Exempt Transferee definition

Exempt Transferee means (A) any person that acquires (other than in an Excluded Transfer) directly from a Principal Stockholder or any of its affiliates or successors ownership of 15% or more of the voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this Article X; and (B) any person that acquires (other than in an Excluded Transfer) directly from a person described in clause (A) of this definition or from any other Exempt Transferee ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this Article X.
Exempt Transferee means (A) any person that acquires (other than in an Excluded Transfer) directly from the Founder (as defined in ARTICLE V) or any of his affiliates, ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this ARTICLE XII; (B) any Permitted Transferee (as defined in ARTICLE V) of the Founder, which person, for the avoidance of doubt, need not be designated in writing as an Exempt Transferee; or (C) any person that acquires (other than in an Excluded Transfer) directly from a person described in clause (A) of this definition or from any other Exempt Transferee ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this ARTICLE XII.
Exempt Transferee means any Person that directly acquires (other than in an Excluded Transfer) from Silver Lake Sumeru or any of its Affiliates or successors, from Iconiq or any of its Affiliates or successors or from Tucker or any of her Affiliates ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this Article X.

Examples of Exempt Transferee in a sentence

  • With respect to an Exempt Transferee, such Assumption Agreement shall be delivered no later than five (5) days prior to the effective date of the proposed Transfer.

  • Unless the proposed Transferee is an Exempt Transferee, Developer shall comply with the provisions for approval of Transferees set forth in the Owner Participation Agreement and the standards for approval of Transferees by Agency set forth in the Owner Participation Agreement, including, without limitation, Section 2.1.4 thereof (including Agency Board approval), are incorporated herein by reference as the standards of approval of Transferees by City.

  • Tenant’s right to purchase as described herein shall survive a conveyance to a third party or to an Exempt Transferee.


More Definitions of Exempt Transferee

Exempt Transferee. Shall have the meaning given to it in Section 10.4 below.
Exempt Transferee means (i) any person that acquires (other than in an Excluded Transfer) directly from Advent International Corporation or any of its Affiliates or successors, ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this Article X; and (ii) any person that acquires (other than in an Excluded Transfer) directly from a person described in clause “(i)” of this definition or from any other Exempt Transferee ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this Article X.
Exempt Transferee means, with respect to an Undersigned Family Member, any Related Party of such Undersigned Family Member.
Exempt Transferee means (i) any person that acquires directly from Parthenon or any of its affiliates or successors, ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this ARTICLE TEN; and (ii) any person that acquires directly from a person described in subsection (i) of this definition or from any other Exempt Transferee ownership of voting stock of the Corporation, and is designated in writing by the transferor as an “Exempt Transferee” for the purpose of this ARTICLE TEN; provided, however, that a purchaser of voting stock of the Corporation in a registered public offering or in a transaction effected pursuant to Rule 144 under the Securities Act of 1933, as amended, (or any similar or successor provision thereto) shall not be an “Exempt Transferee” for the purpose of this ARTICLE TEN.
Exempt Transferee has the meaning set forth in Section 3.6.7. 25
Exempt Transferee means any merchant banking or similar investment firm which acquires X'Xxxxxx Automotive, Inc. Securities from X'Xxxxxx Automotive, Inc. in the ordinary course of its business and not with the purpose nor with the effect of changing or influencing the Control or management of the Company, nor in connection with or as a participant in any transaction having such purpose or effect.
Exempt Transferee means the Transferee of a Membership Interests Transferred pursuant to an Exempt Transfer.