Family Member Shares definition

Family Member Shares means, with respect to any Family Member (including any Permitted Transferee), any and all shares of NACCO Common Stock and Xxxxxxxx Beach Holding Common Stock Beneficially Owned by such Family Member as of the relevant determination date (including any shares of NACCO Common Stock and Xxxxxxxx Beach Holding Common Stock Acquired by such Family Member following the date hereof).
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Family Member Shares has the meaning given to it in Clause 2.3; “Family Members” has the meaning given to it in Clause 1.1;
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Examples of Family Member Shares in a sentence

  • MartinsCENIMAT/I3N, Departamento de Ciência dos Materiais Faculdade de Ciências e TecnologiaFCT, Universidade Nova de Lisboa and CEMOP/UNINOVA2829-516, Caparica, PortugalE-mail: hma@fct.unl.pt; rm@uninova.pt Dr. W.

  • The Undersigned Family Members taken together have no plan or intention to Transfer or Acquire any Family Member Shares except for Transfers or Acquisitions that, in the aggregate, meet the requirements of Section 2(d)(i) (without regard to whether such Transfers or Acquisitions occur during or after the Lock-Up Period).

  • Each Undersigned Family Member has no present plan or intention to Transfer or Acquire any Family Member Shares except for Transfers or Acquisitions that meet the requirements of Section 2(d)(i) (without regard to whether such Transfers or Acquisitions occur during or after the Lock-Up Period).

  • Except for the Family Member Shares, as of the date hereof, no Family Member Beneficially Owns (i) any other shares of NACCO Common Stock or Xxxxxxxx Beach Holding Common Stock, (ii) any securities that are convertible into or exercisable or exchangeable for NACCO Common Stock or Xxxxxxxx Beach Holding Common Stock or (iii) any Equity Securities of any subsidiary of NACCO or Xxxxxxxx Beach Holding.

  • Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by, the parties hereto and their respective successors and permitted assigns, including, in the case of any Family Member, any trustee, executor, heir, legatee or personal representative succeeding to the ownership of the Family Member Shares (including upon the death, disability or incapacity of any Family Member).

  • The Family Member Shares are lawfully owned by each Xxxx Family Member free and clear of any Lien of any kind, and have been owned by such Xxxx Family Member since February 1, 1997.

  • The Family Member Shares are fully paid and non-assessable, with no personal liability attaching to the ownership thereof, and the Family Member Shares are transferable to Purchaser under the terms of this Agreement.

  • No Xxxx Family Member shall be entitled to any Additional Consideration in respect of the sale of their Family Member Shares to Purchaser hereunder.

  • Upon delivery of the Xxxx Family Member Shares to Purchaser hereunder, Purchaser will acquire good title thereto free and clear of all Liens and claims of others of every kind and description, subject to applicable federal and state securities laws.

  • There are no outstanding options, warrants, commitments, agreements or any other rights of any character (except as created by this Agreement) entitling any person other than Purchaser to acquire the Family Member Shares.

Related to Family Member Shares

  • Designated family member means any of the following:

  • Family Member means spouse, father, mother, child, father-in-law, mother-in-law, daughter-in-law or son-in-law.

  • Immediate Family Member means a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, of a natural person referred to herein.

  • Immediate Family Members means, with respect to any individual, such individual’s child, stepchild, grandchild or more remote descendant, parent, stepparent, grandparent, spouse, former spouse, qualified domestic partner, sibling, mother-in-law, father-in-law, son-in-law and daughter-in-law (including adoptive relationships) and any trust, partnership or other bona fide estate-planning vehicle the only beneficiaries of which are any of the foregoing individuals or any private foundation or fund that is controlled by any of the foregoing individuals or any donor-advised fund of which any such individual is the donor.

  • Family Members means, as to a Person that is an individual, such Person’s spouse, ancestors, descendants (whether by blood or by adoption or step-descendants by marriage), brothers and sisters, nieces and nephews and inter vivos or testamentary trusts (whether revocable or irrevocable) of which only such Person and his or her spouse, ancestors, descendants (whether by blood or by adoption or step-descendants by marriage), brothers and sisters and nieces and nephews are beneficiaries.

  • Close Family Member means a parent, child or sibling who is not an immediate family member.

  • Eligible Family Member means a member of the Subscriber’s family that is or becomes eligible to enroll for coverage under this Plan as a Dependent.

  • Immediate family means a spouse and any unemancipated child.

  • Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Extended family member means an adult who is a grandparent, brother, sister, stepbrother, stepsister, uncle, aunt, or first cousin with whom the child has a relationship and is comfortable, and who is willing and available to care for the child.

  • Child or Children means a child or children unmarried

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Descendant of an individual means all of the individual's descendants of all generations, with the relationship of parent and child at each generation being determined by the definition of child and parent contained in this section.

  • Permitted Transferees means a person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Member of the Immediate Family means, with respect to any Person who is an individual, (a) each parent, spouse (but not including a former spouse or a spouse from whom such Person is legally separated) or child (including those adopted) of such individual and (b) each trustee, solely in his or her capacity as trustee, for a trust naming only one or more of the Persons listed in sub-clause (a) as beneficiaries.

  • Permitted Holder means (a) Xxxxxxx X. Xxxxxxx, (b) any of his immediate family members or his or their respective heirs by operation of law, will or intestacy or (c) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding a 50.1% or more controlling interest of which consist of Xxxxxxx X. Xxxxxxx and/or his immediate family members.

  • Children means all dependants named on a policy (not including spouse).

  • Child/Children means persons who are of an age of two years and above but who are less than 12 years of age;

  • Deceased Holder Not applicable.

  • Registered domestic partner means an individual joined in a domestic partnership that is registered by a county clerk in accordance with ORS 106.300 to 106.340.

  • 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.

  • Eligible Children means named dependent children including adopted and step children of the Insured Person between Ages three (3) years and eighteen (18) years or upto twenty three (23) years if attending as a full time student with an accredited Institution of Higher Learning, who are unmarried, and receive the majority of maintenance and support from the Insured Person.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Grandchild means a child of the employee’s child.