meaning set forth in the Former Limited Partner Tax Receivable Agreement.
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Exchanged Owner has the meaning set forth in the Former LLC Owner TRA.
Sample 1

Examples of Exchanged Owner in a sentence

  • No Exchanged Owner shall be responsible in any way for the performance of the obligations of any other Exchanged Owner hereunder, nor shall any Exchanged Owner have the right to enforce the rights or obligations of any other Exchanged Owner hereunder.

  • The decision of each Exchanged Owner to enter into this Agreement has been made by such Exchanged Owner independently of any other Exchanged Owner.

  • The rights and obligations of each Exchanged Owner hereunder are independent of the rights and obligations of any other Exchanged Owner hereunder.

  • To the extent that amounts are so withheld and paid over to the appropriate Taxing Authority by Corporate Taxpayer, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to such Exchanged Owner.

  • Such payment shall be made, at the sole discretion of Corporate Taxpayer, by wire or Automated Clearing House transfer of immediately available funds to a bank account or accounts designated by the applicable Exchanged Owner or as otherwise agreed by Corporate Taxpayer and the Exchanged Owner.

  • The obligations of each Exchanged Owner hereunder are solely for the benefit of, and shall be enforceable solely by, Corporate Taxpayer.

  • Each such payment shall be made, at the sole discretion of Corporate Taxpayer, by wire or Automated Clearing House transfer of immediately available funds to the bank account previously designated by the applicable Exchanged Owner to Corporate Taxpayer or as otherwise agreed by Corporate Taxpayer and the applicable Exchanged Owner.

  • Notwithstanding the foregoing, in the event that Corporate Taxpayer materially breaches this Agreement, each Exchanged Owner shall be entitled to elect to receive the amounts set forth in clauses (1), (2), (3) and (4) above or to seek specific performance of the terms hereof.

  • Each such payment shall be made by wire or Automated Clearing House transfer of immediately available funds to the bank account previously designated by the applicable TRA Party to Corporate Taxpayer or as otherwise agreed by Corporate Taxpayer and the applicable Exchanged Owner.

  • Carryovers or carrybacks of any Tax item attributable to the Exchanged Owner Basis, Continuing Limited Partners Tax Receivable Agreement Items and Imputed Interest shall be considered to be subject to the rules of the Code and the Treasury Regulations or the appropriate provisions of U.S. state and local income and franchise tax law, as applicable, governing the use, limitation and expiration of carryovers or carrybacks of the relevant type.

Related to Exchanged Owner

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Qualified Owner means a Cold War veteran, the spouse of a Cold War veteran, or the unremarried surviving spouse of a deceased Cold War veteran. Where property is owned by more than one qualified owner, the exemption to which each is entitled may be combined. Where a veteran is also the unremarried surviving spouse of a veteran, such person may also receive any exemption to which the deceased spouse was entitled.

  • Designated Owner has the meaning set forth in the Statement.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Trust Beneficial Owner means Global Funding, in its capacity as the sole beneficial owner of the Trust, and its successors.

  • Beneficial Owner and “Beneficial Ownership” shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Registered Owner means the owner of record of a Direct Account on the books and records of the Fund maintained by BNYM as registrar of the Fund (the “Fund Registry”).

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

  • Affected owner means the owner of real property that is:

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Residual Certificate The Class R Certificate.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Beneficial shareholder means the person who is a beneficial owner of shares held in a voting trust or by a nominee as the record shareholder.

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • Certificate Owner With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Book-Entry Certificate.

  • Preferred Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Warrant Holder means the holder of a Call Warrant.

  • Holder means a Person in whose name a Security is registered in the Security Register.

  • Initial Holder has the meaning set forth in the preamble.

  • Restricted Global Certificate Has the meaning specified in Section 3.01(c).

  • Registered Holder means the Person in whose name a Note is registered on the Note Register on the applicable Record Date.