Former Holders definition

Former Holders has the meaning set forth in Section 5(i).

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Former Holders means Persons who were holders of Privateer Capital Stock or Privateer Options as of immediately prior to the Effective Time of the Merger.

Former Holders means, at and following the Effective Time, the holders of Acquired Units immediately prior to the Effective Time;

Examples of Former Holders in a sentence

• Any portion of the Exchange Fund remaining unclaimed by Former Holders as of a date that is immediately prior to such time as such amounts would otherwise escheat to or become property of any Governmental Entity will, to the extent permitted by applicable Law, become the property of Parent (or at Parent’s election, the Surviving Corporation) free and clear of any claims or interest of any Person previously entitled thereto.

• A decision, act, consent or instruction of the Shareholder Representative shall constitute a decision of all Former Holders, and NET and the Exchange Agent may rely upon any such decision, act, consent or instruction of the Shareholder Representative as being the decision, act, consent or instruction of each and every Former Holder.

• Prior to the Closing, the Company may provide such Letter of Transmittal and other relevant materials agreed to by Parent and the Company to Former Holders directly, with a copy to the Stockholders’ Representative, and shall inform Parent, the Stockholders’ Representative and Paying Agent of the Former Holders to which Letters of Transmittal have been delivered.

• On or before January 31, 1999 and 2000, the Exchange Agent will prepare and mail to each Former Holder, other than Former Holders who demonstrate their status as nonresident aliens in accordance with United States Treasury Regulations, a Form 1099-B and a Form 1099-INT, in accordance with Treasury Regulations.

• Any amounts remaining unclaimed by Former Holders two years after the Effective Time (or such earlier date which is immediately prior to such time as the amounts would otherwise escheat to or become the property of any Governmental Authority) shall become, to the fullest extent permitted by Applicable Laws, the property of the Acquiror, free and clear of any claims or interests of any Person previously entitled thereto.

More Definitions of Former Holders

Former Holders means the holders of New Series A Preferred Stock, New Series B Preferred Stock, New Series C Preferred Stock and New Common Stock as of immediately prior to the Effective Time (other than holders of any Dissenting Shares) (in each case solely in such capacity).

Former Holders means, collectively, the Former Holders of Common Stock, the Former Holders of Series A Preferred Stock, the Former Holders of Series B-1 Preferred Stock and the Former Holders of Series B-2 Preferred Stock, and includes, without limitation, the Stockholders.

Former Holders means each former holder of NDC Stock (other than shares cancelled pursuant to Section 2.5.2(c) and Dissenting Shares) and former holders of Options (determined as of immediately prior to the Effective Time).

Former Holders has the meaning set forth in Section 9.02(i).

Former Holders means the holders of Company Common Shares and Options as of immediately prior to the Closing.

Former Holders the Former Holders of the Redeemed Stock, GECC, and the former holders of the Accelerated Options and/or the Purchased Options (as such terms are defined in the investment Agreement).

Former Holders is defined in the Preamble.