Exempted Persons as defined in Section 1(a) of the Employer's Rights Agreement, dated as of November 10, 1994, (z) mutual funds, banks, investment advisors registered under the Investment Advisers Act of 1940, as amended, and other institutional investors, which either (i) became 20% beneficial owners as a result of an acquisition of Common Stock by the Employer which, by reducing the number of such shares then outstanding, increases the proportionate number of shares beneficially owned by such person to 20% or more of the outstanding Common Stock except that if such person, after such share purchased by the Employer, becomes the beneficial owner of any additional shares of Common Stock, then this exception would not apply, or (ii) were exempted from the operation of this provision with the prior approval of eighty percent of the Board of Directors of the Employer; or
Exempted Persons means persons to whom the restrictions on the conduct of banking business and deposit-taking does not apply including friendly societies whose total deposits remain less than an amount prescribed by the Central Bank;
Exempted Persons shall have the meaning set forth in Section 8.5(c).
Examples of Exempted Persons in a sentence
To the fullest extent permitted by law, the Corporation and its subsidiaries expressly waive any claim that the actions permitted by this Article NINTH, Section B, breach any duty owed to the Corporation, its subsidiaries or any of their respective stockholders, and any right to assert that such actions constitute a conflict of interest by such Exempted Persons with respect to the Corporation, its subsidiaries or any of their respective stockholders.
More Definitions of Exempted Persons
Exempted Persons means an Access Person or Access Persons who is/are working at another entity than the Adviser or ING IM The Hague who, by virtue of a shared employee arrangement or other writing, makes, participates in, or obtains information regarding the purchase or sale of a Covered Security by an Investment Company and/or any other Advisory Client, or whose function relate to the making of any recommendation with respect to such purchase or sale. An Exempted Person is exempted in whole or in part from this Code by the Adviser. The conditions for exemption shall be described by the Adviser. (The list of all current Exempted Persons and their conditions for exemption is kept by the Compliance Department of ING IM, The Hague)
Exempted Persons means an Access Person or Access Persons who is/are working at another entity than the Adviser or ING IM The Hague who, by virtue of a shared employee arrangement or other writing, makes, participates in, or obtains information regarding the purchase or sale of a Covered Security by an
Exempted Persons means any of the AKKR Investors and/or their Affiliates and/or their respective directors, partners, principals, officers, members, managers and/or employees, including any of the foregoing who serve as officers or directors of the Company.
Exempted Persons means an Access Person or Access Persons who is/are working at another entity than the Adviser or ING IM The Hague who, by virtue of a shared employee arrangement or other writing, makes, participates in, or obtains information regarding the purchase or sale of a Covered Security by an Investment Company and/or any other Advisory Client, or whose function relate to the making of any recommendation with respect to such purchase or sale. An Exempted Person is exempted in whole or in part from this Code by the Adviser.
Exempted Persons means an Access Persons who is an employee of another entity than the Adviser who, by virtue of a shared employee arrangement or other writing, makes, participates in, or obtains information regarding the purchase or sale of a Covered Security by an Investment Company, or whose function relate to the making of any recommendation with respect to such purchase or sale. An Exempted Person is exempted in whole or in part from this Code by the Adviser. The conditions for exemption shall by described by the Adviser."
Exempted Persons means, collectively, KMF DPM HoldCo, LLC, Chambers DPM HoldCo, LLC, Rock Ridge Royalty Company, LLC, Royal Resources, L.P., Source Energy Leasehold, LP and Permian Mineral Acquisitions, LP.
Exempted Persons has the meaning set forth in Section 5.1(e).