Founding Stockholder definition

Founding Stockholder means a Founding Stockholder and all corporations, limited liability companies, partnerships, joint ventures, associations and other entities (other than the Corporation) in which such Founding Stockholder beneficially owns (directly or indirectly) 50 percent or more of the outstanding voting stock, voting power or similar interests and, if a Founding Stockholder is a partnership, shall also include those entities which constitute its corporate general partners, except that for purposes of determining those persons who are directors of Founding Stockholders, such term shall mean Time Warner Inc., U S West Media Group, Inc. and, in the case of Advance/▇▇▇▇▇▇▇▇ Partnership, Advance Communication Corp. and ▇▇▇▇▇▇▇▇ Broadcasting Corporation, its general partners.

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Founding Stockholder means A▇▇ ▇▇▇▇▇▇▇▇.

Founding Stockholder means American Real Estate Partners, L.P. (“AREP”) and its affiliates (other than the Corporation) and any other persons in which AREP or any such affiliate has any direct or indirect voting or economic interest, (iii) the term “affiliate”, when used with reference to any person, shall mean a person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, such person, (iv) the term “control” (including the terms controlling, controlled by and under common control with) means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract, or otherwise, and (v) the term “person” shall mean an individual, partnership, limited partnership, limited liability company, corporation, trust, estate, association or any other entity.

Examples of Founding Stockholder in a sentence

• Pentacon agrees that the number of directors of Pentacon shall not exceed nine members immediately following the IPO unless the Founding Stockholder representatives to serve on such board agree in writing to a larger number of directors.

• The Company will not make or receive any cash payment to or from the Founding Stockholder or any Permitted Transferees in respect of any such adjustment.

• Notwithstanding the foregoing, no Private Warrants shall be redeemable at the option of the Company so long as they are held by the Founding Stockholder or its Permitted Transferees; provided that the fact that one or more Private Warrants are non-redeemable because of the reason described above shall not affect the Company’s right to redeem the Public Warrants and all Private Warrants that are not held by the Founding Stockholder or its Permitted Transferees.

• Each Founding Stockholder agrees that he will not, directly or indirectly, offer, transfer, sell, assign, pledge, hypothecate or otherwise dispose of any such Purchaser Common Stock (or solicit any offers to buy, purchase, or otherwise acquire or take a pledge of the Purchaser Common Stock) except in compliance with the 1933 Act and applicable state securities laws.

• In addition, the fact that a Founding Stockholder shall engage in a particular business activity shall not, of itself, provide a basis for determining that there has been a violation of Section 3 of this Article.

More Definitions of Founding Stockholder

Founding Stockholder means the ▇▇▇▇▇▇▇ Trust and any other non-individual Person through which any Founder owns any shares of Company Stock as of the Closing.

Founding Stockholder is defined in the recitals to this Agreement.

Founding Stockholder means ▇▇▇▇ ▇. ▇▇▇▇▇ and shall not mean any assignee or transferee of ▇▇▇▇ ▇. ▇▇▇▇▇.

Founding Stockholder means an Eligible Recipient who is a party to the Stockholders’ Agreement.

Founding Stockholder means each of ASARCO Incorporated, Cerro Trading Company, Inc. and Phelps Dodge Overseas Capital Corporation and their respec▇▇▇▇ ▇uccessors and assigns qualifying pursuant to Section 4.3 hereof; provided that each of Cerro Trading Company, Inc. and Phelps Dodge Overseas Capital Corporation shall remain a F▇▇▇▇▇▇g Stockholder for purposes hereof only for such time as it would also qualify as an Affiliate of The Marmon Corporation or Marmon Holdings, Inc. or Phelps Dodg▇ ▇▇▇▇oration, or thei▇ ▇▇▇▇ective successors, ▇▇ ▇▇▇ case may be.

Founding Stockholder means each of Shal▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇ Char▇▇▇ ▇. ▇▇▇▇▇▇.

Founding Stockholder means each of Grupo Mexico, S. A. de C. V., Cerro Trading Company, Inc. and ▇▇▇▇▇▇ Dodge Overseas Capital Corporation and their respective successors; PROVIDED that each of Cerro Trading Company, Inc. and ▇▇▇▇▇▇ Dodge Overseas Capital Corporation shall remain a Founding Stockholder for purposes hereof only for such time as it would also qualify as an Affiliate of The ▇▇▇▇▇▇ Corporation or ▇▇▇▇▇▇ Holdings, Inc. or ▇▇▇▇▇▇ Dodge Corporation, or their respective successors, as the case may be."