Exempt Holder definition

Exempt Holder means, collectively, (i) Professor Werner Otto, his wife Maren Otto and/or all descendants of Professor Werner Otto (illegitimate descendants only if they have obtained the status of a legitimate descendant by legitimation or adoption by Professor Werner Otto or one of his legitimate descendants, or if they are children of a female legitimate descendant of Professor Werner Otto), (ii) any trust or any family foundation that has exclusively been established in favor of one or several of the individuals named under (i) above, and (iii) any partnership, firm, corporation, association, trust, unincorporated organization, joint venture, limited liability company or other legal entity, in which the individuals or entities named under (i) and (ii) hold (either directly or indirectly) more than 50% of the voting rights or more than 50% of the equity capital of such any such partnership, firm, corporation, association, trust, unincorporated organization, joint venture, limited liability company or other legal entity.

Exempt Holder means (1) any Permitted Holder, (2) any Person acquiring shares of Liberty Braves Common Stock as an underwriter or other agent of the Corporation in connection with an underwritten offering of Liberty Braves Common Stock, (3) any Trustee of a Trust, (4) any Trust, (5) the Depository Trust Company or other entity which holds shares of record solely for the benefit of the beneficial owners of the shares, or (6) any Person who inadvertently or without the Actual Knowledge of the Corporation becomes the owner of shares of Liberty Braves Common Stock in an amount equal to or in excess of 10% of the Total Outstanding Shares of Liberty Braves Common Stock, provided that such Person divests (within a reasonable amount of time after such Person obtains knowledge of such threshold breach, but in no event longer than sixty (60) days after such Person obtains knowledge of such threshold breach) a sufficient number of shares of Liberty Braves Common Stock (without retaining any power, including, without limitation, voting power, with respect to such shares) so that such Person is not the owner of shares of Liberty Braves Common Stock in an amount equal to or in excess of 10% of the Total Outstanding Shares of Liberty Braves Common Stock.

Exempt Holder means American Financial Group, Inc., each of its subsidiaries and affiliates, Carl H. Lindner, his spouse, his children and their spouses and his grandchildren (or the legal representative of any such person) and each trust for the benefit of each such person.

Examples of Exempt Holder in a sentence

• The Distributee may assign his rights and obligations under this Agreement to any Exempt Holder to whom he has transferred actual ownership of his Common Shares; provided, however that Distributee shall not be relieved of his obligations under the first two sentences of Section 2(d) under this Agreement by any such assignment.

• A foreign person (other than a U.S. resident alien) may qualify as an Exempt Holder by submitting to the Exchange Agent a properly completed IRS Form W-8BEN, W-8BEN-E, or other appropriate IRS Form W-8, signed under penalties of perjury, attesting to that holder's exempt status.

• To avoid erroneous backup withholding, each Exempt Holder (other than an Exempt Holder that is a foreign person (“Foreign Holder”)) should enter the Exempt Holder’s name, address, status and TIN on the face of the Substitute Form W-9 and write “EXEMPT” on the face of Part II of the Substitute Form W-9, and sign, date and return the substitute Form W-9 to the Paying Agent with this Letter of Transmittal.

• This Agreement shall terminate on the earlier of (i) the date upon which the waiver granted pursuant to Section 3 terminates pursuant to Section 2 or (ii) an Exempt Holder Reduction Event.

• To avoid erroneous backup withholding, each Exempt Holder (other than an Exempt Holder that is a foreign person ("Foreign Holder")) should enter the Exempt Holder's name, address, status and TIN on the face of the Form W-9 and check "EXEMPT" on Form W-9, and sign, date and return the Form W-9 to the paying agent with this Letter of Transmittal.

More Definitions of Exempt Holder

Exempt Holder has the meaning set forth in Section 4(a) of Division B of the Articles.

Exempt Holder means any direct or indirect beneficial equity holder (or family members of beneficial holders that are individuals) of the Company or any of its direct or indirect parent entities which holder is also a director or officer of the Company or any of its direct or indirect parent entities.

Exempt Holder means Xxxxxxx X. Xxxxxx, Xx., his descendants (and their spouses), and his and their Affiliates and Associates.

Exempt Holder has the meaning set forth in Section 7.1 of the Articles

Exempt Holder mean Xxxxxxx X. Xxxxxx, Xx. and his Affiliates and Associates.

Exempt Holder means Charles H. Murphy, Jr., his spouse, his descendants (and their spxxxxx) xxx xxx xxx xxxir Affiliates and Associates.

Exempt Holder means: (i) Antlia Holdings LLC; (ii) any affiliate of Antlia Holdings LLC that is managed by Brookfield Asset Management, Inc. or a subsidiary of Brookfield Asset Management, Inc.; or (iii) any entity in which Brookfield Asset Management, Inc. or a subsidiary thereof owns a controlling interest.